Multi-Family for sale in Southern California — $3,750,000. 17 beds · 17 baths · 8,141 sqft. 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 indi…
$3,750,000
6239 Banner Avenue 1-2, Los Angeles, CA 90038
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.
Listing updated: June 9, 2026 at 10:58 AM
Listed by: Serena Shlomof, Onward Capital, Inc.
Source: CRMLS, MLS#: 26757185, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/09/2026 Source: CRMLS, #26757185 | Price change | $3,750,000$461/sqft-3.7% |
| 4/23/2026Source: CRMLS, #26757185 | Listed for sale | $3,895,000$478/sqft |
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