7317 Parmelee Ave

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.

This home located at 7317 Parmelee Ave is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $800,000. It has 6 beds and 5 bathrooms. The property was built in 1924. 7317 Parmelee Ave is in the Metropolitan South community of Los Angeles County.

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