6714 Parmelee Avenue, Los Angeles, CA 90001

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Champions
6714 Parmelee Avenue,Los Angeles, CA 90001
$833,000
  • 5 Beds
  • 5 Baths
  • 2,506 sq. ft.
  • Multi-family
  • Active
Listed by: sevak keshishian, shara parseghian
Office: marcus & millichap818-212-2700
MLS#:26990985
Source:CRMLS

Price summary

  • Price:$833,000
  • Price per sq. ft.:$332.4

About this home

We are pleased to present the opportunity to acquire 6714 Parmelee Ave, an attractive multifamily property that consists of five legal units and one non-conforming unit, located in the Florence-Firestone neighborhood of South Los Angeles. The property consists of approximately 2,506 SF of building area on a 5,237 SF lot and is zoned LCR3YY, offering an attractive combination of existing income and long-term upside. Originally constructed in 1963, the property features six 1-bedroom/1-bathroom units, providing an investor with a diverse income-producing asset. The property offers six parking spaces, including two open-air spaces and four covered carport spaces located in the rear, along with gated access. Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 29% rental upside, providing an investor with an opportunity to...

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Home facts

  • Year built:1963
  • Listing ID #:26990985
  • Added:48 day(s) ago
  • Updated:November 09, 2026 at 12:16 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Living area:2,506 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:2,506 sq. ft.
  • Lot area:0.12 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$833,000
  • Price per sq. ft.:$332.4

Parking

  • Parking description:Carport
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