Mixed-Use Property with
For Sale
$849,000
6525 Holmes Ave, Los Angeles, CA 90001
Residential Income, Los Angeles, CA
Property Size3,347 SF
Lot Size0.17 Acres
Price / SF$253.66
Days on Market185
Property Features for 6525 Holmes Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LCC2*
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 2
Parking
10
Parking features
Garage
Directions
Take I-10 East To Exit Long Beach Ave. Turn left drive to E. 55th Street turn left. Drive to Holmes Ave. turn right. Drive to E. 66th Street. Property on the Corner of E 66th Street and Holmes Ave.
Subdivision
Downtown L.A.
Standard status
Active
APN
6009-020-017
Size
3,347 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Utilities
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1915
Floors in Building
2
Number of units
3
Listing Agency:
Exclusive Realty Inc
(424) 248-0224
Listed By:
Benjamin Shamouelian · License #01703755
(310) 500-9164
Added: May 5
Changed: Oct 29
Last Checked: Nov 5 at 8:06AM
MLS# 26830215
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,347-square-foot mixed-use building sits on a 7,545-square-foot corner lot and contains a ground-floor mini market with two apartments above. The residential units comprise one two-bedroom, one-bath apartment and one one-bedroom, one-bath apartment. Two storage garages serve the residential tenants, and the property also has garage parking, wall/window cooling, and an advertising sign on the building’s side. Built in 1915, the property is zoned LCC2*.
The market tenant holds a beer and wine license. The lease has approximately two years remaining in its current five-year term, plus a five-year option and annual rent increases. The owner pays for water. The property is located in Los Angeles County.
The market tenant holds a beer and wine license. The lease has approximately two years remaining in its current five-year term, plus a five-year option and annual rent increases. The owner pays for water. The property is located in Los Angeles County.
Key Highlights
- 3,347‑square‑foot building on a 7,545‑square‑foot corner lot
- Ground‑floor mini market with beer and wine license
- Two upstairs apartments: one 2‑bedroom/1‑bath and one 1‑bedroom/1‑bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,674
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,480
$1.6M
Cap Rate 7%
$1,109,629
$1.1M
Cap Rate 9%
$863,044
$863.0K
Market Conditions
NOI Build-Up for 3,347 SF
Gross rent
$123.7K $36.96/SF
− Vacancy
−$12.7K −$3.81/SF
EGI
$111.0K $33.15/SF
− OpEx
−$33.3K −$9.95/SF
NOI
$77.7K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,480
Cap Rate 7%
$1,109,629
Cap Rate 9%
$863,044
Alternative Uses
Best Use
Apartment 5plus
$59.17M
$51.78M – $69.03M
NOI $4,142,093 @ 7.0% cap · market cap 487.88%
Second Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,645 @ 7.0% cap · market cap 10.68%
Theoretical Best
Multifamily LT 5
$67.81M
$59.33M – $79.11M
NOI $4,746,575 @ 7.0% cap · market cap 559.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Explore this area
Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-level mini market complements two upstairs apartments and two on-site storage garages.
Where is this mixed-use property located?
The property is located at 6525 Holmes Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 3,347‑square‑foot building on a 7,545‑square‑foot corner lot; Ground‑floor mini market with beer and wine license; Two upstairs apartments: one 2‑bedroom/1‑bath and one 1‑bedroom/1‑bath
