7317 Parmelee Ave, Los Angeles, CA 90001
List Price: $800,000
On market
On marketJun 5, 20251,180 sqft6 beds5 baths
Listed by: William James
License #: 01734419
Phone #: 310-425-9838
Lyon Stahl Investment Real Estate, Inc.
Source:
MLS #: 25548617
Property Description
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.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$10,512
TurboHome Estimated Value
$750,400
$636 sqft
High Valuation
$787,920
$668/sqft
Normal Valuation
$750,400
$636/sqft
Low Valuation
$712,880
$604/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $636/sqft | $750,400 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$750K
$800K
1341 E 59th Pl, Los Angeles, CA 90001
Sale Price: $750,000
Selected Comparable
7317 Parmelee Ave, Los Angeles, CA 90001
List Price: $800,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT7317 Parmelee Ave, Los Angeles, CA 90001
List: $800,000
Listed: 6/5/2025
Area:1,180 sqft
Price/sqft:$678
Beds:6
Baths:5
Year Built:—
Lot Size:5,029
Comparable Properties
COMPARABLEChoose comps
1341 E 59th Pl, Los Angeles, CA 90001
Sale: $750,000
2/3/2025 • 0.90 mi
Area:1,580 sqft
Price/sqft:$475
Beds:5
Baths:4
Year Built:—
Weight:100.0%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7317 Parmelee Ave, Los Angeles, CA 90001 | $800,000 | 1,180 | $678 | 5,029 | — | 6/5/2025 | 6 | 5 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1341 E 59th Pl, Los Angeles, CA 90001 | $750,000 | 1,580 | $475 | 4,746 | 0.90 mi | 2/3/2025 | 5 | 4 | — | 100.0% |
Nearby Listings
22 similar properties within 5 miles
List Price: $889,000
1166 E 64th St, Los Angeles, CA 90001
7 bd 4 ba 1,952 sqft
TurboHome Est. Value:
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List Price: $775,000
7672 Whitsett Ave, Los Angeles, CA 90001
6 bd 4 ba 1,520 sqft
TurboHome Est. Value:
$737,500
List Price: $950,000
1519 E 89th St, Los Angeles, CA 90002
7 bd 4 ba 2,305 sqft
TurboHome Est. Value:
$970,400
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