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6007 Holmes Avenue Los Angeles, CA $ 699,000
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$ 699,000 Get more info
6007 Holmes Avenue
$ 699,000
Back to search
Share Save

6007 Holmes Avenue

Los Angeles, CA, 90001
$ 699,000
Bedrooms10 Baths5.0 Sq 2

Monthly Estimate*

$ 4,883

Listed by Lyon Stahl Investment Real Estate, Inc.
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 1
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 2
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 3
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 4
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 5
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 6
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 7
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 8
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 9
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 10
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 11
6007 Holmes Avenue, Los Angeles, CA 90001 - Image 12

Multi-Family Home for sale in Los Angeles, CA

for $699,000 with 10 bedrooms and 5 full baths. This 2 square foot home was built in 1926 on a lot size of 0.1567.

HUGE PRICE DROP for quick sale. 6007 Holmes Ave is a mix-use property on a high traffic street. The property offers a combination of 3 residential units in the back and 2 commercial storefront spaces in the front. One of the commercial spaces in front is vacant and presents an excellent owner-user opportunity. ***Residential units are a mix of one 4Bedroom/1Bath and two 2Bedroom/1Bath units that generate $3,145/mo. in addition to Salon (rented at $1,200/mo.) and the vacant space that can be rented at $2000/mo. The HIGHEST CASH FLOW income property on the market at current 9.1 GRM and 7.4% Cap Rate. ***Boasting 3,392 SF of building on a generous 6,826 SF of land, this strategically located space presents a multitude of possibilities. The LAC2 zoning adds versatility, allowing for various commercial uses and contributing to the property's appeal. There is ample parking in the rear, accommodating up to 6 cars for both residents and commercial tenants. Whether you're an experienced investor or entering the real estate market, this property offers a compelling blend of contemporary living spaces and thriving commercial potential. Please do not disturb the tenants. This property is located in LA City, providing flexibility in land use and development.

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Multi-Family Active

Price

$ 699,000

Bedrooms

10

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.1567

Year Built

1926

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB24017998

Days on Market

110
Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Utilities None
Roof None
Zoning LCC2*
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1926
Electric Standard
Tenant Pays Electricity Gas
View None
Stories 1
Levels One
Property SubType MixedUse
Gross Income 0.0
Community Features Sidewalks
Accessibility None
County Los Angeles
Net Operating Income 51941.0
Operating Expense 20392.0
Insurance Expense 2205.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions South Randolph St and West Alameda
City Los Angeles
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 6828.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name Holmes
Listing Terms Cash Item1031Exchange
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 1000.0
Water Sewer Expense 4000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 41
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 11
Property Sub Type Additional MixedUse
Taxes 8738.0
Cap Rate 7.43
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing None
Lot Features Item01UnitAcre
Water Source Public
Total Parking 0.0
Lot Size Area 6828.0
Number of Buildings 2
Spa N
Building Area Total 2.0
Lot Size Acres 0.1567
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6007
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

(951) 902-3006

Phone

Affordability Calculator

$4,883
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,883
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/22/2024$699,000 -17.76% Price Down
1/30/2024$850,000 Listed Price

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6007 Holmes Avenue, Los Angeles, CA, 90001 is a Multi-Family Home for sale at $699,000 with 2 sqft and a lot size of 0.1567. 6007 Holmes Avenue has 10 bedrooms, 5.0 baths, and was built in 1926. The property's zip code is 90001 which is in Los Angeles, CA

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