7317 Parmelee Avenue, Los Angeles, CA 90001
-
Listed Price :
$800,000
-
Beds :
6
-
Baths :
5
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Property Size :
1,180 sqft
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Year Built :
1924
Property Description
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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
6 |
| Bathroom Information |
| Bathrooms |
5 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
7317 Parmelee Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90001 |
| County |
Los Angeles |
| Listing Agent |
William James DRE #01734419 |
| Co-Listing Agent |
Peter James DRE #01748556 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$800,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
1,180 |
| Lot Size |
5,029 |
| Year Built |
1924 |
Listing information courtesy of: William James, Peter James, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 2:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
