6208 Holmes, Los Angeles, California 90001, Los Angeles, 90001 - 2 bed, 1 bath
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6208 Holmes
Los Angeles, California 90001
ACTIVE
CONDITION: POOR
2Beds
1Baths
768Sq Ft
6,750Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$699,796
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well below the $699,797 Fair Market Value by -7%. While the property requires significant capital expenditure due to its Fair Condition Rating and aging infrastructure, the unique multi-unit configuration—comprising a main house, attached studio, and detached apartment—offers substantial rental income potential. This asset is ideal for Buy-and-Hold Investors or Contractors capable of navigating permitting requirements to maximize the utility of the 6,750 sqft lot.
Estimated Market Value
$699,796
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1921, this century-old property is marketed as an investor opportunity. The interior shows low-budget, dated finishes including painted plywood cabinets and mismatched tile flooring. The lack of central HVAC (window units only) and the 'investor' description suggest aging systems and the need for a significant rehab to address deferred maintenance and potential structural/safety issues across the multiple units.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Potential
The property features a unique multi-unit configuration including a main house, an attached studio, and a detached apartment, offering significant income-generating opportunities for investors.
- Generous Lot Size
Situated on a 6,750 square foot lot, the property provides ample space for the existing multiple structures and potential for further outdoor utility or development in a dense Los Angeles submarket.
- Recent Price Improvement
A recent $50,000 price reduction from the original listing price increases the property's market competitiveness and enhances the overall value proposition for value-add buyers.
CONSRISKS & DEFICIENCIES
- Permitting and Data Discrepancies
There is a significant discrepancy between the official record of 768 square feet and the described multi-unit layout, suggesting potential unpermitted additions that may complicate financing or legal compliance.
- Aging Infrastructure
Originally built in 1921, the property is over a century old and likely requires substantial capital expenditure for modernization and repairs to its core systems and structural elements.
About 6208 Holmes
Great Opportunity for Investors !! This home features a 3Bedroom and !bathroom as the front house with a Studio attached at the rear featuring its own bathroom and Kitchen. This property also has a 1bedroom and 1bathroom w/ Kitchen detached Apt at the back. Pictures coming soon. Appointment only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 6,750 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,664.159 |
| Lot Size | 6,750 | 6,066.556 |
| Price | $750.0K | $1.35M |
| Price per sq ft | $977 | $806 |
| Built year | 1921 | 1939 |
| HOA | $0 | $278 |
| Days on market | 35 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$750,000
$799,999
-6% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$799,999
Initial Listing
Sold
Oct 12, 2010
$124,500
Public Record