$799,900
$98K PRICE DROP

9815 Holmes Ave Unit 2 Los Angeles, CA 90002

Watts Neighborhood

Estimated payment $4,759/month

Total Views 4,129
4 Beds
2 Baths
2,760 Sq Ft
$290 Price per Sq Ft

Highlights

  • Laundry Room
  • Wall Furnace
  • 1-Story Property

About This Home

Two Beautiful Newer Units in South Los Angeles!
Don’t miss this incredible opportunity to own two spacious and newly built homes on one lot in the South Los Angeles area. The front unit features 4 bedrooms and 2 bathrooms, and is vacant and ready for immediate move-in or rental. The rear unit also offers 4 bedrooms and 2 bathrooms, and is currently occupied by a reliable Section 8 tenant, providing steady rental income.
The property offers ample parking with access through the front driveway and additional entry through the alley. This is a great opportunity for investors or owner-occupants looking to live in one unit and rent the other.
Please do not disturb the tenant in the rear unit.
For showings or more information, contact the listing agent.

Listing Agent

Oscar Morales

OPTION ONE REALTY & INVESTMENT Brokerage Phone: 626-625-7152 License #01908712 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1912

Lot Details

  • 5,323 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 283
  • Tax Tract Number 282
  • Assessor Parcel Number 6048030036
  • $585 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $5,000
  • Operating Expense $7,200
  • Gross Income $1,770
  • Net Operating Income $1,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,905

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Price Per Unit: 399950
  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6048030036
  • Year Built: 1912
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 289.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5323.00
  • Lot Size Acres: 0.1222

Multi Family

  • Gross Income: 1770.00
  • Gross Scheduled Income: 1770.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5323.0000 Square Feet
  • Net Operating Income: 1770.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 800.00
  • Rent Control: Yes
  • Total Expenses: 7200.00
  • Vacancy Allowance: 3800

Tax Info

  • Tax Census Tract: 2422.02
  • Tax Lot: 283
  • Tax Tract Number: 282
  • TaxOtherAnnualAssessmentAmount: 585.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,905 $366,993 $257,543 $109,450
2024 $4,905 $359,798 $252,494 $107,304
2023 $4,816 $352,744 $247,544 $105,200
2022 $4,606 $345,829 $242,691 $103,138
2021 $4,546 $339,049 $237,933 $101,116
2019 $4,416 $328,995 $230,877 $98,118
2018 $4,285 $322,545 $226,350 $96,195
2016 $4,086 $310,021 $217,561 $92,460
2015 $4,025 $305,366 $214,294 $91,072
2014 $4,044 $299,386 $210,097 $89,289
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $799,900 -5.8% $290 / Sq Ft
06/20/2025 06/20/25 Price Changed $849,000 -5.4% $308 / Sq Ft
05/29/2025 05/29/25 For Sale $897,777 -- $325 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $285,000 California Title Company
Trustee Deed $315,000 Accommodation
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Corporate Deed $255,000 --
Corporate Deed $112,000 Old Republic Title
Administrators Deed $104,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 Commercial
Closed $245,000 Stand Alone Refi Refinance Of Original Loan
Closed $245,000 Unknown
Closed $285,000 Purchase Money Mortgage
Previous Owner $169,900 Stand Alone Second
Previous Owner $143,500 Stand Alone Second
Previous Owner $28,000 Credit Line Revolving
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $251,060 FHA
Previous Owner $170,000 No Value Available
Source: Public Records

Similar Homes in Los Angeles, CA

  • 1807 E 107th St, Los Angeles, CA 90002

    $688,000

    • 4 Beds
    • 2 Baths
    • 1,664 Sq Ft
    • 1807 E 107th St
    • Los Angeles, CA

    Excellent location, located north of Imperial Highway, East of Harbor Fwy, walk across from Watts Towers Art Center. minutes away from Martin Luther King Jr. Community Hospital, Magic Johnson Park. quick access to Hollywood Park. and LAX. Recently up-graded, Two units with lot of space to expend. both units have long term residents. stable income room for improvement for two-bedroom one bath.

    Patsy Chan FAIRMATE INC.

