Listing provided courtesy of William James of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-06-15 08:11:30.000000. Listing information © 2024 Sandicor.
Asking Price: $800,000 |
7317 Parmelee, Los Angeles CA 90001
Community: C37 - Metropolitan South
This property was built in 1924 and is priced at $800,000. Please see the additional details below.
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.