7317 Parmelee Avenue
Los Angeles, CA 90001
- – beds
- – baths
- – sqft
- 5,029 sqft lot
- 1924 build
- – on site
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.
Last checked:
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Last updated Oct 31, 2024
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MLS# 24456261 —
The Building
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Year Built:1924
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New Construction:No
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Construction Materials:Stucco
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Entry Level:1
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Faces:West
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Building Area Total:1180.00
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# of Buildings:1
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Total Number Of Units:5
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Stories Total:1
Interior
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Levels:One
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Entry Location:Mid Level
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Fireplace:No
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Fireplace:None
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Laundry:None
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Laundry:1
Location
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Directions:1 block south of E. Florence and 1 block West of Compton Ave
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Latitude:33.97336700
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Longitude:-118.25016600
The Property
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Property Type:Residential Income
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Zoning:LCR3*
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Lot Size Area:5029.0000
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Lot Size Acres:0.1154
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Lot Size SqFt:5029.00
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View:1
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View:City Lights
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6024019043
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Other
Appliances
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Appliances:Range
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Included:Yes
The Community
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Senior Community:No
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:3.00
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Uncovered Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/23/24
Oct 23, 2024
|
Listed / Active | CRMLS_CA | $800,000 | 6.7% (1.5% / YR) |
|
4/26/20
Apr 26, 2020
|
CRMLS_CA | $750,000 | -5.1% | |
|
4/2/20
Apr 2, 2020
|
CRMLS_CA | $790,000 |
