1223 June N St, Hollywood
75% Leased Luxury Hollywood 2024 Fourplex
75% LEASED NOW! Perfect for an owner user! Easy-to-manage new construction fourplex in the heart of Hollywood, minutes from the 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 5.11% 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:
Rent Control:
$3,695,000
Fourplex
For Sale
4
2024
5.11%
14.74
$250,740/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+1 Bonus Spots
No
Other Features:
A+ Hollywood Location, Rooftop Decks
The Highlights
A+++ Hollywood location. Super rare!
Excellent 5.11% cap rate! 75% 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
The Bourbon Room, Hollywood Pantages Theatre, Hollywood Bowl, TCL Chinese Theatre, The Fonda Theatre, Pantages Theatre, Hollywood Forever Cemetery, Mirate, The Greek Theatre
Contact
Lauren Cearley
213.302.8662
Property Presented By:
