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(323) 864-4211
Linda Roth Burrell
6525 Holmes Ave, Los Angeles, CA 90001
- $899,000
- 3
- BD
- 3
- BA
- 3,347
- SqFt
- 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
Courtesy of Exclusive Realty Inc, Benjamin Shamouelian - CA DRE#01703755
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