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1227 N June St, Los Angeles, CA 90038
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1227 N June St Los Angeles, CA 90038

$3,650,000 Sold Price as of 03/26/2024
  • 14 Beds
  • 18 Baths
  • 7,031 Sq.Ft.
Sold
$3,650,000 Sold Price as of 03/26/2024 Refinance Your Mortgage
Map preview of 1227 N June St, Los Angeles, CA 90038

Property Overview: 1227 N June St Los Angeles, CA has 14 bedrooms, 18 bathrooms, 7,031 living square feet and 5,122 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: New construction brownstone style fourplex in Hollywood steps from Sunset! Built by premier contractor TrueBuilt Construction, a full-service specialist of residential new construction in Los Angeles. This luxury complex comprises two duplexes, totaling four new construction townhomes, each with private laundry rooms and private parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property is completed with drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property. Contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.

Listed by Martin Fish | BRE #01988997 | Citivest Realty Services, Inc
Co-listed by Seth Hamilton | BRE #01897619 | Citivest Realty Services, Inc
Last checked: 10 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
5,122
HOA Dues
$0/mo
Year built
2023
Garage
2 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW23221305
City
Los Angeles
County
Los Angeles
Time on Site
159 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,350
  • Total Rent: $6,350
  • Pro Forma/Market Rent: $6,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,300
  • Total Rent: $6,300
  • Pro Forma/Market Rent: $6,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,400
  • Total Rent: $6,400
  • Pro Forma/Market Rent: $6,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,350
  • Total Rent: $4,350
  • Pro Forma/Market Rent: $4,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.83%
  • Gross Rent Multiplier: 13.2
  • Gross Scheduled Income: $280,800
  • Net Operating Income: $215,760
  • Gross Operating Income: $272,376
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $56,615
  • Electric: $1,608
  • New Taxes: $43,124
  • Trash: $0
  • Insurance: $2,633
  • Maintenance: $2,400
  • Professional Management: $6,850
  • Water/Sewer: $0

Property Details for 1227 N June St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, ENERGY STAR Qualified Equipment, High Efficiency
Heating Information
  • Has Heating
  • Central, ENERGY STAR Qualified Equipment, High Efficiency
Laundry Information
  • Has Laundry
  • Dryer Included, In Closet, Inside, Stackable, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Oven, Gas Range, Gas Cooktop, High Efficiency Water Heater, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
Interior Features
  • Balcony, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Balcony, Pantry, Quartz Counters, Recessed Lighting, Storage, Two Story Ceilings
  • Levels: One, Three Or More
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Security Features: Automatic Gate, Card/Code Access, Fire Sprinkler System, Security Lights, Smoke Detector(s)
  • Door Features: ENERGY STAR Qualified Doors
Exterior Features
Exterior Information
  • Roof: Shake
  • Lighting
  • Has Fence
  • Electric, New Condition, Security, Wood, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Carport, Driveway, Paved, Garage, Gated
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Level with Street, Level, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5532002007
  • Year Built Source: Builder
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None, Parking
  • Property Condition: Under Construction
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East of Highland, North of Santa Monica
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1227 N June St

