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$ 949,000
Est. payment /mo
Active
6525 Holmes AVE Los Angeles, CA 90001
3 Beds
3 Baths
3,347 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,347 sqft
Price per Sqft $283
MLS Listing ID 26830215
Bedrooms 3
HOA Y/N No
Year Built 1915
Lot Size 7,544 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LCC2*
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Private
Total Parking Spaces 10
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6009020017
Special Listing Condition Standard
Listed by Benjamin Shamouelian Exclusive Realty Inc #01703755
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