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.
Property Details
Price:
$800,000
MLS #:
25548617
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c37metropolitansouth
Listed Date:
Jun 5, 2025
Lot Size:
5,029 sqft / 0.12 acres (approx)
Year Built:
1924
See this Listing
Schools
Interior
Appliances
Refrigerator
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
Exterior
Construction Materials
Stucco
Parking Features
Driveway
Parking Spots
2.00
Security Features
Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Financial
Map
Community
- Address7317 Parmelee Avenue Los Angeles CA
- NeighborhoodC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90001
Subdivisions in Los Angeles
- 1788
- 6525 La Mirada
- 6790
- Adams-Normandie
- Angeleno Heights
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Athens Subdivision
- Avalon Gardens
- Baldwin Hills
- Beachwood Canyon Estates
- Bel Air Crest
- Bel Air Park
- Brentwood Country Estates
- Bronson Homes
- Crestwood Hills
- Ela Hills Tr
- Gramercy Park
- Harvard Heights
- Higgins Building
- Highland Park Extension
- Kentwood
- LA PALOMA ADD
- LaBrea Vista
- Lake Hollywood Estates
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis Prop
- Metropolis Tower 1
- Mid-City Heights
- Montecito Heights
- MountainGate Country Club / The Ridge
- Mulholland Corridor
- Nelavida
- Not Applicable – 1007242
- Not Applicable-105
- Other – 0011
- OTHR
- Pickford 4
- Rampart Heights
- Sunset Terrace
- Tapestry
- The Los Feliz Oaks Neighborhood
- The Ritz Carlton Residences Los Angeles
- TRACT #8330 LOT 59
- Tract No 3643 / Hollywood Hills East
- TRACT NO. 9741
- University Heights
- W Hollywood Residences
- West Adams
- West Hollywood West
- Wisendanger\’s Prospect Park Addition
Market Summary
Current real estate data for Residential Income in Los Angeles as of Oct 19, 2025
1,655
Residential Income Listed
207
Avg DOM
$1,943,197
Avg List Price
Property Summary
- 7317 Parmelee Avenue Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90001. It is listed for $800,000
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.7317 Parmelee Avenue
Los Angeles, CA