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6239 Banner Avenue #1-2

Los Angeles, CA 90038
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Bed 17

Bed

Bath 17

Bath

SqFt8,141

Sqft

SqFt6,886

Sqft(Lot)

6239 Banner Ave presents a rare opportunity to acquire a newly constructed, non-rent-controlled multifamily asset in prime Hollywood & **OPPORTUNITY ZONE*** Completed in 2026, the 8,141 SF building features seven individually designed residences situated on a 6,900 SF LARD1.5-1 VL zoned lot, with a projected monthly income of approximately $27,388 at stabilized occupancy. The offering represents a 6.34% cap rate at an asking price of $3,750,000, with all units separately metered and located within a strong rental submarket near studios, and major hospitals. Constructed with zero deferred maintenance and institutional-quality finishes throughout, the property offers premium features including private balconies, soaking tubs, and custom closets. Purpose-built for operational efficiency and t enant appeal, this asset is ideally suited for investors seeking durable cash flow in a supply-constrained Los Angeles market. Contact listing agents for the full Offering Memorandum.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,750,000

AD Id : 77729512

MLS Id : 26757185

Beds : 17

Lot Size : 6,886 Sqft

Living Area Size : 8,141

Year Built : 2026

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 17

    Bathroom Information

    Total Baths: 17
  • Interior Features

    Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 8141
    Private Pool: No
    View: PeekABoo

  • Lot Information

    Main Square Feet: 6886 Lot Size Acres: 0.1581 Lot Size Square Feet: 6,886

  • Listing Price Information

    Listing Price: $3750000
    Original Price: $3895000

  • Tax Information

    Parcel Number: 5534006003

  • Parking Information

    Parking Total: 8 AttachedCarport, Carport, DoorMulti, Garage

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: Just north of Santa Monica Boulevard & east of Vine Street. Plug the address into Waze/Google Maps Security Features: GatedCommunity
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5516 Virginia Avenue, Los Angeles, CA, 90038 $3,350,000 21 -- 11,550 11,550 SqFt
5540 Lexington Avenue, Los Angeles, CA, 90038 $2,225,000 8 -- 5,334 5,334 SqFt
1162 N St Andrews Place, Los Angeles, CA, 90038 $1,425,000 4 -- 3,024 3,024 SqFt
5633 La Mirada Avenue, Los Angeles, CA, 90038 $1,499,000 9 6 3,884 3,884 SqFt
5436 Romaine Street, Los Angeles, CA, 90038 $3,699,999 21 21 9,437 9,437 SqFt
5640 Santa Monica Boule.., Los Angeles, CA, 90038 $24,000,000 -- -- 57,664 57,664 SqFt
5732 Lexington Avenue, Los Angeles, CA, 90038 $1,849,000 8 8 6,652 6,652 SqFt
1059 N Wilton Place, Los Angeles, CA, 90038 $939,000 3 2 1,272 1,272 SqFt
1032 N Ridgewood Place, Los Angeles, CA, 90038 $1,100,000 4 -- 1,744 1,744 SqFt
5802 Lexington Avenue, Los Angeles, CA, 90038 $1,199,000 3 2 1,340 1,340 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 06:58

MLS: 26757185 LISTED BY: Serena Shlomof, Onward Capital, Inc. 310-728-9969 SOURCE: CRMLS

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