← TRACK RECORD
/// CASE STUDY

A 1922 fourplex just north of Hancock Park closed at $1,590,000

THE SHORT VERSION

823 N June St in Hancock Park closed on July 5, 2019 at $1,590,000. That is about $397,500 a unit. It is four units from 1922 on RD1.5 land, which puts the building under the city rent control law.

THE RECORD
Address823 N June St, Los Angeles, CA 90038
Units4
Closed at$1,590,000
Closed onJuly 5, 2019

The county file for this parcel is on its building page.

What the city and county records say.

The county roll lists four units built in 1922. The Los Angeles Rent Stabilization Ordinance reaches rental units built on or before October 1, 1978, so the building falls under it. The city zoning layer puts the lot in RD1.5.

Closed by Shaya Lowenstein, CA DRE #01942326. The address, size and closing figures are from the closed-sales record on this site and can be checked against the Los Angeles County recorder.

/// SOURCES

  1. Los Angeles Housing Department, Owning a Rent Stabilized Property
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/// THE RULES BEHIND THIS DEAL