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6714 Parmelee Avenue

Los Angeles, CA 90001
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Bed 5

Bed

Bath 5

Bath

SqFt2,506

Sqft

SqFt5,237

Sqft(Lot)

We are pleased to present the opportunity to acquire 6714 Parmelee Ave, an attractive multifamily property that consists of five legal units and one non-conforming unit, located in the Florence-Firestone neighborhood of South Los Angeles. The property consists of approximately 2,506 SF of building area on a 5,237 SF lot and is zoned LCR3YY, offering an attractive combination of existing income and long-term upside. Originally constructed in 1963, the property features six 1-bedroom/1-bathroom units, providing an investor with a diverse income-producing asset. The property offers six parking spaces, including two open-air spaces and four covered carport spaces located in the rear, along with gated access. Residents benefit from individually metered gas and electricity, allowing the owner to minimize utility expenses and place greater responsibility for consumption directly on tenants. The property offers approximately 29% rental upside, providing an investor with an opportunity to increase income through the repositioning and lease-up of the property. The property is conveniently located directly across the street from Miramonte Elementary School, one block west of Compton Ave, and just a few blocks south of Gage Ave. Its location provides convenient access to major thoroughfares, public transportation, schools, employment centers, and neighborhood amenities throughout South Los Angeles.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $833,000

AD Id : 91414169

MLS Id : 26990985

Beds : 5

Lot Size : 5,237 Sq. Ft

Living Area Size : 2,506 Sq. Ft

Year Built : 1963

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 5
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1963
    Building Area Total: 2506
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 42x125 Main Square Feet: 5237 Lot Size Acres: 0.1202 Lot Size Square Feet: 5,237

  • Listing Price Information

    Listing Price: $833000

  • Tax Information

    Parcel Number: 6010022028

  • Location Information

    Direction: 101 South to 110 South, Take the Gage Ave exit toward Florence Ave, Merge onto S Flower St, Use the left 2 lanes to turn left onto W Gage Ave, Turn right onto Hooper Ave., Turn left onto E 67th St, Turn right onto Parmelee Ave. Property is on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7500 Crockett, Los Angeles, CA, 90001 $424,999 2 2 566 2,395 Sq. Ft
6208 Holmes, Los Angeles, CA, 90001 $725,000 2 1 768 6,750 Sq. Ft
6525 Holmes Avenue, Los Angeles, CA, 90001 $899,000 3 3 3,347 7,545 Sq. Ft
7828 Bell, Los Angeles, CA, 90001 $475,000 2 1 760 1,805 Sq. Ft
1703 E 67th Street, Los Angeles, CA, 90001 $1,299,000 10 5 3,273 5,949 Sq. Ft
1914 Firestone, Los Angeles, CA, 90001 $399,000 1 1 528 3,938 Sq. Ft
6101 Compton Avenue, Los Angeles, CA, 90001 $1,450,000 7 5 7,350 6,608 Sq. Ft
1433 E 61st Street, Los Angeles, CA, 90001 $1,000,000 8 8 4,456 6,957 Sq. Ft
1503 E Gage Avenue, Los Angeles, CA, 90001 $599,999 3 3 1,412 2,366 Sq. Ft
1318 E 59th Place, Los Angeles, CA, 90001 $950,000 7 -- 2,415 5,690 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 10:28

MLS: 26990985 LISTED BY: Sevak Keshishian, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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