1325 N June St Los Angeles, CA 90028

$--

6 Beds
3 Baths
3,088 Sq.Ft.

Off Market

Map preview of 1325 N June St, Los Angeles, CA 90028

Property Overview: 1325 N June St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 3,088 living square feet and 6,645 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1325 N June St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1325 N June St

Last sold on May 26th, 2015

January, 2024
Jan 22, 2024

Date

Canceled

CRMLS: 23301193

$3,895,000

Price
Aug 15, 2023

Date

Active

CRMLS: 23301193

$4,040,000

Price
Listing provided courtesy of CRMLS

We are excited to present an exceptional ready-to-issue (RTI) three-lot assemblage at 1323, 1325, and 1331 N June St. The lots host a single-family dwelling (SFD) with a spacious backyard, a triplex composed of bungalow units, and a duplex with a large concrete-paved area in the back. This strategic investment offers significant growth potential in a flourishing community with enormous upside. Plans call for the addition of 6 units, 22 bedrooms, and 16 bathrooms. The SFD will be renovated and converted from a 1-bedroom, 1-bathroom to a 4-bedroom, 3-bathroom with 622 added square feet. Furthermore, an infill development will be erected behind it composed of three units: two 1,684 SF 4-bedroom, 3-bathroom townhomes and one 1,479 SF 3-bedroom, 2-bathroom ADU. While there are **no plans currently in place for the triplex lot,** the large bungalows present great potential upside. Bedrooms and bathrooms can potentially be added to the existing units with added square footage (Buyer to conduct their own feasibility studies). The existing duplex will be renovated and one of the units will be converted from a 921.5 SF 1-bedroom, 1-bathroom unit to a 2-bedroom, 2-bathroom unit. Additionally, an infill development will be erected behind it composed of three units: two approximately 1,550 SF 4-bedroom, 3-bathroom townhomes and one 1,286 SF 3-bedroom, 2-bathroom ADU. There are **no plans currently in place to convert the 2nd duplex unit** as it is tenant occupied. 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. The area sees strong demand for real estate, fueled by ongoing urban revitalization and high economic growth guaranteeing increasing rental income and property value for years to come. This development site, complete with RTI plans, is primed for lucrative returns in this burgeoning neighborhood.

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January, 2024
Jan 16, 2024

Date

Canceled

CRMLS: 23282753

$1,250,000

Price
Jun 21, 2023

Date

Active

CRMLS: 23282753

$4,495,000

Price
Listing provided courtesy of CRMLS

1325-1329 N June St is a triplex composed of three standalone bungalow units, all of which are fully leased and tenant-occupied. While there are no plans currently in place for the this lot, the large bungalows present great potential upside. Bedrooms and bathrooms can potentially be added to the existing units with added square footage (Buyer to conduct their own feasibility studies). 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. The area sees strong demand for real estate, fueled by ongoing urban revitalization and high economic growth guaranteeing increasing rental income and property value for years to come. **There is an opportunity to purchase the 2 adjacent lots on either side of this lot. All three are on the market and owned by the same seller: 1323 N June St (SFR w/ RTI value-add plans) and 1331 N June St (Duplex w/ RTI value-add plans).**

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June, 2023
Jun 20, 2023

Date

Canceled

CRMLS: 23273333

$4,995,000

Price
May 23, 2023

Date

Active

CRMLS: 23273333

$4,995,000

Price
Listing provided courtesy of CRMLS

We are excited to present an exceptional ready-to-issue (RTI) three-lot assemblage at 1323, 1325, and 1331 N June St. The lots host a total of 6 units, 8 bedrooms and 7 bathrooms across a single-family dwelling (SFD) with a spacious backyard, a triplex composed of bungalow units, and a duplex with a large concrete-paved area in the back. This strategic investment offers significant growth potential in a flourishing community with enormous upside. Plans call for the addition of 6 units, 29 bedrooms, and 21 bathrooms for a total of 12 units, 37 bedrooms, and 28 bathrooms. The SFD will be renovated and converted from a 1-bedroom, 1-bathroom to a 4-bedroom, 3-bathroom with 622 added square feet. Furthermore, an infill development will be erected behind it composed of three units: two 1,684 SF 4-bedroom, 3-bathroom townhomes and one 1,479 SF 3-bedroom, 2-bathroom ADU. The triplex bungalows will be renovated and the two 2-bedroom units will also be converted. The 2-bedroom, 1.5-bathroom will become a 1,615 SF 4-bedroom, 3-bathroom. The 2-bedroom, 1-bathroom will become a 1,339 SF 3-bedroom, 2-bathroom.The duplex will be renovated and converted from two 921.5 SF 1-bedroom, 1-bathroom units to two 2-bedroom, 2-bathroom units. Additionally, an infill development will be erected behind it composed of three units: two approximately 1,550 SF 4-bedroom, 3-bathroom townhomes and one 1,286 SF 3-bedroom, 2-bathroom ADU. 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. The area sees strong demand for real estate, fueled by ongoing urban revitalization and high economic growth guaranteeing increasing rental income and property value for years to come. This development site, complete with RTI plans, is primed for lucrative returns in this burgeoning neighborhood.

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May, 2015
May 26, 2015

Date

Sold (Public Records)

Public Records

--

Price
January, 1997
Jan 29, 1997

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1325 N June St

Assessed Value (2020): $83,651

Year	Land Value	Improved Value	Assessed Value
2020	$51,532	$32,119	$83,651

About 1325 N June St

Detailed summary of property

1325 N June St is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90028 and is currently off market. This property has 6 bedrooms, 3 bathrooms, roughly 3,088 living square feet, and sits on an approximately 6,645 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 1424 N Jonah Ln, 848 N Las Palmas Ave and 1331 N Sycamore Ave #3. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1325 N June St Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1325 N June St

Public county record property details

Beds: 6
Baths: 3
Year built: 1925
Sq. Ft.: 3,088
Lot Size: 6,645
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 25
APN: 5547-030-015

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,099,000

Median List Price/Sq.Ft.

$695

Median Sold Price

$1,015,000

Median Sold Price/Sq.Ft.

$728

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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