6239 Banner Avenue 1-2 Los Angeles, CA $ 3,895,000
6239 Banner Avenue 1-2
$ 3,895,000
Recently Listed New Construction
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6239 Banner Avenue 1-2

Los Angeles, CA, 90038
$ 3,895,000
Bedrooms17 Baths7.0 Sq 8,141

Monthly Estimate*

$ 23,982

Listed by Onward Capital, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $3,895,000 with 17 bedrooms and 7 full baths. This 8,141 square foot home was built in 2026 on a lot size of 0.1581.

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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Multi-Family Active

Price

$ 3,895,000

Bedrooms

17

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1581

Year Built

2026

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26757185

Days on Market

8

Features
General
Living Area 8141
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Architectural Style Modern
Security Features Gated Community
Year Built 2026
Tenant Pays Electricity Trash Collection Water
View Peek-A-Boo
Levels Multi/Split
Unit Number 1-2
Gross Income 328656
Community Features Gated
County Los Angeles
Net Operating Income 246852
New Construction true
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Just north of Santa Monica Boulevard & east of Vine Street. Plug the address into Waze/Google Maps
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 7
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6886
Carport Y/N true
Property Attached Y/N false
Standard Status Active
Cap Rate 6.34
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Interior
Total Stories 0
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 17
Total Baths 17
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Exterior
Parking Features Attached Carport Carport Door-Multi Garage
Total Parking 0
Lot Size Area 6886
Number of Buildings 3
Building Area Total 8141
Lot Size Acres 0.1581
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* Excluded Features
List By
Onward Capital, Inc.

Broker

serena@onwardcapitalre.com

Email

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$23,982
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$23,982
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$3,895,000 Listed Price

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6239 Banner Avenue 1-2, Los Angeles, CA, 90038 is a Multi-Family Home for sale at $3,895,000 with 8,141 sqft and a lot size of 0.1581. 6239 Banner Avenue 1-2 has 17 bedrooms, 7.0 baths, and was built in 2026. The property's zip code is 90038 which is in Los Angeles, CA