$600,000
SOLD JAN 11, 2025

7909 Holmes Ave Los Angeles, CA 90001

2 Beds
-- Bath
971 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$618 Per Sq Ft

14% Below List Price

51 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 5-minute walk to Franklin D. Roosevelt Park
  • Laundry Room

About This Home

As of January 2025

Fantastic opportunity in the 90001 area! This duplex offers two spacious units, making it perfect for first-time buyers, families, or investors. Live in one unit and rent the other, or rent both for a steady income. The property sits on a generous lot with potential for expansion or additional outdoor space. This property is conveniently located near schools, parks, shopping, and public transportation. This property provides easy access to downtown LA, major freeways, and local dining options. With so much potential, this is a must-see for anyone looking to invest in a growing neighborhood!

Last Agent to Sell the Property

Nayeli Deras

Keller Williams SELA Brokerage Phone: 323-271-8281 License #02174061 Listed on: 10/16/2024

Keller Williams SELA

Co-Listed By

Louis DiGonzini

eXp Realty of Southern Ca, Inc Brokerage Phone: 323-271-8281 License #01502775

Last Buyer's Agent

Nayeli Deras

Keller Williams SELA Brokerage Phone: 323-271-8281 License #02174061 Listed on: 10/16/2024

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1947

Lot Details

  • 6,273 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • Duplex

Interior Spaces

  • 2 Bedrooms
  • 971 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5978
  • Assessor Parcel Number 6027017033
  • $1,116 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $1,500
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,681

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Other Phone Description: Louis DiGonzini
  • Other Phone Number: 949-922-8420
  • Price Per Unit: 312500
  • Property Attached: No
  • Zoning: LCC2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6027017033
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 617.92

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6273.00
  • Lot Size Acres: 0.1440

Multi Family

  • Gross Income: 1500.00
  • Gross Scheduled Income: 1500.00
  • Lot Size Area: 6273.0000 Square Feet
  • Net Operating Income: 1500.00
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5351.01
  • Tax Lot: 3
  • Tax Tract Number: 5978
  • TaxOtherAnnualAssessmentAmount: 1116.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Dec 10, 2024
Sold by
Baltazar Richard Matthew and Baltazar Joe
Bought by
Solano Aldo and Hernandez-Carrasco Yesenia
Seller's Agent
Nayeli Deras
Keller Williams SELA
Buyer's Agent
Nayeli Deras
Keller Williams SELA
List Price
$700,000
Sold Price
$600,000
Premium/Discount to List
-$100,000
-14.29%
Views
21
Current Estimated Value
$606,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,095
Avg. Annual Appreciation
1.67%
Original Mortgage
$589,132
Outstanding Balance
$585,563
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$20,532
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $600,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,132 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2025 01/11/25 Sold $600,000 -4.0% $618 / Sq Ft
11/22/2024 11/22/24 Price Changed $625,000 -10.7% $644 / Sq Ft
10/16/2024 10/16/24 For Sale $700,000 -- $721 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,681 $33,275 $15,409 $17,866
2024 $1,681 $32,623 $15,107 $17,516
2023 $1,496 $31,984 $14,811 $17,173
2022 $2,780 $145,787 $100,981 $44,806
2021 $1,448 $30,744 $14,237 $16,507
2020 $1,447 $30,430 $14,092 $16,338
2019 $1,424 $29,834 $13,816 $16,018
2018 $1,285 $29,250 $13,546 $15,704
2016 $1,234 $28,117 $13,021 $15,096
2015 $1,222 $27,696 $12,826 $14,870
2014 $1,231 $27,154 $12,575 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24215077

California Regional Multiple Listing Service (CRMLS)

APN: 6027-017-033