7317 Parmelee Avenue
Los Angeles, CA 90001
1180 sqft | 6 beds | 0.12 acres | #24456261
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 Details
- Bedrooms6
Property Details
- ViewCityLights
- Stories1
Measurements
- Acres0.1154
- Square Feet1180
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1924
Utilities / Energy Details
- Sewer InformationOther
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$800,000
Other
- MLS #24456261
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: William James (#CLW-X93306)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#CLW-X82195)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
