1227 N June St - Multi-Family FOR SALE


West Hollywood, CA 90038
$3,450,000 USD
818-859-7242
1227 N June St, West Hollywood, CA for Sale
$3,450,000 USD
Multi-Family - FOR SALE
1/33
null | 5.49% Cap Rate

1227 N June St
West Hollywood, CA 90038


HIGHLIGHTS

  • FULLY LEASED!
  • NO RENT CONTROL!
  • Outstanding real cap rate of 5.49%!
  • One of the best priced luxury new construction fourplexes in the Hollywood area!
  • 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.

OVERVIEW

The 2-4 Unit Specialists are excited to present 1227 N June St, 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.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$565 USD /SF

# OF UNITS

4

PRICE/UNIT

$862,500

CAP RATE

5.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Leased, Luxury Fourplex in Hollywood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,122 SF

ZONING

LARD1.5

APN/PARCEL ID

5532-002-007

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.