Los Angeles, CA 90038,1223 N June ST
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Los Angeles, CA 90038,1223 N June ST
Los Angeles, CA 90038,1223 N June ST
Los Angeles, CA 90038,1223 N June ST
Los Angeles, CA 90038,1223 N June ST
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$ 3,695,000
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Active

1223 N June ST Los Angeles, CA 90038

5,122 Sqft Lot


UPDATED:

01/31/2025 12:41 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB24154210

Construction Status Turnkey

HOA Y/N No

Year Built 2024

Annual Tax Amount $44,318

Lot Size 5,122 Sqft

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 rental income potential, buyers will enjoy drought-tolerant landscaping, a 1-year builder's 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 Hollywood's most sought-after rental markets.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Interior Features High Ceilings, Walk-In Closet(s)

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Parking Features Attached Carport, Garage, Uncovered

Garage Spaces 1.0

Carport Spaces 5

Garage Description 1.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Landscaped

Faces East

Story 3

Entry Level One,Two,Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories One, Two, Three Or More

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 5532002006

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Elizabeth Maddox • Myunits.com Inc. • 818-850-8485
agent

Brenda Perez-Miranda

Agent | License ID: 01293185

+1(619) 846-9088

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1223 N June ST