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1223 June N St, Hollywood

Luxury Hollywood 2024 Fourplex

50% LEASED NOW! Sleek, easy-to-manage new construction fourplex in the heart of Hollywood, minutes from Hollywood Blvd, Sunset Strip, West Hollywood hot spots, & more. With a proven track record of securing massive rents for nearby new construction units, this property is in a prime location. Features include private rooftop decks, massive windows, sleek cabinetry, & high ceilings that provide an upscale living experience. Offering a 5.39% cap rate + a pride of ownership location!

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Other Features:

$3,695,000

Fourplex

For Sale

4

2024

5.39%

14.13

$261,480/Year (Pro Forma)

6,329 sqft

5,122 sqft

$583.82

$923,750

1 x 4b/4.5b, 1 x 4b/4b, 1 x 3b/3.5b, 1 x 3b/2b

No

5 Garage Spots, 1 Exterior Space+2 Bonus Spots

A+ Hollywood Location, Rooftop Decks

The Highlights

  • A+++ Hollywood location. Super rare!

  • Excellent 5.39% cap rate! 50% Leased now! 

  • Rooftop decks, sleek cabinetry, huge windows, and premium finishes!

  • All units separately metered for gas, electric AND water!

  • DREAM owner occupier opportunity! Enjoy a luxury home while tenants pay the mortgage!

  • Located minutes from West Hollywood luxury shops & restaurants! 

  • Can be delivered leased!

  • Massive rooftop decks and large private deck!

  • Ideal unit mix made up of all four and three bedroom units. 

  • Located minutes from the hottest attractions in LA!

The Neighborhood

<15-Minute Walk

In-N-Out, Starbucks, Juice Bar, Hart House,Tennessee Hot Chicken THC,WeHo Thai Noodle & Rice,Adults Only, WaBa Grill, Egg Tuck, IHOP, Black Canvas Coffee, Ralphs, F45 Training, Chick-fil-A, L’Antica Pizzeria

<15-Minute Drive

Equinox Hollywood, KA'TEEN, Trader Joe's, Musso & Frank Grill, The Los Angeles Film School, Musicians Institute Hollywood, Chipotle, Salt's Cure, Starbucks, Runyon Canyon Trail, Target, Hollywood Farmers Market

<$15 Uber Ride

Equinox Hollywood, KA'TEEN, Trader Joe's, Musso & Frank Grill, The Los Angeles Film School, Musicians Institute Hollywood, Chipotle, Salt's Cure, Starbucks, Runyon Canyon Trail, Target, Hollywood Farmers Market

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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