Los Angeles, CA 90001,7317 Parmelee Ave
Los Angeles, CA 90001,7317 Parmelee Ave
Los Angeles, CA 90001,7317 Parmelee Ave
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$800,000
Est. payment /mo
6 Beds
5 Baths
1,180 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,180 sqft

Price per Sqft $677

MLS Listing ID 25548617

Bedrooms 6

Year Built 1924

Lot Size 5,029 Sqft

Acres 0.1154

Property Sub-Type Multi-Family

Property Description

7317 Parmelee offers a fantastic opportunity to acquire a 5-unit property priced at $160,000 per unit, delivering an 8.16% Cap Rate and 7.90 GRM. Three of the five units will be delivered vacant, giving investors or owner-users the chance to renovate and lease at market rents right away. The property also sits on a generously sized lot, offering possible room for ADU additions (buyer to verify).Ideal for investors looking for strong in-place returns with room to grow. A solid, straightforward deal in an improving rental market.

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LCR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Driveway

Garage Spaces 2.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description Single Lot

Story 1

Water Public

Level or Stories One

Structure Type Stucco

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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