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1065 Gower St
Los Angeles, CA 90038
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Across the street from Paramount studios, High traffic, Strong visibility, multi-purpose zoning, turnkey business.
EXECUTIVE SUMMARY
Located in the heart of Hollywood, California, directly across from Paramount Studios, this well-positioned auto body shop offers exceptional visibility along a high-traffic corridor surrounded by production studios, post-production facilities, restaurants, and creative offices.
The property has been owned and operated by the same owner for over 40 years, underscoring its long-term viability as an automotive and commercial location. The asset currently generates stable in-place income, including approximately $7,700 per month from the lease of three of the five service bays to Legit Auto Body, plus an additional $350 per month from an on-site billboard. Note: There is strong current income in place ($7700.00 + $$350.00) plus the additional income the owner occupied bays brings in.
This offering presents a turnkey opportunity for an owner-operator to step into an established auto body operation, or for an investor to reposition or redevelop the property. The site is zoned LAC2 (Q), providing flexible commercial and mixed-use potential (buyer to verify).
For developers, the seller is willing to lease back his business, allowing a buyer to maintain cash flow while architectural plans and entitlements are processed—an increasingly rare advantage in the Hollywood submarket.
An ideal acquisition for owner-users, investors, or developers seeking income today with long-term upside in a premier entertainment corridor.
The property has been owned and operated by the same owner for over 40 years, underscoring its long-term viability as an automotive and commercial location. The asset currently generates stable in-place income, including approximately $7,700 per month from the lease of three of the five service bays to Legit Auto Body, plus an additional $350 per month from an on-site billboard. Note: There is strong current income in place ($7700.00 + $$350.00) plus the additional income the owner occupied bays brings in.
This offering presents a turnkey opportunity for an owner-operator to step into an established auto body operation, or for an investor to reposition or redevelop the property. The site is zoned LAC2 (Q), providing flexible commercial and mixed-use potential (buyer to verify).
For developers, the seller is willing to lease back his business, allowing a buyer to maintain cash flow while architectural plans and entitlements are processed—an increasingly rare advantage in the Hollywood submarket.
An ideal acquisition for owner-users, investors, or developers seeking income today with long-term upside in a premier entertainment corridor.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,330 SF
Building Class
C
Year Built
1924
Price
$5,025,247 CAD
Price Per SF
$1,160.57 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
LAC2 - Commercial LAC2 (Q) condition (per city records). Buyer to investigate (Q) condition, prior to making an offer to purchase.
Parking
16 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
148’ on Gower St
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $573,825 CAD | |
| Land Assessment | $2,107,243 CAD | Total Assessment | $2,681,068 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,107,243 CAD
Improvements Assessment
$573,825 CAD
Total Assessment
$2,681,068 CAD
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