Last sold for $3,650,000 on March 26th, 2024

  • March, 2024

  • Mar 26, 2024

    Date

    Sold

    CRMLS: PW23221305

    $3,650,000

    Price

  • Dec 5, 2023

    Date

    Active

    CRMLS: PW23221305

    $3,700,000

    Price

  • August, 2021

  • Aug 10, 2021

    Date

    Pending

    CRMLS: SR21107896

    $1,200,000

    Price

  • Jun 14, 2021

    Date

    Active

    CRMLS: SR21107896

    $1,200,000

    Price

  • Jun 8, 2021

    Date

    Active Under Contract

    CRMLS: SR21107896

    $1,200,000

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: SR21107896

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent Hollywood location home ½ mile from Hollywood Blvd with a separate 700+ SF guest house! NOT UNDER RENT CONTROL. Recently used for AIRBNB with high potential for large groups of 12-14 people. Good candidate for long term rentals. Features include plenty of natural light, inviting family room with gleaming hardwood floors and romantic fireplace boasts plenty of room to entertain. Large eat in kitchen, separate laundry nook. Extra-long five car driveway. Recent upgrades include copper plumbing, new electrical/panel, double pane windows and bolted foundation. Back and front yard with six mature fruit trees, low maintenance artificial grass in the front and back yards, porch offers the perfect place to relax with a glass of wine or have friends over for a BBQ. Separate 750 SF garage conversion includes a complete kitchen with breakfast nook and full bathroom, ideal for your home office and visiting in-laws or friends. Also, an additional 100 sq ft separate room with exterior door for an artist studio, storage, workshop, you choose!

  • August, 2019

  • Aug 10, 2019

    Date

    Expired

    CRMLS: 18374926

    $1,175,000

    Price

  • Jul 4, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,175,000

    Price

  • Jun 2, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,248,000

    Price

  • May 16, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,297,000

    Price

  • May 7, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,298,000

    Price

  • Apr 26, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,349,000

    Price

  • Mar 20, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,399,000

    Price

  • Feb 20, 2019

    Date

    Price Change

    CRMLS: 18374926

    $1,449,500

    Price

  • Feb 10, 2019

    Date

    Expired

    CRMLS: 18374926

    $1,449,000

    Price

  • Oct 18, 2018

    Date

    Price Change

    CRMLS: 18374926

    $1,449,000

    Price

  • Sep 20, 2018

    Date

    Price Change

    CRMLS: 18374926

    $1,499,000

    Price

  • Aug 11, 2018

    Date

    Active

    CRMLS: 18374926

    $1,549,000

    Price

  • Listing provided courtesy of CRMLS

    Nevermind days on the market! Tenants recently relocated so now this rare privilege is vacant! Request details on existing ADU opportunity. Inviting family room with gleaming hardwood floors and romantic fireplace boasts plenty of room to entertain. Large eat in kitchen, separate laundry room, and extra long five car driveway. Recently updated with copper plumbing, new electrical/panel, double pane windows, and bolted down foundation. Back yard with six mature fruit trees, low maintenance artificial grass, and porch offers the perfect place to relax with a glass of wine or have friends over for a BBQ. Separate 750 sqft garage conversion includes a complete kitchen with breakfast nook and full bathroom, ideal for your home office and visiting in-laws or friends. All this and an additional 100sqft separate space for an artist studio, storage, workshop, you choose!

  • September, 1998

  • Sep 24, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1990

  • Aug 3, 1990

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1227 N June St

Assessed Value (2020): $346,323
Year Land Value Improved Value Assessed Value
2020 $329,844 $16,479 $346,323

Home Value Compared to the Market

This property vs the competition

1227 N June St sold on March 26, 2024 for 210.92% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $526.24 per/sqft which puts the price per square foot 30.3% lower than the current median sale per square foot for the city of Los Angeles.

About 1227 N June St

Detailed summary of property

1227 N June St is a fourplex that recently sold in Los Angeles, CA 90038. This fourplex offered 14 bedrooms, 18 bathrooms, roughly 7,031 living square feet, and sits on an approximately 5,122 square foot lot. 1227 N June St was first listed on ArdentRealEstateGroup.com on December 5, 2023. The homeowner sold the property for $3,650,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 210.92% higher than the current median priced home. Local homes that are currently for sale include 204 N Manhattan Pl, 1214 N Kingsley Dr and 1405 N Normandie Ave. While the average home in Los Angeles, CA is selling in 93 days, 1227 N June St has a days on market of 23 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1227 N June St Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1227 N June St

Public county record property details
Beds
2
Baths
1
Year built
1915
Sq. Ft.
1,153
Lot Size
5,119
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5532-002-007

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
41
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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