807 N June Street

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.