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7317 Parmelee Avenue Los Angeles, CA 90001
$800,000 6 beds, 5 baths
1, 180 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25548617
List price is $800,000
Beds: 6
Baths: 5
None fireplaces
Built in 1924
1,180 sqft
1 story
0.12 acres
Lot size: 0.1154
County: Los Angeles
Zoning: LCR3*
Construction: Stucco
Appliances: Refrigerator
Parking description: Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C37 - Metropolitan South

Last Updated: 6/5/2025

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.973367, -118.250166.
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Listing Agent: William James
Co Listing Agent: Taylor Avakian
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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