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1227 N June St is 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.
Property Type(s):
Residential Income
| Last Updated | 8/19/2025 | Year Built | 2024 |
|---|---|---|---|
| Community | C20 - Hollywood | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator, Washer |
| AREA | C20 - Hollywood |
| EXTERIOR | Lighting |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Open Floorplan, Recessed Lighting |
| LOT | 5123 sq ft |
| LOT DESCRIPTION | Landscaped |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Modern |
| TAXES | 41386 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Neighborhood |
| WATER | Public |
Location
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