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6525 Holmes Ave, Los Angeles, CA 90001
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6525 Holmes Ave Los Angeles, CA 90001

$585,000 Sold Price as of 04/11/2019
  • 4 Beds
  • 3 Baths
  • 3,347 Sq.Ft.
Sold
$585,000 Sold Price as of 04/11/2019 Refinance Your Mortgage
Map preview of 6525 Holmes Ave, Los Angeles, CA 90001

Property Overview: 6525 Holmes Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 3,347 living square feet and 7,543 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A GREAT OPPORTUNITY FOR INVESTMENT 2 UNITS ON SECOND FLOOR ONE WITH 2-BED 1-BATH THE OTHER 1-BED 1-BATH AND A MINI MARKET DOWNSTAIRS. NOTE THAT SELLER IS ONLY SELLING THE REAL ESTATE NOT THE BUSINESS.

Listed by Amanda Amaral | BRE #02010103 | United Real Estate Pacific States
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 359

Home details

Lot Sq. Ft
7,543
HOA Dues
$0/mo
Year built
1915
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW18130505
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $36,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,300
  • New Taxes: $8,100
  • Trash: $960
  • Insurance: $1,500
  • Water/Sewer: $1,500

Property Details for 6525 Holmes Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6009020017
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Main cross street Slauson Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 6525 Holmes Ave

Last sold for $585,000 on April 11th, 2019

  • April, 2019

  • Apr 11, 2019

    Date

    Sold

    CRMLS: DW18130505

    $585,000

    Price

  • Mar 15, 2019

    Date

    Pending

    CRMLS: DW18130505

    $650,000

    Price

  • Jun 26, 2018

    Date

    Active

    CRMLS: DW18130505

    $650,000

    Price

  • April, 2019

  • Apr 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • March, 2019

  • Mar 21, 2019

    Date

    Expired

    CRMLS: DW18066296

    $650,000

    Price

  • Jun 26, 2018

    Date

    Withdrawn

    CRMLS: DW18066296

    $650,000

    Price

  • Mar 22, 2018

    Date

    Active

    CRMLS: DW18066296

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    A great opportunity for investment 2 units on second floor one with 2-bed 1-bath the other 1-bed 1-bath and a mini market downstairs. Note that seller is only selling the Real Estate not the business.

  • January, 2019

  • Jan 1, 2019

    Date

    Expired

    CRMLS: DW18217872

    $65,000

    Price

  • Sep 6, 2018

    Date

    Active

    CRMLS: DW18217872

    $65,000

    Price

  • Listing provided courtesy of CRMLS

    MARKET IS IN A GOOD LOCATION VERY BUSY AREA & STREET. NEAR FLORENCE & GAGE. LOTS OF POTENTIAL, GROCERY SELLS BEER, WINE , HAS EBT & A NEAT DEPARTMENT. INVENTORY INCLUDED IN THE ASKING PRICE. FAMILY RUNS BUSINESS THERE ARE NO EMPLOYEES.

  • July, 2016

  • Jul 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $482,000

    Price

Show More

Tax History for 6525 Holmes Ave

Assessed Value (2020): $596,700
Year Land Value Improved Value Assessed Value
2020 $377,400 $219,300 $596,700

Home Value Compared to the Market

This property vs the competition

6525 Holmes Ave sold on April 11, 2019 for 42.48% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $194.2 per/sqft which puts the price per square foot 74.24% lower than the current median sale per square foot for the city of Los Angeles.

About 6525 Holmes Ave

Detailed summary of property

6525 Holmes Ave is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 3,347 living square feet, and sits on an approximately 7,543 square foot lot. 6525 Holmes Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $585,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.48% lower than the current median priced home. Local homes that are currently for sale include 935 E 32nd St, 172 E 43rd ST and 232 W 49th St. While the average home in Los Angeles, CA is selling in 99 days, 6525 Holmes Ave has a days on market of 359 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 6525 Holmes Ave Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6525 Holmes Ave

Public county record property details
Beds
--
Baths
--
Year built
1915
Sq. Ft.
3,347
Lot Size
7,542
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
25,26
APN
6009-020-017

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$600,000
Median List Price/Sq.Ft.
$567
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$474
Total Inventory
29
Median Sale to List Price %
103.08%
Avg Days on Market
36
Loan Type
Conventional (37.5%), FHA (62.5%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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