7317 Parmelee Ave - Apartments FOR SALE


Los Angeles, CA 90001
$800,000 USD
310-729-1559
7317 Parmelee Ave, Los Angeles, CA for Sale
$800,000 USD
Apartments - FOR SALE
1/5
null | 7.82% Cap Rate

7317 Parmelee Ave
Los Angeles, CA 90001


HIGHLIGHTS

  • Building is 100% occupied.
  • Improvements consist of a 1,180 square building on a 5,029 square foot lot.
  • Prime south Los Angeles location.

OVERVIEW

The subject property is a 5 unit apartment building located in the South Los Angeles submarket, south of Florence Ave and east of Hooper. The one story structure is wood frame stucco. The zoning for the lot is LCR3. The building was built in 1924 and the units are subject to LARSO with utilities separately metered. The unit mix consists of (4) single/ 1 bath and (1) 3 bed/1 bath units. The improvements consist of a 1,180 square building on a 5,029 square foot lot.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$678 USD /SF

# OF UNITS

5

PRICE/UNIT

$160,000

CAP RATE

7.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,029 SF

ZONING

LCR3*

APN/PARCEL ID

6024-019-043

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.