
Los Angeles, California 90004
This Hancock Park Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $6,300,000—positioned well below the $6,420,867 Fair Market Value by 1.88%. This valuation gap offers $120,867 in Instant Equity. Featuring a Condition Rating of 4, the property requires a modern transformation to reach its full potential. With a 17,748 sqft lot, private pool, and proximity to Third Street Elementary, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a grand estate in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 341 N June Subject | $6,300,000* List Price | 5 | 6 | 6,791 | $945 | - |
A 138 Hudson Place Sold | $6,600,000 | 7 | 6 | 6,873 | $960 | 0.4 mi |
B 157 N Las Palmas Avenue Sold | $4,484,000 | 5 | 5 | 4,519 | $992 | 0.2 mi |
C 322 N June Street Active Under Contract | $5,299,000 List Price | 6 | 6 | 6,620 | $800 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 with a significant interior renovation likely dating back 20-25 years. While the home is grand and well-maintained, the kitchen and bathrooms feature dated ornate cabinetry, heavy stone work, and older fixtures. The listing description explicitly identifies the property as being 'ready for thoughtful upgrades' and a 'modern transformation,' which fits the criteria for a dated property needing updates.
Situated on a distinguished tree-lined street near Larchmont Village and Wilshire Country Club, this property offers immense prestige in one of Los Angeles’ most iconic and walkable enclaves.
The expansive 17,748 sqft lot features a private backyard retreat with mature greenery and a sparkling pool, providing a rare level of space and privacy for the neighborhood.
With nearly 6,800 square feet of living space and graceful proportions, the home provides a grand foundation for a high-end luxury estate and a refined modern transformation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17748, other record lot size in square feet = 17696.
The property is explicitly marketed as being ready for upgrades, suggesting that the 1960s-built residence requires a significant additional investment to meet modern luxury standards.
While the local elementary school is highly rated, some of the assigned secondary schools in the district have lower ratings, which may be a consideration for families focused on public education.
On one of Hancock Park’s most distinguished and tree-lined streets, 341 N June St offers classic character, beautiful natural light, and the kind of presence that defines this iconic neighborhood. The home features generous public rooms, graceful proportions, and seamless indoor-outdoor flow, creating an inviting foundation for a refined modern transformation. The residence is ready for thoughtful upgrades, giving buyers the opportunity to elevate a home in one of Los Angeles’ most coveted enclaves. The backyard serves as a private retreat with mature greenery, multiple lounging areas, and a sparkling pool—ideal for quiet relaxation or elegant entertaining. Moments from Larchmont Village, Wilshire Country Club, and the best of Hancock Park living, this property blends prestige, charm, and exceptional potential in a premier location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 6.0 | 4.0 | 93% |
| Square foot | 6,791 | 2,371.5 | 95% |
| Lot Size | 17,748 | 7,009 | 95% |
| Price | $6.30M | $1.94M | 93% |
| Price per sq ft | $928 | $957 | 48% |
| Built year | 1960 | 1923 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 152 | 2% |
May 28, 2026
$6,300,000
Initial Listing
Sep 17, 2012
$3,200,032
Public Record
Jun 8, 2010
$1,466,000
Public Record