807 N June Street,Los Angeles, CA 90038
Los Angeles, CA 90038
Description
We are pleased to present 807 N June St, a pride-of-ownership four-unit multifamily asset located in the heart of Hollywood's highly sought-after Media District.Built in 1925, the property has been professionally managed and well maintained throughout current ownership. The building consists of four spacious 1-bed/1-bath units, each exceeding 900 square feet. Ownership has added French doors to one unit, creating a flexible office, den, or bonus space well suited for today's live/work lifestyle. Situated on a quiet, tree-lined residential street, 807 N June St is surrounded by a distinctive mix of multimillion-dollar single-family homes, luxury townhomes, and well-maintained multifamily properties. The location offers neighborhood character with immediate proximity to major employment drivers, including Sunset Las Palmas Studios, which is undergoing a major expansion that will add substantial office and soundstage space to the area. The investment opportunity is driven by strong in-place income and meaningful upside through additional density. The four detached garages present a clear opportunity for ADU conversion, plus updated ADU laws and density incentives may allow a new owner to significantly increase unit count, improve NOI, and reposition the asset over time. In a supply-constrained submarket like Hollywood's Media District, this combination of existing income, large unit layouts, residential financing potential, and near-term ADU upside creates a compelling multifamily acquisition.
Details
| MLS # | 26829071 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 163 |
| Listing Provided By | Berkshire Hathaway HomeServices California Properties | Christopher Newell |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,664 |
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.15 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Walk In Closets |
| Appliances | Dishwasher, Refrigerator |
Exterior
| Lot Features | Landscaped |
|---|
Parking
| Parking Features | Private |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Other |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $1,695,000 low | high Med: $1,975,000 sqft: 3,664 low | high Med: 3,874 $ / sqft: $463 low | high Med: $510 On site: 163 low | high Med: 152 | |
Market Activity 90038
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $1,695,000 low | high Med: $1,975,000 sqft: 3,664 low | high Med: 3,874 $ / sqft: $463 low | high Med: $510 On site: 163 low | high Med: 152 | |
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