6239 Banner Ave #1-2 Los Angeles, CA 90038 New

UPDATED: 04/24/2026 07:07 AM ON MARKET: 4 days on market

$3,895,000

17 Beds17 Baths8,141 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,141 sqft

Price per Sqft $478

MLS Listing ID 26757185

Style Modern

Bedrooms 17

Construction Status New Construction

Year Built 2026

Lot Size 6,886 Sqft

Acres 0.1581

Property Sub-Type Multi-Family

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 $3,895,000, 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.

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