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6239 Banner Avenue
Los Angeles CA 90038 US

$3,795,000

Active Listing ID BB26214823
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16 bed
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19.00 Bath (19 Full)
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Lot: 0.16 Acres
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Quadruplex

$3,795,000

Active Listing ID BB26214823
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6239 Banner Avenue The 5+ Unit Specialists present 6239 Banner Ave, a rare opportunity to acquire a brand-new, ultra-high-end 7-unit multifamily asset in the heart of Hollywood. Built to a level that stands apart from typical new construction, the property features elevated designer finishes and fixtures, custom built-ins, oversized windows, modern interiors, in-unit laundry and large balconies on the majority of residences. The property offers a desirable mix of spacious 3- and 4-bedroom residences alongside three smaller units, creating broad renter appeal in one of Los Angeles' most active employment and entertainment hubs. Four of the seven units are already leased at market rents with 1 affordable unit, with newly executed leases extending through late 2027, providing immediate and secured in-place income while offering additional upside through lease-up of the remaining units. Offered at $3, 795, 000, the property delivers an impressive 6.37% cap rate and approximately $542, 143 per unit, an exceptionally compelling basis for luxury new construction in this location. Ideally positioned near Larchmont Village, Melrose Avenue, Santa Monica Boulevard and Hollywood Boulevard, the property is surrounded by major studios, entertainment employers, dining, nightlife and some of L.A.'s most popular lifestyle destinations. With premium construction, strong day-one income, long-term lease security and aggressive pricing, 6239 Banner Ave offers investors the opportunity to acquire a high-quality Hollywood asset at a basis and yield rarely seen for new construction of this caliber.

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Property Features

  • Facts
  • Lot Size: 0.16 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 19
  • Cooling System: Central Air
  • Floor Covering: Tile, Vinyl
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 3795000
  • unparsedaddress: 6239 Banner Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90038
  • bathroomsfull: 19
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1581
  • lotsizeunits: Acres
  • lotsizearea: 0.1581
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Cheyenne Womack
  • listagentemail: cheyenne@myunits.com
  • listagentkey: 3yd-MRMLSCA-BB42064
  • listagentmlsid: BB42064
  • listagentpreferredphone: 8059737470
  • listagentofficephone: 8059737470
  • listofficekey: 3yd-MRMLSCA-BH5345657
  • listagentstatelicense: 02064825
  • listofficemlsid: BH5345657
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 2026
  • listingcontractdate: 2026-10-02
  • listagenturl: https://www.twotofour.com/buy
  • countyorparish: Los Angeles
  • parcelnumber: 5534006003
  • appliances: Disposal, Microwave, Refrigerator, Electric Range, Electric Oven, Freezer, Dishwasher
  • cooling: Central Air
  • flooring: Tile, Vinyl
  • heating: Central
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 8
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Balcony, Living Room Balcony, Recessed Lighting, Open Floorplan
  • architecturalstyle: Modern
  • rooms: Bedroom 9, Bedroom 13, Bedroom 10, Bedroom 16, Bathroom 6, Bedroom 4, Bedroom 2, Bathroom 11, Bedroom 6, Kitchen, Bathroom 12, Bathroom 3, Bathroom 9, Bathroom 17, Bathroom 1, Bathroom 7, Bedroom 7, Bathroom 10, Bathroom 5, Bathroom 8, Bathroom 13, Bedroom 11, Laundry Room, Bathroom 19, Bedroom 5, Bedroom 15, Bathroom 4, Bathroom 15, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 12, Bedroom 14, Bathroom 14, Bedroom 8, Bathroom 18, Bathroom 16
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
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Listing Changed: 10/3/2026 1:22:10 PM GMT
Source Updated Date: 10/6/2026 12:47:03 AM GMT

Courtesy of: Cheyenne Womack, Myunits.com Inc., cheyenne@myunits.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.