$3,750,000
About this home
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.
Facts & features
- Bedrooms
- 17
- Bathrooms
- 0 full, 0 half
- Living area
- 8,141 sq ft
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
- Heating
- Central
- Cooling
- Central Air
- Levels
- Multi Split
- Lot size
- 0.158 acres (6,886 sq ft)
- View
- Peek ABoo
- Architectural style
- Modern
- Year built
- 2026
- New construction
- Yes
- Parking
- Attached Carport, Carport, Door Multi, Garage
- Parking spaces
- 8
- Area
- C 20 - Hollywood
- County
- Los Angeles
- Community features
- Gated
- Status
- Active
- Property type
- Residential Income
- Days on market
- 93
- Listed
- 2026-04-23
- Original price
- $3,895,000
- Parcel #
- 5534006003
- MLS #
- 26757185