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Eric Upshur

eric@blueorangeentertainment.com +1(818) 430-7289

$ 3,750,000

Est. payment -/mo

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Price Dropped by $145K

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

17 Beds

17 Baths

8,141 SqFt

UPDATED:

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 $460

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 $3,750,000, 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.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning, Central, Multi/Zone

Equipment Dryer, Dishwasher, Freezer, Garbage Disposal, Microwave, Ice Maker, Hood Fan, Refrigerator, Range/Oven, Washer

Exterior

Parking Features Carport Attached, Garage - 2 Car, Carport

Garage Spaces 8.0

View Y/N Yes

View Peek-A-Boo

Building

Architectural Style Modern

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Onward Capital, Inc.

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Eric Upshur

+1(818) 430-7289

eric@blueorangeentertainment.com

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Eric Upshur

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

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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6239 Banner Ave #1-2