6212 Banner Ave, Los Angeles, CA 90038 - View 1
6212 Banner Ave, Los Angeles, CA 90038 - View 2
6212 Banner Ave, Los Angeles, CA 90038 - View 3
6212 Banner Ave, Los Angeles, CA 90038 - View 4
6212 Banner Ave, Los Angeles, CA 90038 - View 5
6212 Banner Ave, Los Angeles, CA 90038 - View 6
6212 Banner Ave, Los Angeles, CA 90038 - View 7

6212 Banner Ave, Los Angeles, CA 90038

Sale Price: $1,210,000
Oct 4, 20241,168 sqft2 beds1 baths
Listed by: Racquel Wilder
License #: 02136109
Phone #: 661-705-3200
Pinnacle Estate Properties, Inc.
Source:
CRMLS Logo
MLS #: SR24204809

Property Description

ATTENTION: DEVELOPERS, BUILDERS, ARCHITECTS and INVESTORS!! This is the chance you’ve been waiting for! Located in the heart of Hollywood and ZONED LARD 1.5, this property offers endless potential for redevelopment. Currently featuring a single-family home, the lot presents the perfect canvas for adding multiple dwellings or creating a high-yield investment project. Take advantage of the FLEXIBLE ZONING to subdivide the lot and maximize income potential! Surrounded by new developments on the same block, this is a rare opportunity to acquire a property with significant upside in one of the most sought-after areas of the city. Don’t let this unique opportunity pass you by—expand your portfolio and capitalize on the future of Hollywood!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$16,941

TurboHome Estimated Value

$1,312,200

$1,123 sqft

High Valuation
$1,377,810
$1180/sqft
Normal Valuation
$1,312,200
$1123/sqft
Low Valuation
$1,246,590
$1067/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1123/sqft$1,312,200

Neighborhood: Hollywood

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Comparative Value

$854K

$924K

$1.21M

$1.50M

6202 Banner Ave 2, Los Angeles, CA 90038

Sale Price: $854,000

Selected Comparable

5806 Waring Ave 5, Los Angeles, CA 90038

Sale Price: $866,800

Selected Comparable

1120 N El Centro Ave 14, Los Angeles, CA 90038

Sale Price: $924,000

Selected Comparable

1120 N El Centro Ave 9, Los Angeles, CA 90038

Sale Price: $935,000

Selected Comparable

6212 Banner Ave, Los Angeles, CA 90038

Sale Price: $1,210,000

Selected Comparable

6212 Banner Ave, Los Angeles, CA 90038

List Price: $1,495,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
6212 Banner Ave, Los Angeles, CA 90038

6212 Banner Ave, Los Angeles, CA 90038

List: $1,495,000

Listed: 10/4/2024

Area:1,168 sqft
Price/sqft:$1,280
Beds:2
Baths:1
Year Built:
Lot Size:6,225

Comparable Properties

COMPARABLE
Choose comps
6212 Banner Ave, Los Angeles, CA 90038

6212 Banner Ave, Los Angeles, CA 90038

Sale: $1,210,000

4/24/20250.00 mi

Area:1,168 sqft
Price/sqft:$1,036
Beds:2
Baths:1
Year Built:
Weight:25.2%
1120 N El Centro Ave 14, Los Angeles, CA 90038

1120 N El Centro Ave 14, Los Angeles, CA 90038

Sale: $924,000

2/19/20250.05 mi

Area:1,320 sqft
Price/sqft:$700
Beds:2
Baths:2
Year Built:
Weight:19.6%
6202 Banner Ave 2, Los Angeles, CA 90038

6202 Banner Ave 2, Los Angeles, CA 90038

Sale: $854,000

2/25/20250.01 mi

Area:1,354 sqft
Price/sqft:$631
Beds:2
Baths:2
Year Built:
Weight:19.4%
5806 Waring Ave 5, Los Angeles, CA 90038

5806 Waring Ave 5, Los Angeles, CA 90038

Sale: $866,800

1/16/20250.44 mi

Area:1,320 sqft
Price/sqft:$657
Beds:2
Baths:2
Year Built:
Weight:18.5%
1120 N El Centro Ave 9, Los Angeles, CA 90038

1120 N El Centro Ave 9, Los Angeles, CA 90038

Sale: $935,000

4/21/20250.05 mi

Area:1,520 sqft
Price/sqft:$615
Beds:2
Baths:2
Year Built:
Weight:17.4%

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