1570 n gower street - apartmentbuildings.com n gower street ... • an abundance of high-end retail...

1570 N GOWER STREETHOLLYWOOD FREESTANDING BOUTIQUE MULTIFAMILY/RETAIL/OFFICE BUILDING FOR SALE

DANIEL CHIPRUTSenior Managing DirectorT 310.407.6581 M 310.800.7955 [email protected] RE License #01808709

STEVE SALASSenior Managing DirectorT 310.407.6569 M 310.508.0660 [email protected] RE License #01232955

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

DANIEL CHIPRUTSenior Managing DirectorT 310.407.6581 M [email protected] RE License #01808709

1570 N GOWER STREETHOLLYWOOD, CA 90028FREESTANDING BOUTIQUE MULTIFAMILY/RETAIL/OFFICE BUILDING FOR SALE


Freestanding Boutique Multifamily/Retail/Office Building For Sale

PRICE: $3,400,000

RENTABLE SF: ±4,300 SF

PARCEL SIZE: ±6,621 SF

NO. OF UNITS: 6 Units

PARKING: ±7 Spaces

YEAR BUILT: 1918

ZONING: C4-1 State Enterprise Zone

• Potential Owner/User Opportunity• 6 Creative Multifamily, Retail or Office Bungalows• ±7 Parking Spots On Site• Corner Lot - Selma Ave and Gower St• Hollywood Entertainment Business Improvement District• Located in the Hollywood Redevelopment Area• Amidst a Host of Completed Mixed-Use Projects• Excellent Access to the 101, 10, and 170 freeways• Across from Columbia Square (www.columbiasquare.com)• An Abundance of High-End Retail Amenities• The original certificate of occupancy is multifamily

PROPERTY INFO

CURRENT RENT ROLL

Unit Tenant Square Feet

Monthly Rent

Monthly CAM

Total Monthly Rent

Monthly Rent/Area

Start Date

Exp. Date

Next Rent Increase

Increase Security DepositAmount %

1570/1572 Gower St Bella Psychic ±1,700 SF $4,000 $0.00 $4,000 $2.35 8/1/2014 4/30/2018 8/1/2017 $4,200 $4,000

1574 Gower St Vacant ±900 SF $3,600 $0.00 0 0

1576 Gower St Vacant ±900 SF $3,600 $0.00 0 0

1580 Gower St Kind Prints ±800 SF $2,700 $0.00 $2,700 $3.38 2/20/2014 MTM $4,050

Grand Total ±4,300 SF $13,900 $0.00 $6,700 $8,050




1ST FLOOR PLANS & ELEVATIONExisting First Floor Plans

Existing First Floor Elevation

1570 N Gower St±1,000 SF

1574 N Gower St±900 SF






2ND FLOOR PLANS & ELEVATION

Existing Second Floor Plans

Existing Second Floor Elevation


1576 N Gower St




N GOWER ST

HOLLYWOOD BLVD

SUNSET BLVD

CARLTON WAY

AERIAL VIEW

SELMA AVE

Columbia Square is Hollywood's most celebrated project designed by Rios Clementi Hale Studios. It includes a Kelly Wearstler designed 20-story residential tower with 200 apartments plus a 33,000 square feet retail area spread over three renovated historic buildings. It also includes four-and-a-half levels of underground parking alongside the over 330,000-square-feet of office space leased to notable tenants like, Viacom, NeueHouse, MTV, and more. For more info, please go to www.columbiasquare.com.

N EL CENTRO AVE

1570 N GOWER ST




SELECTED LOCAL AMENITIES

Crustacean

Stout Burgers & Beer

Groundwork Coffee Co

Tender Greens

Roscoe's Chicken & Waffle Sweetgreen

EquinoxSugarfish by Nozawa

Greenleaf Gourmet Chopshop Rubies + Diamonds

The Redbury Hollywood

Amoeba Music

Shake Shack




HOLLYWOOD BLVD

N C

AH

UE

NG

A B

LV

D

Retail/Grocery1 CVS

2 Urban Outfitters

3 Amoeba Music

4 K & L Wine Merchants

5 Walgreens

6 Bed Bath & Beyond

7 Trader Joe’s

8 7-Eleven

10 LA Fitness

11 Rite Aid

1

2

3

4

5

6

7

8

9

10

Theatres1 Hollywood Pacific Theatre

2 Pantages Theatre

3 The Fonda Theatre

4 Ricardo Montalban Theatre

5 ArcLight Hollywood

6 Hollywood Palladium

1

2

3

4

5

6

Restaurants/Bars1 Katsuya Hollywood

2 Dirty Laundry

3 Vegan House

4 Frolic Room

5 Wood & Vine

6 Beso

7 Delphine

8 Sharky’s Woodfired Mexican Grill

9 Birch

10 The Running Goose

11 Ball & Chain

12 Saint Felix Hollywood

13 Stout Burgers & Beer

14 Umami Burger

15 LifeFood Organic

16 Groundwork Coffee Co

17 Chipotle Mexican Grill

18 Off Vine Restaurant

19 Starbucks

20 Tender Greens

21 ShopHouse Asian Kitchen

22 The Hungry Cat

23 800 Degrees Neapolitan Pizzeria

24 Kabuki Japanese Restaurant

28 Shake Shack

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Hotels1 The Redbury Hollywood

2 W Hollywood

1

2

Banking1 Bank of America

2 Chase Bank

3 Wells Fargo

1

2

3

Other Services1 Capitol Records Building

2 Sunset Gower Studios

1

2

1 Greenleaf Gourmet Chopshop

2 Sugarfish by Nozawa

28 Roscoe’s Chicken & Waffle

26

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28

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910

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HOLLYWOOD BLVD

N C

AH

UE

NG

A B

LV

D

VIN

E S

TV

INE

ST

N G

OW

ER

ST

N G

OW

ER

ST

SELMA AVE SELMA AVE

SUNSET BLVD

AR

GY

LE

AV

EA

RG

YL

E A

VE

IVA

R A

VE

IVA

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VE

AMENITIES MAP

1570 N Gower St

5 7

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1570 n gower street - apartmentbuildings.com n gower street ... • an abundance of high-end retail...

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