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… Read More 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. Read Less
Property listed by Exclusive Realty Inc, Benjamin Shamouelian 310-259-7556
Listing Snapshot
Days Online
43
Last Updated
Beds
3
Square Ft.
3,347
Lot Size
0.17 Acres
Year Built
1915
MLS Number
26830215
Additional Details
Building
Built in 1915, Living area: 3347.0, 1 building, 2 stories, Levels: Two
Cooling
WallWindowUnits
Income
Gross Income: $73,350, Net Operating Income: $55,013
Lot
0.1732 acres, Dimensions: 50x151
Parking
8 open parking spaces, 10 total parking spaces, Private
Taxes
Parcel Number: 6009020017, Zoning: LCC2*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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