6525 Holmes Ave, Los Angeles, CA 90001

$899,000
3
BD
3
BA
3,347
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$899,000
Price Change
▼ $50,000 1782172140
MLS#
26830215
Year Built
1915
Bedrooms
3
Bathrooms
3
Living Sq. Ft
3,347
Lot Size
7,545
Days on Market
155
Property Type
Multifamily
Stories
2

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.

Additional Information

Other Buildings
Other
Heat
Other
Cooling
Wall/Window
Number of Cars in Garage
Private, Private Garage

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Exclusive Realty Inc, Benjamin Shamouelian - CA DRE#01703755

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).