John E Burge

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Listing provided courtesy of Onward Capital, Inc.- MLS# 26757185MLS Provider

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

Multi-Family · 17 Beds · 8,141 Sq. ft. | 0.16 Acres
$3,750,000 Active

6239 Banner Ave #1-2 Overview

Time on Site:
67 days
Visits:
0

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.

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6239 Banner Ave #1-2 Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,141
  • Price/Sq.ft. $461
  • Lot 0.16 Acres

Details

General

Income/Expenses

  • Gross Income: 328656
  • Net Operating Income: 246852.00

Building Information

  • Year Built: 2026

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Hollywood

Rent/Lease Information

  • Tenant Pays: Electricity, Water, Trash Collection

Tax Information

  • Tax Assessed Value: 1040000

General Information

  • Disclosures: None
  • Property Condition: New Construction
  • Property Type: Residential Income
  • Zoning: LARD1.5

Interior

Beds/Baths

  • Bathrooms Total: 17.00
  • Bedrooms Total: 17

General Information

  • Common Walls: Detached/No Common Walls
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Levels: Multi/Split
  • Living Area: 8141
  • Living Area Source: Builder
  • Security Features: Gated
  • Stories: 0

Unit Information

  • Unit Number: 1-2

Exterior

Parking Information

  • Open Parking Spaces: 2
  • Parking Total: 8

Lot Information

  • Lot Size Acres: 0.1581
  • Lot Size Area: 6886
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 3

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Modern

    General Information

    • Covered Spaces: 6
    • Number Of Units Total: 7
    • Other Structures: None

    6239 Banner Ave #1-2 Neighborhood

    Community

    90038 (LOS ANGELES) Demographics

    34
    Median Age
    18,237
    Population Density (per sq. mile)
    40%
    College Educated
    $48,786
    Estimated Median Income
    1,034
    Estimated Total Home Owners
    11,614
    Estimated Total Renters
    8% / 92%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    6239 Banner Ave #1-2 Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    6239 Banner Ave #1-2 Market Data

    Based on the last 30 days in this zip code

    $1,363,950
    Average List Price
    $784
    Average Price per Square Foot
    10
    Properties Sold
    115
    Average Days on Market
    145
    Properties for Sale
    Calculations provided by Reliance Network

    6239 Banner Ave #1-2 History

    Date Event Value Agent
    6/11/2026Source: CRMLS Price Reduction
    $5,250 -4.5%
    6/11/2026Source: TheMLS (CLAW) Price Reduction
    $5,250 -4.5%
    6/9/2026Source: CRMLS Price Reduction
    $3,750,000 -3.7%
    6/9/2026Source: TheMLS (CLAW) Price Reduction
    $3,750,000 -3.7%
    5/18/2026Source: CRMLS Added to Database
    May 18, 2026
    5/18/2026Source: CRMLS Added to Database
    May 18, 2026
    5/18/2026Source: TheMLS (CLAW) Added to Database
    May 18, 2026
    5/18/2026Source: TheMLS (CLAW) Added to Database
    May 18, 2026
    5/18/2026Source: CRMLS Status Change
    Closed
    5/18/2026Source: TheMLS (CLAW) Status Change
    Sold
    4/24/2026Source: TheMLS (CLAW) Added to Database
    April 24, 2026
    4/24/2026Source: CRMLS Added to Database
    April 24, 2026
    4/8/2026Source: CRMLS Added to Database
    April 08, 2026
    4/7/2026Source: TheMLS (CLAW) Added to Database
    April 07, 2026
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