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.
For sale
$800,000
7317 Parmelee Ave, Los Angeles, CA 90001
6beds
5baths
1,180sqft
Est.:
Multi Family
Built in 1924
-- sqft lot
$804,700 Zestimate®
$678/sqft
$-- HOA
What's special
Generously sized lot
- 141 days |
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