6525 Holmes Ave

Los Angeles, CA 90001
  • $849,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 3,347

    SqFt

About the Listing CLW-X83407 - CLW-X83499

Great mixed use income property on a large 7545 sq.ft. corner lot. Ground floor unit on Holmes ave. is a mini market tenant that has beer & wine license. The market is currently paying $2916.50 per month and has appr. 3 years remaining on their 5 year lease with a 5 year option with rent increase each year. There are also two residential tenants on the 2nd floor : There is a 2 bedroom/1 bath unit paying $1591 per month & $50 per month to park an extra car. The 1 Bedroom/1 bath unit is paying $1580 per month. Owner pays for Water. There are two storage garages on the lot. One is being used by the 2 bedroom unit tenant. One is vacant and not used. There is also a advertising sign on the side of the building that the owner receives a few hundred dollars per year. Great for long term hold and/or possibility of adding additional units on the property. Also great for a 1031 Exchange. Buyer and/or Buyers agent to check for themselves as to what can be built there. Property is currently under the County of Los Angeles.

Listing Highlights

Status Active
Days on Site 40
Property Type Multi-Family
MLS ® 25630479
Year Built 1915
Total Square Footage 3,347
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 50x151
  • Zoning: LCC2*
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6009020017
  • Tax Year: N/A

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6525 Holmes Ave Los Angeles, CA 90001

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Originating MLS: CRMLS

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