6525 Holmes Avenue

Property Overview

7% Cap. 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. 2 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 $1660 per month plus $150 per month for renting 1 garage storage space. Owner pays for Water. There are two storage garages on the lot. One is being used by the 2 bedroom unit tenant and one is being used by 1 bedroom unit tenant. There is also a advertising sign on the side of the building that the owner receives a few hundred dollars per year. Appr. $6400 gross income per month. 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.

Home Details

Property type: Residential Income
Year built: 1915
Living area: 3,347 sq ft
Lot size: 7,545 sq ft
Parking: 10 spaces
Stories: 2
Days on market: 166
MLS status: Active
Zoning: LCC2*

Features & Amenities

Parking

Private

Community, Schools & Utilities

Utilities

Cooling: WallWindowUnits

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Location & Neighborhood

Los Angeles, CA 90001

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Frequently Asked Questions About 6525 Holmes Avenue

Property type: Residential Income

The current asking price is $849,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 6525 Holmes Avenue. Our team will confirm availability and timing.

This 3 bedrooms and 3 bathrooms property offers approximately 3,347 square feet of living space. It was built in 1915. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 166 days. Status can change, so verify availability before relying on it.