Listing by: Serena Shlomof, Onward Capital, Inc.

0 Beds

n/a Full bath

n/aSqFt

Active

Fully Ready-to-Issue construction project of 7 residential dwellings consisting of Five 3 story units and Three ADUs in the Hollywood neighborhood of Los Angeles. Right near Santa Monica Blvd & Vine , this 7,903 SF RD1.5-1XL. is fully approved, with Permits Ready-to-Issue! The property includes (2) 4 bed, 4 bath units, (2) 3 bed, 3 bath units, (1) 2 bedroom low income and (2) 1 bedroom apartments, total of 8 parking spots on-site. The project features three separate structures with the middle unit sharing no walls with neighbors. Future income of $26k/month, $4.2M!! Separate meters for all utilities so very low expenses for ownership. Located in the heart of Los Angeles' Hollywood neighborhood, the property offers proximity to key employment centers (Downtown, Koreatown, and West Hollywood. You're just minutes from iconic landmarks such as the Hollywood Walk of Fame, TCL Chinese Theatre, and the Dolby Theatre. A vibrant scene with trendy bars, live music venues, and comedy clubs. Close to cultural hubs like the Los Angeles County Museum of Art (LACMA), the Petersen Automotive Museum, and more.

Property Details
Price $1,450,000
Lot Size Area 6886
Lot Size Area Units Square Feet
Acres 0.1581
Property Type Land
View Peek-A-Boo
Geographic Data
Directions Santa Monica / Vine
County Los Angeles
Latitude 34.091905
Longitude -118.325787
Market Area C20 - Hollywood
Address Information
Address 6239 Banner Avenue, Los Angeles, CA 90038
Postal Code 90038
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Onward Capital, Inc.
Listing Agent Serena Shlomof
Special listing conditions Standard
MLS Information
Days on market 8
MLS Status Active
Listing Date Jan 20, 2025
Listing Last Modified Jan 28, 2025
Tax ID 5534006003
MLS Area C20 - Hollywood
MLS # 25486035

This information is believed to be accurate, but without any warranty.
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