1331 North June Street

Los Angeles, CA 90028

$1,195,000
Last Sold Price
15
Beds
12
Baths
6,301 Sq. Ft.
$190 / Sq. Ft.
6,301
Sq. Ft.
$190
per Sq. Ft.

Description

Sold with rti plans! 1331-1333 N June St, is a 1,842 SF duplex consisting of two 921 SF 1-bedroom 1-bath units on a 6,653 SF LARD1.5 lot. One of the units is vacant. The property is sold with ready-to-issue (RTI) plans to remodel and convert the vacant unit into a 2-bedroom 2-bath unit and add three units in the back of the lot, comprised of two approximately 1,550 SF 4-bedroom, 3-bathroom townhomes and one 1,286 SF 3-bedroom, 2-bathroom ADU. This strategic investment offers significant growth potential...Sold with rti plans! 1331-1333 N June St, is a 1,842 SF duplex consisting of two 921 SF 1-bedroom 1-bath units on a 6,653 SF LARD1.5 lot. One of the units is vacant. The property is sold with ready-to-issue (RTI) plans to remodel and convert the vacant unit into a 2-bedroom 2-bath unit and add three units in the back of the lot, comprised of two approximately 1,550 SF 4-bedroom, 3-bathroom townhomes and one 1,286 SF 3-bedroom, 2-bathroom ADU. This strategic investment offers significant growth potential in a flourishing community with enormous upside. 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. There is an opportunity to purchase 2 more adjacent lots at 1323 and 1325 N June St as a package from the same owner. All 3 lots are on the market. OM available by request for 3-lot assemblage.
  1. Listed by Yohann Bensimon • DRE #01966630 • Brokerage DRE #01364089 • Keller Williams Hollywood Hills

Property Details for 1331 North June Street

Zoning
LARD1.5
Style
Bungalow
Parcel Number
5547030016
Total Units
5.0
Living Area
6301
Source Living Area
Plans
Area
Hollywood (C20)
Vacancy Rate
0

Location

Listing Courtesy of Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630

Sold By Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630

Add your commute
LISTING UPDATED: 01/18/2024 01:06 PM

Property Details for 1331 North June Street

StatusSold
MLS #23-284074
Days on Market157
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.15 AC / 6,653 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630

Sold By Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630

Add your commute

Building Information for 1331 North June Street

Stories1Residences-Year Built2024Building Size-Lot Size0.15 AC / 6,653 SF

Payment Calculator

$7,665 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,522

Property Taxes

$1,143

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1331 North June Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Estimated
  • Number Of Stories: 1
  • Number Of Buildings: 3
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: East
  • Property Condition: Value Mainly In Land, Fixer
Contract Info
Contract Info
  • Disclosures: Owner Has R.E. License
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $294,000
  • Net Operating Income: $272,318.80
  • Gross Income: $294,000
  • Gross Rent Multiplier: $10.00
  • Total Annual Expense: 21681.20
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1527
  • Lot Size Square Feet: 6653
  • Lot Features: Front Yard
  • Lot Description: Front Yard, 2-4 Lots
  • Lot Location: Park Nearby, City, Near Public Transit
Parking Details
Parking Details
  • Parking Garage: Driveway, Carport
  • Total Parking: 6
  • Parking Features: Driveway, Carport
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Wall Unit(s)
  • Heating: Floor Furnace
  • Heating Type: Floor, Floor Furnace
  • Flooring: Hardwood, Wood, Tile
  • Equipment: Refrigerator, Range/Oven, Microwave
  • Common Walls: Detached/No Common Walls
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-23-2023
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $719.37
  • Unit Projected Rent: $7,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,250.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,250.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,250.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,250.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $14,750.00
  • Assessed Improvement Percent: 21.74
  • Assessed Land Value: $53,106.00
  • Assessed Land Percent: 78.26
  • Assessed Total Value: $67,856.00

Property History for 1331 North June Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1331 North June Street

Taxable ValueLand$780,300Additions$336,600Total$1,116,900
Tax Record2023$13,711 ($1,143 / month)
Home Facts
Total Finished SqFt1,448 SqFtAbove Grade Finished SqFt1,448 SqFtLot Size6,654 SqFtStyleDuplexYear Built1921ZoningLARD1.5CountyLOS ANGELESAPN5547-030-016

Schools near 1331 North June Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Gardner Street Elementary School
PublicK to 5

Hubert Howe Bancroft Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Hollywood Hills, Yohann Bensimon, DRE #01966630

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.