1227 N June St,
Hollywood
Fully Stabilized, Luxury Fourplex in Prime Hollywood | 5.49% Cap
1227 N June St is a fully leased, non-rent-controlled new construction fourplex in prime Hollywood. Generating $20,480/month with a 5.49% cap rate, it offers immediate cash flow and low operating costs. The property features three 4-bed, 4.5-bath units and one 2-bed, 2.5-bath unit, all with luxury finishes, modern layouts, and builder warranty. Located near major studios and employers, it's a high-demand, turnkey investment with strong appreciation potential.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
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Bldg. SF:
Lot SF:
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Unit Mix:
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$3,300,000
Fourplex
Sold
4
2024
5.49%
14.04
$245,760/Year
6,105 sqft
5,122 sqft
$565.11
$862,500
3 x 4b/4.5b, 1 x 2b/2.5b
No
4 Exterior Spaces, 2 Garage Spaces
No
Other Features:
Private Washers/Dryers for Each Unit, No Rent Control, Fully Leased
The Highlights
FULLY LEASED!
NO RENT CONTROL!
Located in ultra trendy and highly sought after Hollywood propert- A major draw for A+ tenants!
Outstanding real cap rate of 5.49%!
One of the best priced luxury new construction fourplexes in the Hollywood area!
Residential, tree-lined street!
Boasts high-end, modern finishes and convenient in-unit laundry.
Ideal unit mix of three 4 bedrooms and one 2 bedroom! High income producing property!
All units separately metered. Tenants pay all utilities except for 1 electric house meter, making for minimal expenses.
Dream 1031 exchange opportunity. Low maintenance and high return.
Short drive to iconic LA hotspots like Gigi’s, Tartine, and Mozza, as well a major studio campuses including Paramount, Netflix, and Sunset Gower Studios - all surrounded by boutique fitness, cocktail bars, and new mixed-use developments transforming the area.
The Neighborhood
<15-Minute Walk
Rao’s, De Longpre Park, Chick-fil-A, Starbucks, Gold’s Gym, Luv2eat Thai Bistro, Superba Food + Bread Hollywood, Philz Coffee, Trejo's Coffee & Donuts, Fat Sal's Deli, Eat This Café, Yoga Box
<15-Minute Drive
Cafe Gratitude, Lemonade Restaurant, Ggiata Delicatessen, Osteria Mamma, Providence, The Bourbon Room, Plummer Park, Trader Joe’s, Pavillions, Hollywood Farmer’s Market, Equinox, Hollywood Bowl
<$15 Uber Ride
Larchmont Village, Hollywood Bowl, Runyon Canyon Park, Hollywood Pantages Theatre, The Fonda Theatre, Sunset Gower Studios, Paramount Picture Studios, Netflix Studios, Raleigh Studios
Contact
Lauren Cearley
213.302.8662
Property Presented By:
