6219 Banner Ave

Los Angeles, CA, 90038

$1,350,000

$1,350,000
Active
Active
 - For Sale
property_type
Land
PRICE REDUCED for quick sale! We are pleased to present the opportunity to acquire this 13,761 SF Prime Hollywood Development opportunity located at 6219 & 6223 Banner Ave (Each lot is priced at $1.5 million for a combined asking price of $3 million for both lots, lots must be sold together.) The site offers a zoning ordinance of LARD1.5, TOC Tier 2, which allows for the construction of 9 units by right or up to 14 units using TOC Tier 2 incentives, plus the ability to add 3 ADU's for a total of 17 units! (Buyer to verify) In addition, the site is located within a qualified Opportunity Zone! The two adjacent lots have already been graded = save on demolition costs! Current owner has approved RTI plans for double duplex units on 6223 Banner, plans for 6219 Banner are currently in process with LADBS. Plans are available upon request. With a Walk Score of 96, the property features a premier location, walking distance to numerous amenities & employment centers and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal. Do not miss this opportunity to acquire a rare double lot in a phenomenal location and qualified opportunity zone. Lots of new development nearby. Buyer to verify all zoning info with LADBS. Contact listing agent for more details!
MLS® ID:
23-233517
Listed:
1/17/23
Updated:
3/23/23

Exterior/Building Features

Lot Size
6,880 ft² lot

Other Property Details

Garage
No
Parking
N
View
Y
County
Los Angeles
Pool
No
Zoning
LARD1.5

Property History

Date
Event
Price
Value
2/22/23
Price Change
$1,350,000
-9%

Courtesy of BRC Advisors- BH, Daniel Shamooelian,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Hollywood Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/23/23

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