7317 Parmelee Avenue, Los Angeles, CA 90001 - Berkshire Hathaway HomeServices California Properties
7317 Parmelee Avenue Los Angeles, CA 90001
$800,000 6 beds, 5 baths
1, 180 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25548617
List price is $800,000
Beds: 6
Baths: 5
None fireplaces
Built in 1924
1,180 sqft
1 story
0.12 acres
Lot size: 0.1154
County: Los Angeles
Zoning: LCR3*
Construction: Stucco
Appliances: Refrigerator
Parking description: Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C37 - Metropolitan South

Last Updated: 6/14/2025

 Find more Los Angeles homes and real estate

 Find more homes in 90001 zip code

This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.973367, -118.250166.
Find nearby listings


Listing Agent: William James
Co Listing Agent: Taylor Avakian
Lic#: 01234982
Office Name: Mission Viejo

Area Map

Nearby Schools

No schools were found in the area