NOT LISTED FOR SALE

Estimated Value: $1,246,000 - $3,834,000

1 Bed
1 Bath
766 Sq Ft
$2,633/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $1,225,000 $1,599 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $11,989/month

101 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • Den
  • Property is near a park
  • No HOA
  • 1-minute walk to De Longpre Park

About This Home

As of November 2023

SOLD WITH RTI PLANS!!! We are excited to present the opportunity to purchase 1323 N June St, a 766 SF 1-bedroom, 1-bathroom single family home with a detached studio-style guest house and a spacious backyard nestled on a charming residential street in the heart of Hollywood. The sale of this property comes complete with ready-to-issue (RTI) plans to renovate and convert the existing house from a 1-bedroom, 1-bathroom to a 4-bedroom, 3-bathroom with 622 added square feet (the detached guest house would be demolished). Furthermore, another set of RTI plans that comes with the sale calls for the erection of an infill development behind the main house composed of three units: two 1,684 SF 4-bedroom, 3-bathroom townhomes and one 1,479 SF 3-bedroom, 2-bathroom ADU. This strategic investment offers significant growth potential in a flourishing community with enormous upside. The surrounding neighborhood is a vibrant blend of cultural diversity, offering a dynamic mix of residential and commercial properties primarily in the entertainment industry such as Paramount Pictures, Viacom, and the growing Netflix campus. It boasts strong connectivity with excellent public transportation links and proximity to key amenities like schools, hospitals, parks, and the bustling retail district just north of the site spanning the Hollywood Walk of Fame. ***There is an opportunity to purchase 2 more adjacent lots at 1325 and 1331 N June St as a package from the same owner. All 3 lots are on the market. OM available by request for 3-lot assemblage.***

Last Agent to Sell the Property

Yohann Bensimon

Keller Williams Hollywood Hills License #01966630 Listed on: 06/23/2023

Keller Williams Hollywood Hills

Last Buyer's Agent

Oliver Thornton

Hollywood Estates License #01969227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,910

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 6,634 Sq Ft Lot
  • Lot Dimensions are 44x166
  • East Facing Home
  • Fenced Yard
  • Back and Front Yard
  • Value in Land
  • Property is zoned LARD1.5

Home Design

  • Bungalow
  • Cosmetic Repairs Needed

Interior Spaces

  • 766 Sq Ft Home
  • 1-Story Property
  • Den

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Location

  • Property is near a park
  • Property is near public transit
  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Floor Furnace

Additional Features

  • Shed
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5547-030-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,910

Year Built

Built in 1921 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 766
  • Lot Acreage: 0.1523
  • Lot Dimensions: 44x166
  • Property Condition: Updated/Remodeled, Repair Cosmetic, Value Mainly In Land
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Wood, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 1
  • Equipment: Refrigerator, Range/Oven, Microwave
  • Price Per S Q F T: 1762.40

Exterior Features

  • Direction Faces: East
  • Other Structures: GuestHouse, Shed(s)
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Carport
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Floor, Floor Furnace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5547-030-014
  • Lot Description: Back Yard, Fenced Yard, Front Yard, 2-4 Lots
  • Lot Location: Park Nearby, City, Near Public Transit
  • Lot Size Area: 6634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Oct 10, 2023
Sold by
Hollywood North Lp
Bought by
Thornton Holdings Llc
Seller's Agent
Yohann Bensimon
Keller Williams Hollywood Hills
Buyer's Agent
Oliver Thornton
Hollywood Estates
List Price
$1,498,000
Sold Price
$1,225,000
Premium/Discount to List
-$273,000
-18.22%
Views
689
Current Estimated Value
$2,016,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791,898
Avg. Annual Appreciation
28.88%
Original Mortgage
$2,157,865
Interest Rate
7.31%
Mortgage Type
Construction

Purchase Details

Closed on
May 11, 2015
Sold by
Knecht Ava Cadell
Bought by
Knecht Ava Cadell and Knecht Living Trust

Purchase Details

Closed on
Jun 19, 2008
Sold by
Knecht Peter L
Bought by
Knecht Peter L and Knecht Ava Cadell

Purchase Details

Closed on
Feb 22, 2002
Sold by
Knecht Peter
Bought by
Knecht Peter L

Purchase Details

Closed on
Dec 23, 1996
Sold by
Knecht Elizabeth
Bought by
Knecht Elizabeth Kafka and Elizabeth Kafka Knecht Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thornton Holdings Llc $1,225,000 Chicago Title
Knecht Ava Cadell -- None Available
Knecht Peter L -- None Available
Knecht Peter L -- --
Knecht Elizabeth Kafka -- --
Knecht Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Holdings Llc $2,590,000
Closed Thornton Holdings Llc $1,500,000
Closed Thornton Holdings Llc $2,157,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $1,225,000 -9.3% $1,599 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $1,350,000 -3.2% $1,762 / Sq Ft
08/15/2023 08/15/23 Price Changed $1,395,000 -6.9% $1,821 / Sq Ft
06/23/2023 06/23/23 For Sale $1,498,000 0.0% $1,956 / Sq Ft
11/06/2022 11/06/22 Rented $5,000 0.0% --
10/26/2022 10/26/22 Price Changed $5,000 -16.6% $5 / Sq Ft
10/18/2022 10/18/22 Price Changed $5,995 -14.3% $6 / Sq Ft
10/04/2022 10/04/22 For Rent $6,995 +204.1% --
03/07/2014 03/07/14 Rented $2,300 -4.2% --
02/27/2014 02/27/14 Under Contract -- -- --
02/03/2014 02/03/14 For Rent $2,400 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $14,910 $1,249,500 $999,600 $249,900
2024 $14,910 $1,225,000 $980,000 $245,000
2023 $12,451 $1,020,000 $816,000 $204,000
2022 $1,014 $68,324 $56,569 $11,755
2021 $996 $66,985 $55,460 $11,525
2019 $971 $65,000 $53,816 $11,184
2018 $942 $63,726 $52,761 $10,965
2016 $898 $61,253 $50,713 $10,540
2015 $888 $60,334 $49,952 $10,382
2014 -- $59,153 $48,974 $10,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-282743

The MLS

APN: 5547-030-014