Property Detail
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.
Map Location
Listing provided courtesy of Serena Shlomof of Onward Capital, Inc.. Last updated 2026-05-10 08:11:01.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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