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Sold for $3,300,000
  • $3,300,000

    1227 N June St, Los Angeles, CA 90038

    14beds
    18baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,305,400 Zestimate®
    $--/sqft
    $3,658 Estimated rent

    Home value

    $3,305,400

    $3.01M - $3.64M

    $3,658/mo

    Zestimate® history
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    What's special

    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. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lauren Cearley DRE #02146823 Office:913-492-6900,

    San Diego,

    Cheyenne Womack DRE #02064825 805-973-7470,

    Myunits.com Inc.

    Bought with:

    ICE Default Agent, DRE #02064825

    Myunits.com Inc.

    Lauren Cearley, DRE #02146823

    Source: SDMLS,MLS#: BB25179565MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 18
    Cooling
    • Central Forced Air
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: 3 Story
    • Pool features: N/K
    • Spa features: N/K
    Lot
    • Size: 5,122 Square Feet
    Details
    • Parcel number: 5532002007
    • Zoning: Builder
    • Zoning description: Builder

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Tax assessed value: $3,723,000
    • Annual tax amount: $44,523
    • Date on market: 8/20/2025

    Price history

    DateEventPrice
    9/25/2025Sold$3,300,000-4.3%
    Source: SDMLS #BB25179565 Report a problem
    9/19/2025Pending sale$3,450,000
    Source: CRMLS #BB25179565 Report a problem
    9/3/2025Contingent$3,450,000
    Source: CRMLS #BB25179565 Report a problem
    8/19/2025Listed for sale$3,450,000-5.5%
    Source: CRMLS #BB25179565 Report a problem
    8/5/2025Listing removed$5,169
    Source: Zillow Rentals Report a problem
    7/11/2025Price change$5,169-5%
    Source: Zillow Rentals Report a problem
    6/26/2025Listed for rent$5,442
    Source: Zillow Rentals Report a problem
    5/11/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2024Listed for rent$5,442-0.2%
    Source: Zillow Rentals Report a problem
    5/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/12/2024Price change$5,454-8.5%
    Source: Zillow Rentals Report a problem
    4/5/2024Price change$5,959-8.3%
    Source: Zillow Rentals Report a problem
    3/31/2024Listed for rent$6,500
    Source: Zillow Rentals Report a problem
    3/26/2024Sold$3,650,000-1.4%
    Source: CRMLS #PW23221305 Report a problem
    3/4/2024Pending sale$3,700,000
    Source: CRMLS #PW23221305 Report a problem
    1/8/2024Contingent$3,700,000
    Source: CRMLS #PW23221305 Report a problem
    12/5/2023Listed for sale$3,700,000+210.9%
    Source: CRMLS #PW23221305 Report a problem
    9/22/2021Sold$1,190,000+1.3%
    Source: Public Record Report a problem
    7/4/2019Price change$1,175,000-5.8%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    6/2/2019Price change$1,248,000-3.8%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    5/16/2019Price change$1,297,000-0.1%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    5/7/2019Price change$1,298,000-3.8%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    4/26/2019Price change$1,349,000-3.6%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    3/20/2019Price change$1,399,000-3.5%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    2/20/2019Price change$1,449,500+0%
    Source: Purplebricks Realty Inc. #18-374926 Report a problem
    10/18/2018Price change$1,449,000-3.3%
    Source: Purplebricks Realty Inc. #18374926 Report a problem
    9/19/2018Price change$1,499,000-3.2%
    Source: Purplebricks Realty Inc. #18374926 Report a problem
    8/11/2018Listed for sale$1,549,000
    Source: Purplebricks Realty Inc. #18374926 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,523 -0.9%$3,723,000
    2024$44,925 +203.1%$3,723,000 +206.7%
    2023$14,822 +4.9%$1,213,800 +2%
    2022$14,133 +223.9%$1,190,000 +240.1%
    2021$4,364 -1%$349,910 +1%
    2020$4,406 $346,323 +2%
    2019$4,406 +5.8%$339,533 +2%
    2018$4,164 $332,877 +2%
    2017$4,164 +2.2%$326,351 +2%
    2016$4,076 +2.5%$319,953 +1.5%
    2015$3,979 +0.9%$315,148 +2%
    2014$3,944 $308,976 +2.5%
    2012-- $301,551 +2%
    2011-- $295,639 +0.8%
    2010-- $293,430 -0.2%
    2009-- $294,128 +2%
    2008-- $288,362 +2%
    2007-- $282,708 +2%
    2006-- $277,166
    2005-- $277,166 +4%
    2004-- $266,406 +1.9%
    2003-- $261,524 +2%
    2002-- $256,397 +41.7%
    2000-- $181,000
    Find assessor info on the county website

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,305,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,305,400