New construction

Price cut: $145K (6/9)

$3,750,000

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

17beds

17baths

8,141sqft

$24,804/mo

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Multi Family

Built in 2026

-- sqft lot

$3,635,700 Zestimate^®

$461/sqft

$-- HOA

What's special

Private balconiesInstitutional-quality finishes throughoutSeven individually designed residencesSoaking tubsCustom closets

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.

90 days

96

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 17

Heating

Central

Cooling

Air Conditioning, Central Air, Zoned

Appliances

Included: Dryer, Dishwasher, Freezer, Disposal, Microwave, Ice Maker, Exhaust Fan, Refrigerator, Range/Oven, Washer

Interior area

Total structure area: 8,141
Total interior livable area: 8,141 sqft

Property

Parking

Total spaces: 8
Parking features: Attached Carport, Garage - 2 Car, Carport
Has attached garage: Yes
Has carport: Yes
Covered spaces: 6
Uncovered spaces: 2

Features

Levels: Multi/Split
Has view: Yes
View description: Peek-A-Boo

Lot

Size: 6,886 Square Feet

Details

Additional structures: None
Parcel number: 5534006003
Zoning: LARD1.5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Modern
Property subtype: Multi Family

Condition

New Construction
New construction: Yes
Year built: 2026

Community & HOA

Community

Security: Gated

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $461/sqft
Tax assessed value: $1,040,000
Date on market: 4/24/2026
Total actual rent: 328656
Tenant pays: Electricity, Water, Trash Collection

Estimated market value

$3,635,700

$3.45M - $3.82M

$3,772/mo

Price history

Date	Event	Price
6/9/2026	Price change	$3,750,000-3.7%$461/sqft
Source: CLAW #26757185 Report a problem
4/24/2026	Listed for sale	$3,895,000$478/sqft
Source: CLAW #26757185 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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