6007 Holmes Avenue
6007 Holmes Avenue
$699,000
10
5
—
—
—
Pending
Description
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...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.
- Listed by Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 951-902-3006
- Listed by Olga Wright • DRE #01315042 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 6007 Holmes Avenue
View
None
Parking Spaces Total0
Private PoolNo
Cooling TypeNone
Total Units5.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2
Location
LISTING UPDATED: 04/24/2024 03:20 AM
Property Details for 6007 Holmes Avenue
Status | Pending |
---|---|
MLS # | SB24017998 |
Days on Market | 41 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1926 |
Lot Size | 0.16 AC / 6,828 SF |
County | Los Angeles County |
Location
Building Information for 6007 Holmes Avenue
Stories1Residences-Year Built1926Building Size-Lot Size0.16 AC / 6,828 SF
Payment Calculator
$4,331 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6007 Holmes Avenue
Property History for 6007 Holmes Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6007 Holmes Avenue
Taxable ValueLand$95,645Additions$226,277Total$321,922
Tax Record2023$6,188 ($516 / month)
Home Facts
Total Finished SqFt3,392 SqFtAbove Grade Finished SqFt3,392 SqFtStories1Lot Size6,826 SqFtStyleOffice BuildingYear Built1926ZoningLCC2*CountyLOS ANGELESAPN6009-008-012
Schools near 6007 Holmes Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lillian Street Elementary School PublicK to 6 | ||
Thomas A. Edison Middle School Public6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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