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$3,300,000
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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.
Full Property Details
Full Property Details for 1227 N June St
General
- Sold For: $3,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: BB25179565
- Added to Site: 194 day(s) ago
Interior
- Interior Features: Open Floorplan, Recessed Lighting
- Fireplace(s): None
- Appliances: Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Rooms
Other Rooms
- Laundry: Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Lighting
Parking
- Garage Spaces: 2
- Parking Features: Garage, Uncovered
- Parking: Garage, Uncovered
Location
- Area: C20 - Hollywood
- County: Los Angeles
- Development Name: C20 - Hollywood
- Driving Directions: From the US-101 North: Exit at Highland Avenue and head north, Turn right onto Santa Monica Boulevard, Turn left on N June Street, Destination will be on your right just north of Santa Monica.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Architectural Style: Modern
- Windows: Double-Pane Windows
- Entry Location: Ground Level
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 6,105
- Year Built: 2024
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.1176
- Lot Size Source: Public Records
- Zoning: LARD1.5
- Lot Description: Landscaped
Financial Considerations
- Price Per Sq. Ft.: $540.54
- Price Per Unit: 862500
Listed and Sold by Myunits.com Inc., Lauren Cearley and Myunits.com Inc., Cheyenne Womack
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Schools
Schools serving 1227 N June St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Vine Street Elementary School 955 Vine Street, Los Angeles, CA 90038 | 4-6 | 0.5 mi |
Hubert Howe Bancroft Middle School 929 North Las Palmas Avenue, Los Angeles, CA 90038 | 6-8 | 0.4 mi |
Hollywood Senior High School 1521 Highland Avenue, Los Angeles, CA 90028 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1227 N June St
Date
Details
Price
Change
Source
9/25/2025
Sold
$3,300,000
-4.35%
MLS
8/19/2025
Listed
$3,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1227 N June Street, Los Angeles, CA 90038 (MLS# BB25179565) is a Multi-Family property that was sold at $3,300,000 on September 25, 2025. Want to learn more about 1227 N June Street? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

