6239 Banner Avenue
Los Angeles, CA 90038
0.16 acres | #25486035
Description
Fully Ready-to-Issue construction project of 7 residential dwellings consisting of Four 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) 1 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
- CountyLos Angeles
- Original List Price$1,450,000
- ViewPeekABoo
- Property TypePurchase
- MLS #25486035
- MLS #25486035
- Cost1395000
- Acres0.1581
- Property SubtypeLand
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Serena Shlomof (#CLW-C123961)
Listing Office: Onward Capital, Inc. (#CLW-X81223)
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