1227 N June Street, Hollywood, CA

$3,450,000

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14

Beds

18

Baths

0.12

Acres

About 1227 N June Street

1227 N June St is a brand-new, non-rent controlled, FULLY LEASED fourplex in the heart of Hollywood- just minutes from major studios like Netflix and Sunset Gower, and surrounded by some of LAs largest employment hubs and most exciting lifestyle destinations. This stabilized asset is bringing in $20,480/month in gross income and a solid 5.49% cap rate, offering investors strong cash flow from day one in a highdemand rental market. Given the increased need for quality housing, this is an investment that stands strong in todays market. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom,4.5-bathroom townhomes and one 2-bedroom, 2.5-bathroom unit, all thoughtfully designed to maximize space and functionality. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builders warranty for peace of mind. Modern, open-concept layouts feature high-end designer finishes, high-end appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of todays renters. Positioned in this thriving Hollywood neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With zero rent control, low expenses, and immediate income in a prime rental corridor, 1227 N June St is an exceptional turnkey investment in the center of it all.

Features of 1227 N June Street

MLS® # BB25179565
Price $3,450,000
Bedrooms 14
Bathrooms 18.00
Acres 0.12
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 1227 N June Street
Area LOS ANGELES (90038)
City Hollywood
County Los Angeles
State CA
Zip Code 90038

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 3 Story

Exterior

Lot Description Sidewalks

Additional Information

Days on Market 3
Zoning Builder
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSan Diego
Contact InfoOffice: 913-492-6900

Listing Map

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