1223 N June St Los Angeles, CA 90038
Hollywood Neighborhood
14
Beds
15
Baths
6,329
Sq Ft
5,122
Sq Ft Lot
Highlights
- New Construction
- Modern Architecture
- No HOA
- City Lights View
- High Ceiling
- 3-minute walk to De Longpre Park
About This Home
As of March 20251223 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.
Last Agent to Sell the Property
Myunits.com Inc. Brokerage Phone: 818-850-8485 License #01921425 Listed on: 07/29/2024
Last Buyer's Agent
Myunits.com Inc. Brokerage Phone: 818-850-8485 License #01921425 Listed on: 07/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $44,318
Year Built
- Built in 2024 | New Construction
Lot Details
- 5,122 Sq Ft Lot
- No Common Walls
- East Facing Home
- Landscaped
Parking
- 1 Car Garage
- 2 Open Parking Spaces
- 5 Attached Carport Spaces
- Parking Available
Property Views
- City Lights
- Neighborhood
Home Design
- Quadruplex
- Modern Architecture
- Turnkey
Interior Spaces
- 6,329 Sq Ft Home
- 3-Story Property
- High Ceiling
- Living Room
Kitchen
- Electric Oven
- Gas Range
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 14 Bedrooms
- Walk-In Closet
- 15 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Standard Electricity
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 36
- Tax Tract Number 2498
- Assessor Parcel Number 5532002006
- $6,401 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 3 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $600
- Gardener Expense $1,200
- Insurance Expense $3,797
- Maintenance Expense $2,000
- New Taxes Expense $44,318
- Operating Expense $51,915
- Gross Income $250,740
- Net Operating Income $188,795
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2024
Closed on
Mar 21, 2025
Sold by
Woodley Company Llc
Bought by
Best Coast Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$3,695,000
Sold Price
$3,600,000
Premium/Discount to List
-$95,000
-2.57%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$690,994
Avg. Annual Appreciation
-48.62%
Purchase Details
Closed on
Nov 23, 2021
Sold by
Deblanco Rene Joseph Blancas
Bought by
Creative Investment Group Inc
Purchase Details
Closed on
Jul 16, 2021
Sold by
Wetu Enterprises
Bought by
Las Palmas Avenue Owner Llc
Purchase Details
Closed on
Apr 30, 2019
Sold by
Blancas Deblanco Rene Joseph and De Blanco Rene
Bought by
Deblanco Rene Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2006
Sold by
Cunha Mario Cesar
Bought by
Deblanco Rene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 29, 2005
Sold by
Cunha Mario Cesar
Bought by
Cunha Mario Cesar and Wadama Clifford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
1.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2005
Sold by
Schwehr Charles Leo
Bought by
Cunha Mario Cesar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
1.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2002
Sold by
Schwehr Michael E
Bought by
Schwehr Charles Leo
Purchase Details
Closed on
Oct 1, 1997
Sold by
Schwehr Paul J
Bought by
Schwehr Paul J and Schwehr Margaret
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,600,000 | Provident Title Company | |
| Trustee Deed | $201,122 | Accommodation | |
| Grant Deed | $37,500,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $870,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $655,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,890,000 | Construction | |
| Previous Owner | $155,000 | Commercial | |
| Previous Owner | $54,000 | Negative Amortization | |
| Previous Owner | $174,000 | Credit Line Revolving | |
| Previous Owner | $696,000 | Purchase Money Mortgage | |
| Previous Owner | $524,000 | New Conventional | |
| Previous Owner | $65,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $3,600,000 | -2.6% | $569 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 07/29/2024 07/29/24 | For Sale | $3,695,000 | +221.3% | $584 / Sq Ft |
| 05/02/2022 05/02/22 | Sold | $1,150,000 | 0.0% | $998 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | Off Market | $1,150,000 | -- | -- |
| 03/11/2022 03/11/22 | For Sale | $1,050,000 | -- | $911 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $20,751 | $1,196,460 | $957,168 | $239,292 |
| 2023 | $20,470 | $1,173,000 | $938,400 | $234,600 |
| 2022 | $19,317 | $1,110,000 | $900,000 | $210,000 |
| 2021 | $19,194 | $1,098,375 | $837,295 | $261,080 |
| 2020 | $19,329 | $1,087,113 | $828,710 | $258,403 |
| 2019 | $12,689 | $1,065,798 | $812,461 | $253,337 |
| 2018 | $11,796 | $978,000 | $745,000 | $233,000 |
| 2016 | $9,615 | $799,800 | $609,300 | $190,500 |
| 2015 | $8,390 | $697,000 | $531,000 | $166,000 |
| 2014 | $7,101 | $575,000 | $438,300 | $136,700 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddox
Seller's Agent in 2025
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
5 in this area
120 Total Sales
-
Isaac Davidi
Seller Co-Listing Agent in 2025
Isaac Davidi
On Track Property
(310) 997-0311
8 in this area
49 Total Sales
-
Phil Boroda
P
Seller's Agent in 2022
Phil Boroda
Coldwell Banker Realty
(310) 968-3844
4 in this area
174 Total Sales
-
Michael gola
M
Seller Co-Listing Agent in 2022
Michael gola
Coldwell Banker Realty
(323) 762-2600
1 in this area
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24154210
APN: 5532-002-006
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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