Active

6239 Banner Ave

Los Angeles CA, 90038

$1,450,000


$210.57 per sqft

Active

0.16 Acres

Land

Fully Ready-to-Issue construction project of 7 residential dwellings consisting of Five 3 story units and Three ADUs in the Hollywood neighborhood of Los Angeles. Right near Santa Monica Blvd & Vine , this 7,903 SF RD1.5-1XL. is fully approved, with Permits Ready-to-Issue! The property includes (2) 4 bed, 4 bath units, (2) 3 bed, 3 bath units, (1) 2 bedroom low income and (2) 1 bedroom apartments, total of 8 parking spots on-site. The project features three separate structures with the middle unit sharing no walls with neighbors. Future income of $26k/month, $4.2M!! Separate meters for all utilities so very low expenses for ownership. Located in the heart of Los Angeles' Hollywood neighborhood, the property offers proximity to key employment centers (Downtown, Koreatown, and West Hollywood. You're just minutes from iconic landmarks such as the Hollywood Walk of Fame, TCL Chinese Theatre, and the Dolby Theatre. A vibrant scene with trendy bars, live music venues, and comedy clubs. Close to cultural hubs like the Los Angeles County Museum of Art (LACMA), the Petersen Automotive Museum, and more.

25-486035

MLS ID

January 20, 2025

Listed

January 28, 2025

Updated

Map

6239 Banner Ave
Los Angeles CA, 90038

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

Hollywood


Days on Market

8


Garage

No


View

Yes


View Description

Peek-A-Boo


County

Los Angeles


Pool

No


Zoning

LARD1.5

Listed by Serena Shlomof with Onward Capital, Inc.
Listing Contact: 310-780-1146 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Approach Properties Premium Real Estate Services shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/28/2025

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