Search
Solar-Equipped Four-Unit Multifamily
New
For Sale
$3,350,000

1231 N June, Los Angeles, CA 90038

New construction four-unit complex with private laundry, parking, and yards, supported by separate solar and utility meters.

Days on Market3

Property Features for 1231 N June

General Information

Standard status Active
Property subtype Investment

Building Details

Building Size 6,655 SF
Year Built 2026
Listing Agency: Citivest Realty Services, Inc.
Listed By: Martin Fish · License #01988997
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 30 at 8:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citivest Realty Services, Inc.

Investment Insights

Based on property information with market context.

New construction four-unit luxury multifamily complex built in 2026 in Hollywood. The property is presented as non-rent-controlled and is offered either fully leased or fully vacant. The complex is comprised of two duplexes, totaling four new construction townhomes, each with private laundry rooms, private parking spaces, and private yard spaces.

Each unit is equipped with separate meters for water, gas, and solar power electricity. There is also an owner’s common area electric meter for exterior lighting and a common area water meter for servicing and landscape irrigation. The property includes drought-tolerant landscaping and energy-efficient building materials, along with solar, appliances, and fixtures.

Situated in the heart of Hollywood near West Hollywood, the property is described as located between Santa Monica Blvd. and Sunset. BikeScore is 63 (Bikeable), walkScore is 95 (Walker’s Paradise), and transitScore is 55 (Good Transit).

Key Highlights

  • Offered fully leased or fully vacant four‑unit non‑rent‑controlled complex
  • 6% cap rate described for the property
  • Built in 2026: two duplexes totaling four new construction townhomes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Mobile Phone Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,761
Businesses Nearby

Demographics for 90038, CA

27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - New construction four-unit complex with private laundry, parking, and yards, supported by separate solar and utility meters.
Where is this multifamily property located?
The property is located at 1231 N June Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Offered fully leased or fully vacant four‑unit non‑rent‑controlled complex; 6% cap rate described for the property; Built in 2026: two duplexes totaling four new construction townhomes
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message