NOT LISTED FOR SALE

6223 Banner Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $3,375,000 - $3,752,823

0.16 Acre
$22,556,405 Price per Acre
6,881 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $1,225,000 $516 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $19,082/month

82 Days on Market

About This Lot

As of May 2023

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!

Last Agent to Sell the Property

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 01/18/2023

Keller Williams Beverly Hills

Co-Listed By

Adam Shamooelian

Keller Williams Beverly Hills License #02116849

Last Buyer's Agent

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 01/18/2023

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $58,929

Lot Details

  • 6,881 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Property is zoned LARD1.5

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5534-006-006

Property Details

Property Type

Land

Est. Annual Taxes

$58,929

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1580
  • Lot Dimensions: 50x137
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5534-006-006
  • Lot Size Area: 6881

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Taylor Equities 15 Llc and Rh Banner Llc
Bought by
6219 Banner Llc
Current Estimated Value
$2,588,162

Purchase Details

Closed on
Jun 4, 2024
Sold by
Taylor Equities 15 Llc and Rh Banner Llc
Bought by
6219 Banner Llc

Purchase Details

Listed on
Jan 18, 2023
Closed on
Apr 13, 2023
Sold by
La21g Llc
Bought by
Taylor Equities 15 Llc
Seller's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
List Price
$1,500,000
Sold Price
$1,225,000
Premium/Discount to List
-$275,000
-18.33%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$1,200,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2021
Closed on
Oct 25, 2021
Sold by
May Carol and Carrasco John
Bought by
La21g Llc
Seller's Agent
Davis Saadian
Keller Williams Hollywood Hills
Buyer's Agent
Davis Saadian
Keller Williams Hollywood Hills
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.52%
Original Mortgage
$1,338,750
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2013
Sold by
May Carol S
Bought by
May Carol and Carrasco John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2009
Sold by
Broadley Timothy
Bought by
May Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Cuck Louis
Bought by
May Carol S and Carrasco John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.77%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Cuck Janet
Bought by
Cuck Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
8.27%

Purchase Details

Closed on
May 22, 2000
Sold by
Flores Adelso
Bought by
Cuck Louis and Cuck Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
8.27%

Purchase Details

Closed on
Aug 31, 1998
Sold by
Grabrovac Marjorie E
Bought by
Flores Adelso
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
6219 Banner Llc $3,325,000 Commonwealth Land Title
6219 Banner Llc $3,325,000 Commonwealth Land Title
Taylor Equities 15 Llc $2,400,000 Fidelity National Title
La21g Llc $1,575,000 North American Title Company
May Carol -- Lawyers Title Sd
May Carol S -- Fidelity National Title Co
May Carol S -- Fidelity National Title Co
May Carol S $580,000 First American Title Co
Cuck Louis -- Stewart Title
Cuck Louis $333,500 Stewart Title
Flores Adelso $47,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Equities 15 Llc $1,200,000
Previous Owner La21g Llc $1,338,750
Previous Owner May Carol $338,000
Previous Owner May Carol S $362,000
Previous Owner May Carol S $400,000
Previous Owner Cuck Louis J $303,272
Previous Owner Cuck Louis $299,000
Previous Owner Flores Adelso $148,228
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,225,000 -9.3% $516 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $1,350,000 -10.0% $568 / Sq Ft
01/18/2023 01/18/23 For Sale $1,500,000 -4.8% $631 / Sq Ft
11/18/2021 11/18/21 Sold $1,575,000 -6.5% $663 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
07/28/2021 07/28/21 Price Changed $1,685,000 -3.7% $709 / Sq Ft
06/28/2021 06/28/21 For Sale $1,750,000 -- $737 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $58,929 $3,391,500 $3,391,500 --
2024 $58,929 $4,896,000 $4,896,000 --
2023 $19,684 $1,606,500 $1,606,500 $0
2022 $18,771 $1,575,000 $1,575,000 $0
2021 $9,431 $776,047 $535,208 $240,839
2019 $9,151 $753,032 $519,335 $233,697
2018 $9,034 $738,267 $509,152 $229,115
2016 $8,626 $709,601 $489,382 $220,219
2015 $8,501 $698,944 $482,032 $216,912
2014 $8,537 $685,253 $472,590 $212,663
Source: Public Records

Agents Affiliated with this Home

  • Daniel Shamooelian

    Seller's Agent in 2023

    Daniel Shamooelian

    Keller Williams Beverly Hills

    (310) 651-1800

    9 in this area

    43 Total Sales

    Section Image
  • Adam Shamooelian

    Seller Co-Listing Agent in 2023

    Adam Shamooelian

    Keller Williams Beverly Hills

    (310) 432-6400

    3 in this area

    47 Total Sales

    Section Image
  • Davis Saadian

    Seller's Agent in 2021

    Davis Saadian

    Keller Williams Hollywood Hills

    (310) 402-8958

    1 in this area

    78 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-233621

The MLS

APN: 5534-006-026

California Los Angeles County Los Angeles 90038 Hollywood

6223 Banner Ave, Los Angeles, CA

This home is located at 6223 Banner Ave, Los Angeles, CA 90038 since 18 January 2023 and is currently estimated at $3,563,912, approximately $1,499 per square foot. 6223 Banner Ave is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hollywood Elementary School, and Joseph Le Conte Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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