6223 Banner AVE Los Angeles, CA 90038

PRICE REDUCED for quick sale! We are pleased to present the opportunity to acquire this 13,761 SF Prime Hollywood Development opportunity located at 6219 & 6223 Banner Ave (Each lot is priced at $1.5 million for a combined asking price of $3 million for both lots, lots must be sold together.) The site offers a zoning ordinance of LARD1.5, TOC Tier 2, which allows for the construction of 9 units by right or up to 14 units using TOC Tier 2 incentives, plus the ability to add 3 ADU's for a total of 17 units! (Buyer to verify) In addition, the site is located within a qualified Opportunity Zone! The two adjacent lots have already been graded = save on demolition costs! Current owner has approved RTI plans for double duplex units on 6223 Banner, plans for 6219 Banner are currently in process with LADBS. Plans are available upon request. With a Walk Score of 96, the property features a premier location, walking distance to numerous amenities & employment centers and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal. Do not miss this opportunity to acquire a rare double lot in a phenomenal location and qualified opportunity zone. Lots of new development nearby. Buyer to verify all zoning info with LADBS. Contact listing agent for more details!