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6239 Banner Avenue

Los Angeles, CA 90038
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Bed 16

Bed

Bath 19

Bath

SqFt6,886

Sqft(Lot)

6239 Banner Ave is a rare opportunity to acquire a brand-new, ultra-high-end 7-unit multifamily asset in the heart of Hollywood. Built to a level that stands apart from typical new construction, the property features elevated designer finishes and fixtures, custom built-ins, oversized windows, modern interiors, in-unit laundry and large balconies on the majority of residences. The property offers a desirable mix of spacious 3- and 4-bedroom residences alongside three smaller units, creating broad renter appeal in one of Los Angeles’ most active employment and entertainment hubs. Four of the seven units are already leased at market rents with 1 affordable unit, with newly executed leases extending through late 2027, providing immediate and secured in-place income while offering additi onal upside through lease-up of the remaining units. Offered at $3,795,000, the property delivers an impressive 6.37% cap rate and approximately $542,143 per unit, an exceptionally compelling basis for luxury new construction in this location. Ideally positioned near Larchmont Village, Melrose Avenue, Santa Monica Boulevard and Hollywood Boulevard, the property is surrounded by major studios, entertainment employers, dining, nightlife and some of L.A.’s most popular lifestyle destinations. With premium construction, strong day-one income, long-term lease security and aggressive pricing, 6239 Banner Ave offers investors the opportunity to acquire a high-quality Hollywood asset at a basis and yield rarely seen for new construction of this caliber.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,795,000

AD Id : 91633398

MLS Id : BB26214823

Beds : 16

Lot Size : 6,886 Sq. Ft

Year Built : 2026

Garage : 5

County : Los Angeles

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Feature Features

  • Interior Features

    Balcony, OpenFloorplan, RecessedLighting
    Appliances: Dishwasher, ElectricOven, ElectricRange, Freezer, Disposal, Microwave, Refrigerator, Washer
    Laundry Features: ElectricDryerHookup, Inside
  • Heating & Cooling

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

  • Building Information

    Year Built: 2026
    Building Area Total: 8085
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6886 Lot Size Acres: 0.1581 Lot Size Source: Assessor Lot Size Square Feet: 6,886 Lot Description: Landscaped,Level,StreetLevel

  • Listing Price Information

    Listing Price: $3795000
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  • Tax Information

    Parcel Number: 5534006003 Tax Lot: 26

  • Parking Information

    Parking Total: 8

    Garage Information

    Has Garage: Yes Garage Space: 5

  • Location Information

    Direction: Located on Banner Ave, North of Santa Monica Blvd. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5621 La Mirada Avenue, Los Angeles, CA, 90038 $1,870,000 45 47 13,635 7,494 Sq. Ft
5336 Lemon Grove, Los Angeles, CA, 90038 $1,380,000 6 5 3,059 7,004 Sq. Ft
5336 Lemon Grove, Los Angeles, CA, 90038 $1,380,000 6 5 -- 7,004 Sq. Ft
1154 1156 N Wilton Place, Los Angeles, CA, 90038 $1,399,900 4 -- 1,674 4,503 Sq. Ft
1154 N Wilton, Los Angeles, CA, 90038 $1,399,900 4 2 1,674 4,503 Sq. Ft
812 N Ridgewood, Los Angeles, CA, 90038 $1,500,000 3 4 2,560 5,803 Sq. Ft
833 N Ridgewood Place, Los Angeles, CA, 90038 $1,075,000 4 4 -- 6,737 Sq. Ft

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 10/12/2026 @ 07:12

MLS: BB26214823 LISTED BY: Cheyenne Womack, Myunits.com Inc. 844-698-6487 SOURCE: CRMLS

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