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9324 Holmes Ave, Los Angeles, CA 90002
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9324 Holmes Ave Los Angeles, CA 90002

$865,000 Sold Price as of 02/23/2021
  • 8 Beds
  • 7 Baths
  • 3,604 Sq.Ft.
Sold
$865,000 Sold Price as of 02/23/2021 Refinance Your Mortgage
Map preview of 9324 Holmes Ave, Los Angeles, CA 90002

Property Overview: 9324 Holmes Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, 3,604 living square feet and 7,153 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great rental income property located in the south central area. Built in 2013, No Rent Control and updated in 2018. It's a DUPLEX property each unit is 4 bed/3 bath, plus a permitted single family (400 sqft. studio) dwelling unit at the back of the garage. Please do not disturb tenants. Excellent investment for a first time buyer or investor. High gross annual income at $84,360 with a 7% cap rate. This property is close to shopping centers and major transits. Kitchen cabinets with Granite counter tops. Recessed lighting. Tile flooring in the kitchen, living room, and bathrooms. Laminate in the bedrooms. Detached 2 car garage plus 3 car spots at the back of the property.

Listed by Sarah Piazza | BRE #01301300 | HomeSmart, Evergreen Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
7,153
HOA Dues
$0/mo
Year built
2013
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
OC20202095
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,850
  • Total Rent: $2,850
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $980
  • Total Rent: $980
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,360
  • Net Operating Income: $60,993
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,367
  • New Taxes: $10,167
  • Trash: $0
  • Insurance: $1,200
  • Other Expenses: $12,000
  • Other Expense Description: utility

Property Details for 9324 Holmes Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range, Gas Water Heater
Interior Features
  • Copper Plumbing Full
  • Window Features: Double Pane Windows, Insulated Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6048033014
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Between Compton Ave and west Alameda Ave, between 92nd st and 97th st.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 9324 Holmes Ave

Last sold for $865,000 on February 23rd, 2021

  • February, 2021

  • Feb 24, 2021

    Date

    Sold

    CRMLS: OC20202095

    $865,000

    Price

  • Jan 12, 2021

    Date

    Active Under Contract

    CRMLS: OC20202095

    $849,000

    Price

  • Dec 4, 2020

    Date

    Price Change

    CRMLS: OC20202095

    $849,000

    Price

  • Nov 20, 2020

    Date

    Price Change

    CRMLS: OC20202095

    $865,000

    Price

  • Sep 26, 2020

    Date

    Active

    CRMLS: OC20202095

    $880,000

    Price

  • February, 2021

  • Feb 18, 2021

    Date

    Sold (Public Records)

    Public Records

    $865,000

    Price

  • July, 2019

  • Jul 26, 2019

    Date

    Canceled

    CRMLS: OC19134835

    $879,000

    Price

  • Jul 10, 2019

    Date

    Active

    CRMLS: OC19134835

    $879,000

    Price

  • Jul 8, 2019

    Date

    Active Under Contract

    CRMLS: OC19134835

    $879,000

    Price

  • Jun 8, 2019

    Date

    Active

    CRMLS: OC19134835

    $879,000

    Price

  • Listing provided courtesy of CRMLS

    Great rental income property located in the south central area. Built in 2013, and updated in 2018. It's a DUPLEX property each unit is 4 bed/3 bath, plus a LEGALIZED 400 sqft. studio dwelling unit at the back. Please do not disturb tenants. Excellent investment for a first time buyer or investor. High gross annual income at $79,800 with a high cap rate. This property is close to shopping centers and major transits. Kitchen cabinets with Granite counter tops. Recessed lightings. Tile flooring in the kitchen, living room, and bathrooms. Laminate in the bedrooms. Detached 2 car garage plus 3 car spots at the back of the property.

  • September, 2013

  • Sep 4, 2013

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

Show More

Tax History for 9324 Holmes Ave

Assessed Value (2020): $820,359
Year Land Value Improved Value Assessed Value
2020 $318,362 $501,997 $820,359

Home Value Compared to the Market

This property vs the competition

9324 Holmes Ave sold on February 23, 2021 for 28.66% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $235.57 per/sqft which puts the price per square foot 68.8% lower than the current median sale per square foot for the city of Los Angeles.

About 9324 Holmes Ave

Detailed summary of property

9324 Holmes Ave is a duplex that recently sold in Los Angeles, CA 90002. This duplex offered 8 bedrooms, 7 bathrooms, roughly 3,604 living square feet, and sits on an approximately 7,153 square foot lot. 9324 Holmes Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $865,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.66% lower than the current median priced home. Local homes that are currently for sale include 11111 Wilmington Ave, 913 E 87th St and 1128 E 82nd St. While the average home in Los Angeles, CA is selling in 92 days, 9324 Holmes Ave has a days on market of 108 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 9324 Holmes Ave Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9324 Holmes Ave

Public county record property details
Beds
9
Baths
7
Year built
--
Sq. Ft.
3,604
Lot Size
7,153
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
62
APN
6048-033-014

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$587,000
Median List Price/Sq.Ft.
$485
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
38
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

Thinking of Selling?

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(714) 706-1823

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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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