7317 Parmelee Avenue | Los Angeles | State of California | Prices, Plans, Availability

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7317 Parmelee Avenue

USD 800,000

Property ID: 25548617

7317 Parmelee Avenue ,90001

5029 SqFt

Built in 1924

USD 159/SqFt

6 Beds

5 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

1180

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1924

Detailed Introduction Of 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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