6223 BANNER AVENUE, LOS ANGELES, CA 90038

  • Lot Size: 6,881 sqft
  • MLS #23233621
For Sale $1,500,000

Description

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. In addition the site is located within an 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!

FACTS / FEATURES

  • Lot Size: 6,881 sqft
  • View: None

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Listing Provided by Daniel Shamooelian, BRC Advisors- BH
Based on information from California Regional Multiple Listing Service, Inc. as of February 1, 2023. 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.