Newly Constructed Apartment
For Sale
$3,895,000
1-2-6239 Banner Ave, Los Angeles, CA 90038
Seven individually designed residences with private balconies, soaking tubs, custom closets, and separate utility metering.
Property Size8,141 SF
Lot Size0.16 Acres
Price / SF$478.44
Days on Market129
Property Features for 1-2-6239 Banner Ave
General Information
Standard status
Active
Size
8,141 SF
Lot size
0.16 Acres
Property subtype
Residential Income
Zoning
LARD1.5-1 VL
Financials
Asking Price
$3,895,000
Cap Rate
6.34%
Opportunity Zone
Yes
Additional Details
Multifamily Units
7
Amenities
private balconies
soaking tubs
custom closets
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Onward Capital, Inc.
(310) 780-1146
Listed By:
Serena Shlomof · License #01986310
(310) 780-1146
Source:
Exprealty
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Onward Capital, Inc.
Investment Insights
Based on property information with market context.
Completed in 2026, this multifamily property contains 8,141 square feet and seven individually designed residences on a 6,900-square-foot lot. The building includes private balconies, soaking tubs, custom closets, and separately metered units. The asset is non-rent-controlled and carries LARD1.5-1 VL zoning.
Located at 6239 Banner Ave in Los Angeles, the property is positioned near studios and major hospitals. The offering also carries an Opportunity Zone designation and is reported at a 6.34% cap rate. The combination of recent construction, distinct residential layouts, and separately metered utilities provides a clearly defined operating profile for multifamily ownership.
Located at 6239 Banner Ave in Los Angeles, the property is positioned near studios and major hospitals. The offering also carries an Opportunity Zone designation and is reported at a 6.34% cap rate. The combination of recent construction, distinct residential layouts, and separately metered utilities provides a clearly defined operating profile for multifamily ownership.
Key Highlights
- 2026 completion with 8,141 SF of building area
- Seven individually designed residences
- Situated on a 6,900 SF LARD1.5‑1 VL zoned lot
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
4,688
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven individually designed residences with private balconies, soaking tubs, custom closets, and separate utility metering.
Where is this apartment building located?
The property is located at 1-2-6239 Banner Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: 2026 completion with 8,141 SF of building area; Seven individually designed residences; Situated on a 6,900 SF LARD1.5‑1 VL zoned lot
