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$ 849,000
Est. payment | /mo
3,347 SqFt
$ 849,000
Est. payment | /mo
3,347 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,347 sqft
Price per Sqft $253
MLS Listing ID 25630479
HOA Y/N No
Year Built 1915
Lot Size 7,544 Sqft
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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LCC2*
Interior
Fireplace No
Exterior
Parking Features Driveway
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6009020017
Special Listing Condition Standard
Listed by Benjamin Shamouelian Exclusive Realty Inc
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