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6239 Banner Avenue 12Los Angeles, CA 90038

For Sale

$3,895,000

Smart Buyer Rebate $38,950

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.

Listed by Serena Shlomof

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License #01986310

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Onward Capital, Inc.

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310-780-1146

Last updated April 24, 2026

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Source: CRMLS #26757185

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Hollywood
  • Bedrooms17
  • Days on Prevu8
  • Size8,141 sqft
  • Price per sqft$478

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

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Listing History

04/23/2026
Listed by Onward Capital, Inc.
$3,895,000

Property Details for 6239 Banner Avenue 12

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 7
  • Year Built: 2026
  • Architectural Style: Modern
  • Common Walls: No Common Walls

Features

  • View: Peek-A-Boo

Measurements

  • Building Area Total: 8,141
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,886
  • Lot Size Square Feet: 6,886
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.34
  • Gross Income: $328,656.00

Taxes

  • Parcel Number: 5534006003

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 8,141

Rooms

  • Bathrooms Total Integer: 17
  • Bedrooms Total: 17

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Open Parking Spaces: 2
  • Parking Features: Attached Carport, Carport, Door-Multi, Garage

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 17 bedrooms in this multi-family home at 6239 Banner Avenue 12.

How does 6239 Banner Avenue 12 compare to other multi-family homes in Central Hollywood?

This multi-family home is listed 51% above the average price for multi-family homes in Central Hollywood and has been on the market for 92 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 8,141 sqft.

6239 Banner Avenue 12 is a 17-bedroom multi-family home for sale in Los Angeles CA 90038. On Prevu for 8 days at $3,895,000. This residence features 8,141 square feet of living space, located in Central Hollywood. The median listing price for multi-family homes in this area is $1,325,000. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.