7317 Parmelee Avenue, Los Angeles, CA 90001

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
7317 Parmelee Avenue,Los Angeles, CA 90001
$800,000
  • 6 Beds
  • 5 Baths
  • 1,180 sq. ft.
  • Multi-family
  • Active
Listed by:william james
Office:lyon stahl investment real estate, inc.
MLS#:25548617
Source:CRMLS

Price summary

  • Price:$800,000
  • Price per sq. ft.:$677.97

About this home

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.

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Home facts

  • Year built:1924
  • Listing Id #:25548617
  • Added:294 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Living area:1,180 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1924
  • Building area:1,180 sq. ft.
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$677.97
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.