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823 N June St Los Angeles, CA 90038

$1,590,000 Sold Price as of 07/05/2019

6 Beds
4 Baths
2,734 Sq.Ft.

Sold

$1,590,000 Sold Price as of 07/05/2019 Refinance Your Mortgage

Map preview of 823 N June St, Los Angeles, CA 90038

Property Overview: 823 N June St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,734 living square feet and 6,356 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in prime Hollywood and just a stone's throw from Hancock Park, this property offers incredible opportunity for both a homeowner to live in while collecting rent from the other units or an investor. In addition to 4 large units, the property features a detached 2 car garage and laundry room, as well as a beautiful outdoor patio are and yard. There have been several luxury developments on the block and there are more in progress.

Listed by Shaya Lowenstein | BRE #01942326 | Keller Williams Larchmont

Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft: 6,356
HOA Dues: $0/mo
Year built: 1955
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19473352
City: Los Angeles
County: Los Angeles
Time on Site: 1224 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,800

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,500
Total Rent: $1,500
Pro Forma/Market Rent: $2,100

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,368
Total Rent: $1,368
Pro Forma/Market Rent: $2,400

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,100
Total Rent: $2,100
Pro Forma/Market Rent: $2,100

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 19.5
Gross Scheduled Income: --
Net Operating Income: $53,016
Gross Operating Income: $81,216
Improvements Total: $200,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 823 N June St

Interior Features

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage - Two Door

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 4
Parcel Number: 5524007008

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Part of Association
Association Amenities: Other

Location / Neighborhood

Location Information

Directions: East of Highland, North of Melrose

View more facts & features

Local Los Angeles Agent

Sale History for 823 N June St

Last sold for $1,590,000 on July 5th, 2019

July, 2019
Jul 9, 2019

Date

Sold

CRMLS: 19473352

$1,590,000

Price
Jun 18, 2019

Date

Pending

CRMLS: 19473352

$1,590,000

Price
Jun 11, 2019

Date

Active Under Contract

CRMLS: 19473352

$1,590,000

Price
Jun 3, 2019

Date

Active

CRMLS: 19473352

$1,590,000

Price
July, 2019
Jul 5, 2019

Date

Sold (Public Records)

Public Records

$1,590,000

Price
March, 2019
Mar 10, 2019

Date

Canceled

CRMLS: 18403234

$1,679,000

Price
Nov 1, 2018

Date

Active

CRMLS: 18403234

$1,679,000

Price
Listing provided courtesy of CRMLS

LOW RENTS, GREAT UPSIDE POTENTIAL. NO PROFESSIONAL PROPERTY MANAGEMENT ONSITE. SHOWING BY APPOINTMENT ONLY. 48 HOUR NOTICE TO TENANTS. VERIFICATION OF PRE-APPROVAL IS NEEDED OR PROOF OF FUNDS.

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July, 2018
Jul 25, 2018

Date

Canceled

CRMLS: DW18113705

$1,799,999

Price
May 15, 2018

Date

Active

CRMLS: DW18113705

$1,799,999

Price
Listing provided courtesy of CRMLS

Great Property in a Prime Hollywood Area , Excellent Fourplex close to the Paramount Pictures and Raleigh Studies. Property to be sold as is Present Physical Condition. Each Unit has their own gas and electrical meters. Laundry room in garage area. DRIVE BY ONLY.

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May, 2018
May 8, 2018

Date

Canceled

CRMLS: DW18064607

$2,099,999

Price
Mar 21, 2018

Date

Active

CRMLS: DW18064607

$2,099,999

Price
Listing provided courtesy of CRMLS

Excellent Fourplex in a Prime Hollywood Area, close to the Paramount Pictures and Raleigh Studies. Each Unit individually has their own gas and electrical meters. Property to be sold as is present physical condition . Laundry room in garage area. Drive By Only.

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February, 2018
Feb 13, 2018

Date

Expired

CRMLS: 17201738

$1,999,000

Price
Aug 30, 2017

Date

Withdrawn

CRMLS: 17201738

$1,999,000

Price
Feb 13, 2017

Date

Active

CRMLS: 17201738

$1,999,000

Price
Listing provided courtesy of CRMLS

Great 4 unit building. Heart of Hancock Park vicinity. Unusual Opportunity for developers and investors to turn this into a "Golden Goose" with substantial income and desirable change of the facade. The studio unit that sits on the second floor has 2 separate rooms and a sitting room and is being used as 2 bed +1 bath. The property runs from the front to the back stretched out systematically. The studio unit is on the second Floor. Property has a Detached enclosed 2 car garage. Separate Laundry room with a good size yard that sits at the rear of The property which is great for lounging. It includes a long lovely cemented driveway which accommodates more parking space. Well maintained property with tremendous potential. Your Buyers will love this income property! Bring your offers.

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January, 2017
Jan 19, 2017

Date

Expired

CRMLS: 16974415

$1,499,000

Price
Dec 12, 2016

Date

Withdrawn

CRMLS: 16974415

$1,499,000

Price
Dec 12, 2016

Date

Active

CRMLS: 16974415

$1,499,000

Price
Dec 3, 2016

Date

Hold

CRMLS: 16974415

$1,499,000

Price
Aug 25, 2016

Date

Price Change

CRMLS: 16974415

$1,499,000

Price
Mar 22, 2016

Date

Price Change

CRMLS: 16974415

$1,399,000

Price
Feb 25, 2016

Date

Price Change

CRMLS: 16974415

$1,449,000

Price
Feb 7, 2016

Date

Price Change

CRMLS: 16974415

$1,479,000

Price
Jan 22, 2016

Date

Price Change

CRMLS: 16974415

$1,499,000

Price
Listing provided courtesy of CRMLS

Located in Hancock Park on an excellent desirable street. Great investment opportunity! This fouplex includes two 2 bed/1 bath units and two 1bed/1bath. Plenty of parking spaces in the back and a long driveway for convenience!

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October, 2006
Oct 6, 2006

Date

Sold (Public Records)

Public Records

$1,100,500

Price

Tax History for 823 N June St

Assessed Value (2020): $1,590,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,190,000	$400,000	$1,590,000

Home Value Compared to the Market

This property vs the competition

823 N June St sold on July 5, 2019 for 33.61% 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 $581.57 per/sqft which puts the price per square foot 22.97% lower than the current median sale per square foot for the city of Los Angeles.

About 823 N June St

Detailed summary of property

823 N June St is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,734 living square feet, and sits on an approximately 6,356 square foot lot. 823 N June St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,590,000. 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 33.61% higher than the current median priced home. Local homes that are currently for sale include 5851 La Mirada Ave, 716 N Van Ness Ave and 1120 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 93 days, 823 N June St has a days on market of 5 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 823 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 823 N June St

Public county record property details

Beds: 6
Baths: 4
Year built: 1955
Sq. Ft.: 2,734
Lot Size: 6,355
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 54
APN: 5524-007-008

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.

$696

Median Sold Price

$715,000

Median Sold Price/Sq.Ft.

$659

Total Inventory

Median Sale to List Price %

79.44%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 823 N June St

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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.