6212 Banner Avenue
Los Angeles, CA 90038
$195,000.00 (+15%)
Active for $1,495,000
Beds: 2 Baths: 1 Structure Size: 1,168 sqft Lot Size: 6,225 sqft
MLS | SR24204809 |
Year Built | 1911 |
Property Type | Single Family Residence |
County | Los Angeles |
Status | Active |
Active | $1,495,000 |
Structure Size | 1,168 sqft |
Lot Size | 6,225 sqft |
Beds | 2 |
Baths | 1 |
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!
Listing information courtesy of: Racquel Wilder, Pinnacle Estate Properties, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.