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Property Description

Partners CRE is proud to exclusively present for sale a Development / Investment opportunity in Hollywood! Existing building is a Duplex that can be delivered VACANT at the close of Escrow. Front unit is a 3 bedroom unit that has been owner occupied for many years, and the back unit is a one bedroom unit that has been rented but can be delivered vacant. No Ellis Act to worry about. Property features LARD1.5-1XL zoning in a Tier 3 TOC which allows for up to 4 units by right and 2 ADU’s for a total of 6 units. Proposing a 100% Affordable Housing Project can yield even higher density utilizing AB2345. Just under a mile to the Metro Red Line Subway Station, and blocks to Hollywood Forever, this property boasts a Walker’s Paradise designation by Walk Score, with Good Transit and it is Very Bikeable. With a walk score of 97 this Walker’s Paradise designation, this is among the most in-demand neighborhoods by younger professionals.

Features
: Combination
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Additional Information
Keller Williams Beverly Hills
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CLW-C142491
CLW-X74054
Navid
5534006003
: Standard
One
32

Multi-Family For Sale

6239 Banner Avenue, Los Angeles, California 90038

1,735 Sqft
$1,280,000
Listing ID #24396949
Basic Details
Status : Active
DaysOnMarket : 97
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24396949
Price : $1,280,000
Living Area : 1,735 Sqft
Lot Size : 6,886 Sqft
Year Built : 1913
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90038
Price Per Square Foot : $738
ModificationTimestamp : 2024-08-07 10:09:42
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