6239 Banner Avenue, Los Angeles, CA 90038

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Property Description

Partners CRE is proud to exclusively present for sale a Development / Investment opportunity in Hollywood! Existing building is a Duplex that can be delivered VACANT at the close of Escrow. Front unit is a 3 bedroom unit that has been owner occupied for many years, and the back unit is a one bedroom unit that has been rented but can be delivered vacant. No Ellis Act to worry about. Property features LARD1.5-1XL zoning in a Tier 3 TOC which allows for up to 4 units by right and 2 ADU's for a total of 6 units. Proposing a 100% Affordable Housing Project can yield even higher density utilizing AB2345. Just under a mile to the Metro Red Line Subway Station, and blocks to Hollywood Forever, this property boasts a Walker's Paradise designation by Walk Score, with Good Transit and it is Very Bikeable. With a walk score of 97 this Walker's Paradise designation, this is among the most in-demand neighborhoods by younger professionals.


Interior Features

Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 3

Listing Information

Address 6239 Banner Avenue
City Los Angeles
State CA
Zip 90038
County Los Angeles
Listing Agent Navid Toomarian DRE #02130060
Co-Listing Agent Jordan Petito DRE #02023714
Courtesy Of Keller Williams Beverly Hills
List Price $1,280,000
Status Active
Type Residential Income
Structure Size 1,735
Lot Size 6,886
Year Built 1913

Listing information courtesy of: Navid Toomarian, Jordan Petito, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 7th, 2024 at 5:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.