$800,000
- Beds
- 6
- sq ft
- 1,180
7317 Parmelee Ave, Los Angeles, CA 90001
7317 Parmelee Ave
Los Angeles, CA 90001
- 61 days on market
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.
Details
Property type
Lot size
5,029 sq ft
Price per sq ft
$678
Year built
1924
HOA
No
Price History
10/23/2024
CLAW #24456261
Listed
$800,000
+6.67%
04/26/2020
CLAW #20547408
Sold
$750,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Gated
Community features:
Gated
Status: Active
Tomo last checked: 12/23/2024 at 10:20 AM
Listing updated: 12/04/2024 at 9:20 PM
Listed by: William James, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838
MLS: CLAW #24456261
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