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.

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Based on information submitted to CRMLS as of May 21, 2026 5:50 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 6239 Banner Avenue 1-2, Unit 1-2

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Property Details of 6239 Banner Avenue 1-2, Unit 1-2

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Bathrooms

Utilities and Appliances

Utilities and Appliances

Map Location

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Luxury Malibu Property | Pinnacle Estate Properties Malibu