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6212 Banner Ave
Los Angeles, CA 90038
6212 Banner Ave · Land For Sale · 0.14 AC

INVESTMENT HIGHLIGHTS

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

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Planned Unit Development
  • Single Family Development
Total Lot Size 0.14 AC
No. Stories 1
Zoning LARD1.5-1XL

DESCRIPTION

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

  • Listing ID: 30693118

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 6212 Banner Ave, Los Angeles, CA 90038

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