7317 Parmelee AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90001
Key Details
Property 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
HOA Y/N No
Year Built 1924
Lot Size 5,026 Sqft
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 C37 - Metropolitan South
Zoning LCR3*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Driveway
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Total Parking Spaces 2
Private Pool No
Building
Faces West
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6024019043
Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
Special Listing Condition Standard