Homes for sale - 7317 Parmelee AVE, Los Angeles, CA 90001

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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 800,000

Est. payment | -/mo

6 Beds

5 Baths

1,180 SqFt

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$ 800,000

Est. payment | -/mo

Save

6 Beds

5 Baths

1,180 SqFt

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

Listed by William James • Lyon Stahl Investment Real Estate, Inc.

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA, 92101, USA

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