Newly Constructed Apartment
For Sale
$3,750,000
6239 Banner Avenue Unit 1-2, Los Angeles, CA 90038
Newly built apartment property with separately metered residences, private balconies, soaking tubs, and custom closets.
Property Size8,141 SF
Price / SF$460.63
Days on Market176
Property Features for 6239 Banner Avenue Unit 1-2
General Information
Standard status
Active
Size
8,141 SF
Property subtype
Multi-family
Building Details
Year Built
2026
Listing Agency:
Onward Capital,Inc.
Listed By:
Serena Shlomof
(714) 497-3550
Source:
Sevengables
Added: Mar 7
Changed: Aug 29
Last Checked: Aug 29 at 2:34PM
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 apartment property contains seven individually designed residences within an 8,141-square-foot building on a 6,900-square-foot lot. The LARD1.5-1 VL-zoned asset is non-rent-controlled and includes separate metering for each residence. Private balconies, soaking tubs, custom closets, and institutional-quality finishes are incorporated throughout the building, with no deferred maintenance reported.
The property is located on Banner Avenue in Los Angeles, within an Opportunity Zone and near studios and major hospitals. Its operating profile includes a reported 6.34% cap rate at stabilized occupancy. The combination of new construction, distinct residential layouts, and individually metered units provides a clearly defined multifamily configuration.
The property is located on Banner Avenue in Los Angeles, within an Opportunity Zone and near studios and major hospitals. Its operating profile includes a reported 6.34% cap rate at stabilized occupancy. The combination of new construction, distinct residential layouts, and individually metered units provides a clearly defined multifamily configuration.
Key Highlights
- Seven individually designed residences in an 8,141 SF apartment building
- Completed in 2026 on a 6,900 SF LARD1.5‑1 VL‑zoned lot
- Non‑rent‑controlled multifamily property in an Opportunity Zone
Property Analytics
Property Profile
Current Use
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 - Newly built apartment property with separately metered residences, private balconies, soaking tubs, and custom closets.
Where is this apartment building located?
The property is located at 6239 Banner Avenue Unit 1-2 Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Seven individually designed residences in an 8,141 SF apartment building; Completed in 2026 on a 6,900 SF LARD1.5‑1 VL‑zoned lot; Non‑rent‑controlled multifamily property in an Opportunity Zone
