Check Availability
$3,600,000
↓ $250K (6.5%)
Land - For Sale

6219 Banner Ave

Los Angeles, CA 90038
bedrooms
Studio
bathrooms
0 Bath
$17,677
Estimated Monthly
$0
HOA / Fees

About This Property

REDUCED!  We are proud to exclusively present for sale a Ready-to-Issue 64 Unit 100% Affordable Housing Project in Hollywood!  The design is mostly stacked and features 1 bedroom and studio units.  Just under a mile to the Metro Red Line Subway Station, and blocks to Hollywood Forever, this property boasts a Walker's Paradise designation by Walk Score, with Good Transit and it is Very Bikeable.  Surrounded by all types of jobs and smack in the middle of Los Angeles, this lot qualifies for Small Area Fair Market Rents of Tier 1!  Listing includes two contiguous lots with APNs 5534-006-006 and 5534-006-007.
Unit Size
-
Days on Market
167 days
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1911
Last updated: 4 months ago (CLAWCA #332827)

Price History

Date / Event Date Event Price
Jan 31, 2024 Price Decreased $3,600,000
↓ $250K (6.5%)
Price Decreased
Nov 16, 2023 Listed by KELLER WILLIAMS BEVERLY HILLS REALTY $3,850,000
Listed by KELLER WILLIAMS BEVERLY HILLS REALTY
Sep 27, 2021 Sold $1,550,000
Sold
Jan 4, 2000 Sold to Julianne M Long $205,000
Sold to Julianne M Long

Property Highlights

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,880
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,492
  • Building Area: 1,492
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BANNER TRACT #2
  • Land Acres: 0.158
  • Legal Description 1: THE BANNER TRACT NO 2 LOT/SEC 30

Ownership

  • Current Owner : LA21G LLC
  • Previous Owner : LONG JULIANNE M
  • Previous Owner 2: CHANG SERENA J
  • Owner Before Previous Owner: FORTUNE MARK A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 190801

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-C4
  • Subdivision Tract Number: 2
  • Parcel: 5534-006-007
  • Lot: 30
  • Municipality: WEST /HOLLYWOOD
  • Latitude: 34.0919
  • Longitude: -118.325

    Address

  • Full Address: 6219 Banner Ave
  • Address - House Number: 6219
  • Address - Street Name: Banner
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 2801
  • Zip Code: 90038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,424
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 96
  • Final Value: 1,326,368
  • High Value: 1,416,246
  • Low Value: 1,236,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,581,000
  • Assessed Land Value: $1,259,904
  • Assessed Improvements Value: $321,096

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Sep 27, 2021
  • Current Sale Transaction ID: 11857100553
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21-1466571
  • Previous Sale Recording Date: Jan 04, 2000
  • Previous Sale Contract Date: Dec 20, 1999
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: GOLDMAN SACHS BANK USA
  • First Mortgage Transaction Date: Sep 27, 2021
  • First Mortgage Loan Amount: $1,317,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: GREENPOINT MTG FUNDING INC
  • Previous Mortgage Transaction Date: Jan 04, 2000
  • Previous Mortgage Loan Amount: $184,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2030

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$3,895,000 Aug 15, 2023
-
-
Other
Loft
-
4,597 ft²
$870/ft²
$3,998,000 Nov 6, 2023
-
-
Other
Loft
-
4,935 ft²
$689/ft²
$3,400,000 Oct 7, 2023
-
-
Multifamily
13 Beds
-
8,500 ft²
$494/ft²
$4,200,000 Oct 4, 2023
-
-
House
5 Beds
5.5 Baths
4,116 ft²
$848/ft²
$3,490,000 Sep 30, 2023
-
-

About Central LA


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Frequently Asked Questions

When was property at 6219 Banner Avenue built and last sold?
The property at 6219 Banner Avenue was built in 1911 and last sold on Aug 16, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 6219 Banner Avenue is $3,888,500.
What are some comparable homes to 6219 Banner Avenue?
Homes that are comparable to 6219 Banner Avenue include a land property at 1325 North June Street, a other property at 1303 North Citrus Avenue, 5819 Carlton Way.

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