807 N June St 4BR Hancock Park La
| Website: | https://www.nestseekers.com/5451171 |
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| Address: | 807 N June St LOS ANGELES, CA 90038 |
| Cross street: | N June St & Waring Ave |
| Ownership: | For Sale |
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| Bedrooms: | 4 BR |
| Bathrooms: | 4 |
| Area: | 6357 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,695,000
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.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Berkshire Hathaway HomeServices California Propert | |
