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.