6222 Banner Avenue Los Angeles, CA $ 3,795,000
6222 Banner Avenue
$ 3,795,000
Recently Listed New Construction
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6222 Banner Avenue

Los Angeles, CA, 90038
$ 3,795,000
Bedrooms14 Baths14.0 Sq 6,640

Monthly Estimate*

$ 26,509

Listed by Myunits.com Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $3,795,000 with 14 bedrooms and 14 full baths. This 6,640 square foot home was built in 2024 on a lot size of 0.1435.

6222 Banner Ave is an ultra-premium 50% LEASED 2024 fourplex located in A+++ Hollywood proper, just steps from the iconic Santa Monica Blvd! This fourplex is ready to close now: a dream come true for 1031 exchange buyers! Both 4 bed units are currently leased at $5,895 per unit! 6222 Banner Ave is made up of two large 4-bedroom tri-level townhome style units with rooftop decks and two 3-bedroom tri-level townhome style units with rooftop decks! The property boasts 13 parking spots comprised of 6 garage spaces,4 exterior spaces and 3 bonus exterior spaces. The excellent location, paired with the upscale modern units, and sprawling rooftop deck views of the city will make for quick, easy rentals. These premium townhomes feature unbeatable floor plans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, all kitchen appliances included, MASSIVE rooftop decks with Hollywood Sign views, modern glossy cabinets, high ceilings, huge closets, balconies off the living space and bedrooms, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

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Multi-Family Active

Price

$ 3,795,000

Bedrooms

14

Full Bath

14

Property Type

Multi-Family

Taxes

$ 45,517

Style

Modern

Lot Size

0.1435

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB24062286

Days on Market

13

Features
General
Interior Features BedroomonMainLevel
Sewer PublicSewer
Heating Central
Cooling CentralAir
Appliances Dishwasher ElectricOven GasRange Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Garage Spaces 6.0
Architectural Style Modern
Pool Features None
Exclusions https://www.youtube.com/watch?v=Tcllxv_iWrI
Year Built 2024
Tenant Pays AllUtilities
View CityLights Neighborhood
Levels ThreeOrMore
Property SubType Quadruplex
Gross Income 261360.0
Community Features Sidewalks
Accessibility None
County Los Angeles
Net Operating Income 199332.0
Operating Expense 51573.0
Insurance Expense 2656.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction North
Garage Y/N Y
Green Energy Generation Solar
Special Listing Conditions Standard
Status Active
Directions Just North of Santa Monica Blvd between Vine St and N El Centro Ave.
City Los Angeles
Entry Location front
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 7.0
Total Units 4
MLS Area C20 - Hollywood
Lot Size Square Feet 6250.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Banner
Listing Terms Submit
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 45517.0
Electric Expense 600.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 3
Building Area Units SquareFeet
Standard Status Active
Year Built Source Builder
Tax Lot 16
Virtual Tour https://www.myunits.com/buy/6222banner
Total Actual Rent 11790.0
Property Sub Type Additional Quadruplex
Taxes 45517.0
Cap Rate 5.25
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 3
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features WasherHookup Inside
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Assigned
Lot Features FrontYard
Water Source Public
Total Parking 13.0
Lot Size Area 6250.0
Number of Buildings 2
Spa N
Building Area Total 6640.0
Lot Size Acres 0.1435
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 5
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6222
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* Excluded Features
List By
Myunits.Com Inc.

Broker

(818) 859-7242

Phone

Affordability Calculator

$30,302
Per Month
87%
13%
0%
Monthly Principal & Interest
$26,509
Monthly Property Taxes
$3,793
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$3,795,000 Listed Price

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6222 Banner Avenue, Los Angeles, CA, 90038 is a Multi-Family Home for sale at $3,795,000 with 6,640 sqft and a lot size of 0.1435. 6222 Banner Avenue has 14 bedrooms, 14.0 baths, and was built in 2024. The property's zip code is 90038 which is in Los Angeles, CA