6239 Banner Ave 17BR Hancock Park La


Property

Website:https://www.nestseekers.com/5433478
Address:
6239 Banner Ave Apt: 1-2
LOS ANGELES, CA 90038
Ownership: For Sale
Bedrooms: 17 BR
Bathrooms: 17
Area: 6886 sq ft
Lot Size: 0.2 Acres

Financials

Price:$3,895,000

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 $3,895,000, 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.

Contact

271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Onward Capital, Inc.

6239 Banner Ave LOS ANGELES CA 90038 USA