7317 Parmelee Avenue
Los Angeles, CA, 90001
$800,000
Beds
0 Baths
SqFt
0.12 Acres
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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
Address:
7317 Parmelee Avenue
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Jun 5, 2025
State:
CA
ZIP:
90001
Lot Size:
5,029 sqft / 0.12 acres (approx)
Year Built:
1924
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Refrigerator
Cooling
Wall/ Window Unit(s)
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Wall Furnace

Exterior

Construction Materials
Stucco
Parking Features
Driveway
Parking Spots
2.00
Security Features
Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)

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7317 Parmelee Avenue
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