    Section Image
  • 1739 E 57th St, Los Angeles, CA 90058

    $740,000

    • 4 Beds
    • 2 Baths
    • 1,682 Sq Ft
    • 1739 E 57th St
    • Los Angeles, CA

    Two parcels for sale. 1) 1739 E 57th. 5105-012-014 has two on a lot. Two single family structures separated by fences and driveways. It is a corner lot. 2)5554 Duarte. 5105-012-015, is vacant and zoned R2. You can build two homes on that lot and collect rents from the other lot while you build. Structures can be delivered vacant, but tenants are great and willing to discuss new leases. Well

    Jennifer Brill Monarch Capital Corporation

    Section Image
  • 138 W 60th St, Los Angeles, CA 90003

    $800,000

    • 6 Beds
    • 5 Baths
    • 5,120 Sq Ft
    • 138 W 60th St
    • Los Angeles, CA

    Triplex in the heart of South Los Angeles consist of 6 bedrooms 5 bathrooms, generating a total of $4589 a month. All units are on month to month. First unit - 2 bed/2 bath. Second unit - 1 bed/1 bath. Third unit - 3 bed/2 bath. These are large units that have the potential to be rented out at market rent rate of $6800 per month. Great investment as a 1031 up-leg or a buy and hold investment.

    Christine Cheng Keller Williams Realty/Temecula

    Section Image
  • 621 W 54th St, Los Angeles, CA 90037

    $710,000

    • 4 Beds
    • 2 Baths
    • 1,790 Sq Ft
    • 621 W 54th St
    • Los Angeles, CA

    Discover this exceptional 2-unit income property perfectly situated in the vibrant heart of Los Angeles, California. Each spacious unit features 2 bedrooms and 1 bathroom, along with a convenient separate laundry room. The residences boast generous living and dining areas, ideal for comfortable living and entertaining. Both units are completely separate, offering privacy and versatility, with a

    Linda Ojeda Luxury Collective

    Section Image
  • 5700 Cimarron St, Los Angeles, CA 90062

    $735,000

    • 6 Beds
    • 3 Baths
    • 2,614 Sq Ft
    • 5700 Cimarron St
    • Los Angeles, CA

    This is an excellent opportunity to own a charming triplex in the residential area of Los Angeles. The property consists of two, two bedroom, one bath apartments at 5700-5702 Cimarron and one, two bedroom, one bath detached apartment at 2066 W. 57th Street. The corner unit at 5700 Cimarron is vacant. All units are separately metered for gas and electricity. The property is East of Van Ness

    Ruth Hayles Ruth A. Hayles, Broker

    Section Image
  • 3339 E 4th St, Los Angeles, CA 90063

    $659,000

    • 4 Beds
    • 3 Baths
    • 1,695 Sq Ft
    • 3339 E 4th St
    • Los Angeles, CA

    Price Reduction This Weekend!Prime 3-Unit Investment Opportunity in Boyle Heights – Just 7 Miles from USC!Take advantage of a limited-time price reduction on this well-maintained triplex in the vibrant and evolving Boyle Heights neighborhood—perfect for investors seeking passive income and long-term equity growth.This property includes a spacious 2-bedroom, 1-bath back unit,

    Jonathan Mendoza Monarch Real Estate Services

    Section Image
  • 2811 Boulder St, Los Angeles, CA 90033

    $750,000

    • 4 Beds
    • 2 Baths
    • 2,272 Sq Ft
    • 2811 Boulder St
    • Los Angeles, CA

    NEW PRICE IMPROVEMENT!! Discover this fantastic duplex located in the heart of Los Angeles. Each of the two units offers 2 bedrooms and 1 bath, providing comfortable living spaces that are perfect for both homeowners and potential renters.Both units are in great condition, showcasing well-maintained interiors with bright, open layouts and modern updates. The roof is also in excellent condition,

    Herb Diaz PLF Real Estate Solutions

    Section Image
  • 2112 Cambridge St, Los Angeles, CA 90006

    $799,000

    • 4 Beds
    • 2 Baths
    • 2,084 Sq Ft
    • 2112 Cambridge St
    • Los Angeles, CA

    Welcome to 2112-2114 Cambridge St, the duplex is situated in the Los Angeles neighborhood of Harvard Heights, with a Historic Preservation Overlay Zone (HPOZ) designation. Great owner user or investment opportunity, as this fixer is ready for its next chapter. Currently one unit is vacant, one unit is tenant occupied. Each unit features 2 bedrooms, 1 bath, office/craft room and laundry room. The

    Brenda Solis-Urive Berkshire Hathaway HomeServices California Properties

    Section Image
  • 315 Isabel St, Los Angeles, CA 90065

    $800,000

    • 4 Beds
    • 3 Baths
    • 1,536 Sq Ft
    • 315 Isabel St
    • Los Angeles, CA

    Isabel sits in the community of Mount Washington!! This triplex has been partially renovated. This property features upper and lower living spaces which capture sweeping views of Downtown LA, Elysian Park, and breathtaking sunsets. Double pane windows allow light to stream through the space. Both buildings offer unparalleled city views and are the perfect blend of loft vibes wrapped in a warm

    Frank Parra Century 21 Masters

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25120424

California Regional Multiple Listing Service (CRMLS)

APN: 6048-030-036