1243 N Gower Street, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 4 bath
1243 N Gower Street
Los Angeles, California 90038
Property Price
SUMMARY
Analysis of 1243 N Gower Street, Los Angeles, California 90038 is currently available with a list price of $1,145,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2020, this modern luxury home is well within the 10-year threshold for excellent condition. It features high-end contemporary finishes, including a chef's kitchen with premium appliances, hardwood flooring, recessed lighting, and modern glass railings. The property is in turnkey condition with no deferred maintenance and offers updated energy-efficient systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Studio District Location
Situated in the heart of Hollywood's media hub, the property offers unparalleled proximity to major employers like Netflix, Paramount, and Sunset & Gower Studios.
- Modern 2020 Construction
Built in 2020, this contemporary residence features updated building standards, energy-efficient systems, and a turnkey interior that requires no immediate renovation.
- Panoramic Rooftop Oasis
The private rooftop patio provides a rare 360-degree view of the Hollywood Sign and Downtown Los Angeles skyline, serving as a premium outdoor entertaining space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1764, other record living area = 1680.
- Vertical Living Constraints
The four-level configuration (including the roof) involves significant stair usage, which may be a drawback for buyers with mobility concerns or those preferring single-level living.
- Recurring HOA Expenses
A monthly association fee of $550 adds a notable recurring cost to the property's carrying expenses compared to a traditional single-family home.
About 1243 N Gower Street
A Modern newly built Luxury home in the prime Hollywood Studio District. This 3-level residence (plus private roof patio) features an openfloor plan with 3 bedrooms, 4 bathrooms, and upscale finishes throughout. Enjoy the spacious rooftop patio with breathtaking 360 city views stretching from the Hollywood sign to the Downtown skyline, your own private outdoor oasis. Just blocks from La Antica Pizzeria, Sugarfish, K&L Wines, Equinox, and Runyon Canyon. Surrounded by Sunset & Gower Studios, Netflix, Paramount, and Raleigh Studios and minutes to Los Feliz, Silver Lake, DTLA. A rare blend of easy modern living in the heart of city.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2020
- Lot Size
- 6,463 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 4.0 | 2.0 | 80% |
| Square foot | 1,764 | 1,330 | 80% |
| Lot Size | 6,463 | 11,450 | 20% |
| Price | $1.15M | $785.0K | 80% |
| Price per sq ft | $649 | $636 | 60% |
| Built year | 2020 | 2008 | 80% |
| HOA | $550.0 | $578 | 40% |
| Days on market | 58 | 204 | 20% |
Pricing History
Listed for Sale
Feb 18, 2026
$1,145,000
$1,175,000
-3% Price Drop
Initial Listing
Price Change
Jan 7, 2026
$1,175,000
Initial Listing
Sold
Oct 18, 2021
$1,175,000
Public Record
Sold
Mar 16, 2017
$1,049,000
Public Record
Sold
Dec 22, 2006
$575,000
Public Record