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6223 Banner Ave, Los Angeles, CA 90038
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6223 Banner Ave Los Angeles, CA 90038

$1,225,000 Sold Price as of 05/15/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,225,000 Sold Price as of 05/15/2023 Refinance Your Mortgage
Map preview of 6223 Banner Ave, Los Angeles, CA 90038

Property Overview: 6223 Banner Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,881 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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!

Listed by Daniel Shamooelian | BRE #01984269 | Keller Williams Beverly Hills
Co-listed by Adam Shamooelian | BRE #02116849 | Keller Williams Beverly Hills
Last checked: 22 seconds ago | Last updated: September 28th, 2023 | Source CRMLS | DOM: 82

Home details

Lot Sq. Ft
6,881
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
23233621
City
Los Angeles
County
Los Angeles
Time on Site
467 days

Property Details for 6223 Banner Ave

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5534006006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd, South of Sunset Blvd, East of Vine St, West of Gower St
View more facts & features

Local Los Angeles Agent

Sale History for 6223 Banner Ave

Last sold for $1,225,000 on May 15th, 2023

  • May, 2023

  • May 15, 2023

    Date

    Sold

    CRMLS: 23233621

    $1,225,000

    Price

  • Jan 18, 2023

    Date

    Active

    CRMLS: 23233621

    $1,500,000

    Price

  • July, 2021

  • Jul 28, 2021

    Date

    Price Change

    CRMLS: 21753998

    $1,685,000

    Price

  • Jun 28, 2021

    Date

    Active

    CRMLS: 21753998

    $1,750,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer the opportunity to acquire this incredible owner user or investment opportunity, located in the heart of Hollywood. This is also a prime development opportunity zoned LARD1.5. The property consists of two (2) spacious units, each with their own entrance, private patio, and fully enclosed garages. Consisting of two separate structures, this duplex was constructed of wood frame and stucco on a raised foundation built in 1999 with a square footage of 2,376 on a 6,881-square foot lot. The building is comprised of a remarkable unit mix, consisting of two (2) 3-Bedroom + 2-Bathroom units. One unit will be delivered vacant, which is great for an owner-user or investment opportunity. The units boasts spacious floor plans, hardwood floors, tiled kitchen floors, Air conditioning in both units (Front unit AC is brand new 5 years old) secured gated entry, in-unit washer & dryers, on-site garaged parking spaces, and individually metered for gas and electricity. The property features a premier location, walking distance to numerous amenities and employment centers (Walk Score of 96) 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.

  • May, 2003

  • May 22, 2003

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • June, 2000

  • Jun 19, 2000

    Date

    Sold (Public Records)

    Public Records

    $333,500

    Price

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Tax History for 6223 Banner Ave

Assessed Value (2020): $768,091
Year Land Value Improved Value Assessed Value
2020 $529,721 $238,370 $768,091

Home Value Compared to the Market

This property vs the competition

6223 Banner Ave sold on May 15, 2023 for 28.57% higher than the current median sold price for the city of Los Angeles which is $1,050,000.

About 6223 Banner Ave

Detailed summary of property

6223 Banner Ave is a land that recently sold in Los Angeles, CA 90038. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,881 square foot lot. 6223 Banner Ave was first listed on ArdentRealEstateGroup.com on January 18, 2023. The homeowner sold the property for $1,225,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.57% higher than the current median priced home. Local homes that are currently for sale include 8918 Thrasher Ave, 1833 W Pico Blvd and 1932 Park Ave. While the average home in Los Angeles, CA is selling in 96 days, 6223 Banner Ave has a days on market of 82 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 6223 Banner Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6223 Banner Ave

Public county record property details
Beds
6
Baths
4
Year built
1999
Sq. Ft.
2,376
Lot Size
6,881
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
5534-006-006

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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6219 Banner Ave, Los Angeles, CA 90038
$1,225,000 Last Sold Price
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-- Sq.Ft.
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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