1227 N June Street, Hollywood, CA 90038

$3,300,000

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Sold Price
$3,300,000
List Price
$3,450,000
Closing Date
Sep 25, 2025
Status
CLOSED
MLS#
BB25179565
Year Built
2024
Lot Size
5,122
Acres
0.12
Lot Location
Landscaped
Days on Market
2
Property Type
Multifamily
Style
Modern
Property Sub Type
Quadruplex
Stories
Three Or More Levels

Property Description

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 LA’s 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 today’s 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 builder’s 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 today’s 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.

Additional Information

Taxes
$41,386
Appliances
Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Neighborhood
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Open Floorplan, Recessed Lighting, Instant Hot Water
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$245,760
Operating Expense
48849

Listing courtesy of Listing Agent: Lauren Cearley (listings@twotofour.com) from Listing Office: Myunits.com Inc..

Listing sold by Cheyenne Womack from Myunits.com Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.