6525 Holmes Ave, Los Angeles, CA 90001
6525 Holmes Ave, Los Angeles, CA 90001
6525 Holmes Ave, Los Angeles, CA 90001
6525 Holmes Ave, Los Angeles, CA 90001
6525 Holmes Ave, Los Angeles, CA 90001
6525 Holmes Ave, Los Angeles, CA 90001
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Armand Martin

Armand Martin

+1(661) 221-5011
$ 949,000
Est. payment | /mo

3 Beds

3 Baths

3,347 SqFt

Save
$ 949,000
Est. payment | /mo
Save

3 Beds

3 Baths

3,347 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,347 sqft

Price per Sqft $283

MLS Listing ID 26830215

Bedrooms 3

Year Built 1915

Lot Size 7,545 Sqft

Acres 0.1732

Property Sub-Type Multi-Family

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 Downtown L.A.

Zoning LCC2*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Wall/Window

Equipment Range/Oven

Exterior

Parking Features Private, Private Garage

Garage Spaces 10.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
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Listed by Exclusive Realty Inc

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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6525 Holmes Ave