Active

1223 N June ST

LOS ANGELES CA, 90038

$3,695,000


$583.82 per sqft

Active

14 Beds

15 Baths

6,329 sqft

Multi-family

Built in 2024

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.

BB24154210MR

MLS ID

July 29, 2024

Listed

February 12, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

14


Total Bathrooms

15


Appliances

Dishwasher, Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Inside, Microwave, Refrigerator, Washer, Washer Hookup, Washer Included


Laundry Description

Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Inside, Washer, Washer Hookup, Washer Included


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.12 Acres


Architectural Style

Modern


Sewer

Public Sewer

Other Property Details

Area Name

Hollywood


Taxes

$44,318


Tax Frequency

Annually


Days on Market

185


Garage

Yes


Garage Spaces

1


Parking

Garage, Uncovered


Parking Total

8


View

Yes


View Description

City Lights


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5

Listed by Elizabeth Maddox with Myunits.com Inc.
Listing Contact: 818-850-8485 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vinnie Park | CA DRE# 02015848 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/12/2025

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