6212 Banner Ave, Los Angeles, CA 90038

0.14 Acres of Residential Land Offered at $1,350,000 USD in Los Angeles, CA 90038

Asking Price $1,350,000

Property Type
Land
Square Feet
6,098 SF

Listing Contacts

P. Nathan Bahmanyar
P. Nathan Bahmanyar

Property Overview

*** P R I C E ___ R E D U C T I O N***
ATTENTION DEVELOPERS, BUILDERS, ARCHITECTS
THINK SPACE REAL ESTATE, INC is pleased to exclusively present the opportunity to purchase 6212 Banner Ave, a flat lot in the prime Hollywood location for a multi-unit development project. Currently there is a single family home on the lot with 1,168 square feet formerly occupied by a Hollywood Talent Agency for many years. Situated among multiple brand new developments on the same block on both sides of Banner Ave, Excellent Hollywood Location with close proximity to Hollywood Landmarks, Amenities, and Movie Studios.
Highly Amenitized Sub-Market: Within Minutes to World Class Dining, Shopping and Entertainment
Tier 2, possible to build 24 to 27 Units of 100% Affordable Housing Project in midst of Hollywood (Buyer to investigate further)
About a mile distance to the Metro Red Line Subway Station and all shops and restaurants make this location a Walker’s Paradise designation with Walk Score of 90 out of 100 and easy access to the Freeways and Metro Stops
Buyers to perform all due diligence in regards to city building requirements and permits.
Property being sold AS-IS for land value only.
Property will be delivered vacant by seller.
ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED

Property Details

Property Subtype
Residential/Multifamily

Highlights

  • ***** P R I C E _____ R E D U C T I O N*****
  • FLAT LOT ZONED LA RD1.5
  • A FEW MINUTES TO SUNSET/VINE & HOLLYWOOD MEDIA DISTRICT - HEAVY DAYTIME TRAFFIC
  • CLOSE PROXIMITY TO HOLLYWOOD FOREVER AND ALL MAJOR STUDIOS
  • MULTIPLE NEW DEVELOPMENTS TAKING PLACE IN NEIGHBORING LOTS ON BANNER AVE

All available spaces

Space
Lot 1
Size
6,098 SF
Price
$1,495,000

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