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7-Unit Apartment Building with Balconies
New
For Sale
$3,795,000

6239 Banner AVE, Los Angeles, CA 90038

Most residences include balconies, with in-unit laundry and custom built-ins also featured throughout the property.

Property Size8,085 SF
Price / SF$469.39
Days on Market5

Property Features for 6239 Banner AVE

General Information

Standard status Active
Size 8,085 SF
Property subtype MULTI_FAMILY
Occupancy 57%

Financials

Asking Price $3,795,000
Cap Rate 6.37%

Additional Details

Multifamily Units 7

Amenities

in-unit laundry
large balconies

Building Details

Building Size 8,085 SF
Year Built 2026
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License #02064825
Source: Carolinakramer
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 9:39PM

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 Myunits.com Inc.

Investment Insights

Based on property information with market context.

Built in 2026, this seven-unit apartment property offers a mix of three- and four-bedroom residences and three smaller units. Interiors feature designer finishes, custom built-ins, oversized windows and in-unit laundry. Most residences have large balconies. Four units are leased, with executed lease terms extending through late 2027.

The property is in Hollywood, Los Angeles, near Larchmont Village, Melrose Avenue, Santa Monica Boulevard and Hollywood Boulevard. Its unit mix and interior features define the building’s residential offering.

Key Highlights

  • Seven apartments, including three- and four‑bedroom residences and three smaller units
  • Built in 2026 with designer finishes, custom built‑ins and oversized windows
  • In‑unit laundry; large balconies in most residences

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store Adult Day Care Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
57.1%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,688
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Most residences include balconies, with in-unit laundry and custom built-ins also featured throughout the property.
Where is this apartment building located?
The property is located at 6239 Banner AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: Seven apartments, including three- and four‑bedroom residences and three smaller units; Built in 2026 with designer finishes, custom built‑ins and oversized windows; In‑unit laundry; large balconies in most residences
More about this property
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