Active

6007 Holmes

Los Angeles, CA 90001

$739,000 $3,115/Mo

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Overview

Bed

Bath

3,392

Sqft

6,828

Sqft(Lot)

Description

Prime Value-Add Mixed-Use Opportunity! Income + Redevelopment Upside. Attention investors, developers, and owner-users, this is the opportunity you’ve been waiting for. Rarely available mixed-use commercial/residential income property located in the Huntington Park Annex, positioned at the intersection of cash flow, value-add, and future redevelopment potential under California’s most impactful housing legislation. The property features five total units, including three residential units and two street-front retail storefronts, offering diversified income streams and strong upside. The residential unit mix includes a 1-bedroom/1-bath, 2-bedroom/1-bath, and a large 4-bedroom/2-bath unit, ideal for maximizing rental demand and repositioning potential. The retail storefronts enjoy excellent v isibility and are well-suited for owner-users, service-based businesses, or continued leasing. The property requires repairs and capital improvements, making it an ideal acquisition for investors seeking a true value-add play. Bring your contractor and your vision - this asset is ready to be repositioned for higher income and long-term appreciation. With the passage of AB 2011 and SB 6, certain mixed-use and commercial properties may qualify for residential conversion, adaptive reuse, or increased residential density, subject to buyer’s independent verification and compliance with all applicable requirements. These laws, effective through July 1, 2033, create a powerful window of opportunity to unlock additional units, reconfigure existing space, or redevelop to meet the severe housing shortage across Los Angeles County. Perfect for: 1) Investors seeking current income with redevelopment upside, 2) 1031 exchange buyers looking to defer taxes and add value. 3) Developers targeting density and adaptive reuse opportunities. 4) Owner-users who want to operate a business while generating rental income. Properties offering this combination of location, mixed-use zoning, legislative tailwinds, and value-add potential are becoming increasingly scarce. High demand urban corridor. Strong upside. Time-sensitive opportunity. Buyer to conduct all investigations regarding zoning, permits, unit count, condition, and potential uses. Submit offers - this asset will not last.

Property Details

Property Type : Residential Income

Price : $739,000

AD Id : 74704067

MLS Id : RS26017487

Lot Size : 6,828 Sqft

Living Area Size : 3,392

Year Built : 1926

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Composition,Flat Fireplace: None
Cooling Features

None Air Conditioning

Heating Source

Wall Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1926 Building Area Total: 3,392 Construction: Drywall,Frame Roof: Composition,Flat
Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)
Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1567
Lot Size Source: Assessor Lot Size Square Feet: 6828

Listing Price Information

Original List Price: 739,000 Listing Contract Date: 2026-01-27
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6009008012

Garage and Parking

Garage Description: Assigned

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas,Telephone

Other Property Info

Source Listing Status: Active Source Neighborhood: C37 - Metropolitan South Directions: South of Randolph Street, West of Alameda Street, East of Compton Avenue, and North of Gage Avenue Source Property Type: Residential Income Area: C37 - Metropolitan South Property SubType: Mixed Use
Building and Construction

Property Age: 100 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6300 Holmes Avenue, Los Angeles, CA, 90001	$530,000	2	1	748	748 SqFt
7912 Alix Avenue, Los Angeles, CA, 90001	$649,000	3	1	888	888 SqFt
6525 Holmes Avenue, Los Angeles, CA, 90001	$949,000	3	--	3,347	3,347 SqFt
1637 E Gage Avenue, Los Angeles, CA, 90001	$690,000	3	3	1,412	1,412 SqFt
6101 Compton Avenue, Los Angeles, CA, 90001	$1,450,000	7	--	7,350	7,350 SqFt
1503 E Gage Avenue, Los Angeles, CA, 90001	$599,999	3	2	1,412	1,412 SqFt
6905 Compton, Los Angeles, CA, 90001	$690,000	--	--	1,320	1,320 SqFt
6911 Compton, Los Angeles, CA, 90001	$790,000	2	2	1,580	1,580 SqFt
7651 Miramonte, Los Angeles, CA, 90001	$639,000	3	2	1,257	1,257 SqFt
8511 Maie, Los Angeles, CA, 90001	$589,900	3	1	700	700 SqFt

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ByOwner last updated this listing 06/07/2026 @ 08:13

MLS: RS26017487 LISTED BY: Tony Lopez, Coldwell Banker Envision 562-860-2443 SOURCE: CRMLS