$3,695,000

1223 N June St Los Angeles, CA 90038

0.1 acres
Multi-Family

Property details

About 1223 N June St

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.

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1176 Acres
Year builtNew Const., 2024
ParkingAttached Carport, Garage, Uncovered
MLS #BB24154210
Garage1 space
ViewCity Lights, Neighborhood

Summary

  • MLS Number: BB24154210
  • MLS Name: CRMLS
  • Office Name: Myunits.com Inc.
  • Office Phone: (818) 850-8485
  • Listing Agent: Elizabeth Maddox

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$3,695,000

1223 N June St

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Price information

Property sales

DateEventPrice
May 02, 2022
Home Sold
$1,150,000
Mar 07, 2006
Home Sold
$870,000
Aug 30, 2005
Home Sold
$655,000

Tax history

YearAssessmentProperty Tax
2024$1,196,460$20,750
2023$1,173,000$20,469
2022$1,110,000$19,317
2021$1,098,375$19,194
2020$1,087,113$12,688
2019$1,065,798$11,796
2018$978,000$10,568
2017$877,500$10,568

History based on county public records data.

Nearby schools

5

Vine Street Elementary

Public District KG-6

0.6 mi

955 Vine St

9

Melrose Avenue Elementary School

Public District KG-5

0.9 mi

731 N Detroit St

3

Hollywood Primary Center

Public District KG-3

0.9 mi

1115 Tamarind Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,846. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

23%
<35k
64%
35k-100k
13%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

73%
Single, No Kids
7%
Single, with Kids
11%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
48%
18-34 yrs old
37%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1223 N June St in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $3,695,000.

In February 2025 more than 212 listings in Los Angeles, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between January and February 2025. The median list price of listings available in February 2025 was $989,396, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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