$3,750,000
For Sale by Owner $461/sq ft
Listed 4 months ago

17BR Multi-Family for Sale in Los Angeles, CA

6239 Banner Ave Unit 1-2, Unit 1-2, Los Angeles, CA 90038
17 Beds
19 Bath
8,141 sq ft
Built 2026
PropSlick Verified Data Key facts & insights for this exact address
$461
Price / sq ft
2026
Year Built
$12,763
Property Tax / yr
6,887 sf
Lot Size
2
Garage Spaces
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built2026
Square Footage8,141 sq ft
Lot Size6,887 sq ft
Garage Spaces2
Annual Property Tax$12,763
Price / SqFt$461

Property Description

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 tenant 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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating
Washer/Dryer
Dishwasher

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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