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7317 Parmelee Avenue

Los Angeles, CA 90001

$800,000 Price
Est. Payment: $ 0/mo
6
Bed
0
Bath
1,180 Sq. Ft.
$678 / Sq. Ft.

7317 Parmelee Avenue

Los Angeles, CA 90001

$800,000 Price
$0/mo
6
Bed
0
Bath
1,180
Sq. Ft.
7317 Parmelee is a 5 unit apartment building located just South of E. Florence and 1 block West of Compton Ave. The property is comprised of four studio, one bathroom units and one large three bedroom, one bath "owners unit". Currently all units are occupied with a total gross monthly income of $8,311. The lot runs from Parmelee to Elsie, with access to the property from both street. Gas and Electricity are separately metered. The property will have tremendous cash flow day one and is listed at a 7.82% cap rate and 8.02 x gross rents.
PROPERTY INFORMATION
MLS # 24456261 Lot Size 5,029 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 800,000
Price Per SqFt: $ 678
DOM 223 Days
Address 7317 Parmelee Avenue Type Residential Income
City Los Angeles Sq.Ft. 1,180 Sq. Ft.
Postal Code 90001 Garage N/A
County Los Angeles Year Built 1924
Bed / Bath 6 / 0 Parking 3
Built In 1924 Status Active
INTERIOR FEATURES
Has Laundry Yes
Laundry Information None
Has Fireplace No
Fireplace Information None
Has Appliances Yes
Kitchen Appliances Range
Has Heating Yes
Heating Information Wall Furnace
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
EntryLocation Mid Level
Entry Level 1
Has Spa No
SpaDescription None
SecuritySafety Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
EXTERIOR FEATURES
Has Pool No
Pool None
Has Sprinklers No
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $853
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/23/2024 Listed $800,000
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Listing provided courtesy of William James, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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