10 bedroom house for sale

Overview

There is ample parking in the rear, accommodating up to 6 cars for both residents and commercial tenants

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. For more details and to contact: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71708047