714-745-2708

6714 Parmelee Avenue, Los Angeles, CA 90001

$833,000 Approx. USD 5 beds, 5 baths
2,506 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Sevak Keshishian | skeshishian@marcusmillichap.com
Lic#: 01887505
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2694

Co Listing Agent

Shara Parseghian | Shara.Parseghian@marcusmillichap.com
Lic#: 01991749
Broker: Courtesy of Marcus & Millichap
Phone: 818-292-2692

Agent Remarks

We are pleased to present the opportunity to acquire 6714 Parmelee Ave, an attractive multifamily property that consists of five legal units and one non-conforming unit, located in the Florence-Firestone neighborhood of South Los Angeles. The property consists of approximately 2,506 SF of building area on a 5,237 SF lot and is zoned LCR3YY, offering an attractive combination of existing income and long-term upside. Originally constructed in 1963, the property features six 1-bedroom/1-bathroom units, providing an investor with a diverse income-producing asset. The property offers six parking spaces, including two open-air spaces and four covered carport spaces located in the rear, along with gated access. Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 29% rental upside, providing an investor with an opportunity to increase income through the repositioning and lease-up of the property. The property is conveniently located directly across the street from Miramonte Elementary School, one block west of Compton Ave, and just a few blocks south of Gage Ave. Its location provides convenient access to major thoroughfares, public transportation, schools, employment centers, and neighborhood amenities throughout South Los Angeles.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26990985

Price: $833,000

Beds: 5

Baths: 5

Built in 1963

2,506 sqft

2 stories

0.12 acres

Lot size: 0.1202

County: Los Angeles

Zoning: LCR3YY

Parking description: Carport

Heating/cooling: None

Heating description: Wall Furnace

MLS area: C42 - Downtown L.A.

Last Updated: 9/26/2026

Days On Market (DOM): 9

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 33.978748, -118.249562.
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