7317 Parmelee Avenue, Los Angeles, CA 90001 - Berkshire Hathaway HomeServices California Properties

7317 Parmelee Avenue, Los Angeles, CA 90001

$800,000 Approx. USD 6 beds, 5 baths
1,180 sqft

Listing Agent


William James | will@lyonstahl.com
Lic#: 01734419
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Taylor Avakian | taylor@lyonstahl.com
Lic#: 02060040
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

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
Price: $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

 Days On Market (DOM): 15

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.973367, -118.250166.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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