1223 N June Street Active

Los Angeles,CA 90038

$ 3695000

14 Beds

15 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB24154210

Bedrooms 14

HOA Y/N No

Lot Size 5,122 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

1223 N June St is a 75% leased, ultra-premium 2024 fourplex in A+++ Hollywood proper, just steps from the iconic Hollywood Blvd! This rare offering can be delivered with the 1,723 sq. ft. 4-bedroom, 4-bathroom front unit + rooftop deck vacant, making it an ideal opportunity for an owner-user looking to offset their mortgage with rental income from the other three units. With a ready-to-close timeline, this property is a dream opportunity for 1031 exchange buyers! This modern fourplex consists of two expansive 4-bedroom, tri-level townhomes (one currently leased at $6,295) and two impressive 3-bedroom, tri-level townhomes, each boasting massive rooftop decks (leased at $3,659 & $5,200). The property features seven parking spaces, including four garages, one exterior space, and one bonus exterior spot. The combination of an unbeatable Hollywood location, upscale modern design, and sprawling rooftop views has resulted in strong tenant demand and effortless leasing. The thoughtfully designed floorplans offer expansive kitchens and living spaces, making them especially attractive to tenants seeking both luxury and functionality. These premium townhomes feature designer finishes throughout, including modern glossy cabinets, high ceilings, huge closets, and balconies off both the living spaces and bedrooms. MASSIVE rooftop decks offer stunning Hollywood Sign views, while floor-to-ceiling windows flood the interiors with natural light. Additional highlights include built-in TV consoles, natural wood waterproof vinyl flooring, and all kitchen appliances included. Beyond strong renta
1223 N June St is a 75% leased, ultra-premium 2024 fourplex in A+++ Hollywood proper, just steps from the iconic Hollywood Blvd! This rare offering can be delivered with the 1,723 sq. ft. 4-bedroom, 4-bathroom front unit + rooftop deck vacant, making it an ideal opportunity for an owner-user looking to offset their mortgage with rental income from the other three units. With a ready-to-close timeline, this property is a dream opportunity for 1031 exchange buyers! This modern fourplex consists of two expansive 4-bedroom, tri-level townhomes (one currently leased at $6,295) and two impressive 3-bedroom, tri-level townhomes, each boasting massive rooftop decks (leased at $3,659 & $5,200). The property features seven parking spaces, including four garages, one exterior space, and one bonus exterior spot. The combination of an unbeatable Hollywood location, upscale modern design, and sprawling rooftop views has resulted in strong tenant demand and effortless leasing. The thoughtfully designed floorplans offer expansive kitchens and living spaces, making them especially attractive to tenants seeking both luxury and functionality. These premium townhomes feature designer finishes throughout, including modern glossy cabinets, high ceilings, huge closets, and balconies off both the living spaces and bedrooms. MASSIVE rooftop decks offer stunning Hollywood Sign views, while floor-to-ceiling windows flood the interiors with natural light. Additional highlights include built-in TV consoles, natural wood waterproof vinyl flooring, and all kitchen appliances included. Beyond strong rental income potential, buyers will enjoy drought-tolerant landscaping, a 1-year builders warranty, brand-new everything, minimal maintenance, and separate meters for gas, water, and electric. With its prime location, high-end design, and long-term desirability, this is an exceptional investment opportunity in one of Hollywoods most sought-after rental markets.

Location

State CA

County Los Angeles

Area Los Angeles (90038)

Zoning Builder

Interior

Cooling Central Forced Air

Building

Lot Description Sidewalks

Story 3

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $533

Space Rent $6,295

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