21 days on rocket

7509 Parmelee Ave, Los Angeles, CA, 90001

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath
951 SqFt
$578/SqFt
House

Location

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7509 Parmelee Ave, Los Angeles$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, RV Access/Parking
Year Built1927
HeatingWall Furnace
CoolingNone
FireplaceNone
ViewNeighborhood
MLS #IG24225364
Lot Size0.14 Acres
StatusActive

About 7509 Parmelee Ave

Prime Investment Opportunity!! Situated on a spacious corner lot, this 2-bedroom, 1-bathroom property is positioned for those with an eye for growth potential. Located near major freeways (110, 105, 10, and 405), it provides seamless access to Downtown LA, SoFi Stadium, LAX Airport, and the sought-after Beach Cities. Perfect for investors, builders, and flippers alike, the property's corner lot positioning offers a unique advantage for expansion or redevelopment. With ample room to build, this “as is” sale invites you to bring your vision to life. Act now to secure a strategic addition to your portfolio in an unbeatable LA location. CASH Buyers Only.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 951 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: miguel@kellymclaren.com
  • Listing Agent: Miguel Aguirre Campos

Interior Features

Interior Information:

  • Appliances: Range, Gas Range, Gas Water Heater, Range Hood, Water Heater
  • Interior: Eat-in Kitchen, Unfurnished, All Bedrooms Down, Workshop
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: TV Antenna

Parking Information:

  • Parking: Driveway, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Front Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: 10 Frwy > Exit Alameda > R Slauson > L Compton > R Florence > L Parmelee

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $578/SqFt

Tax Information:

  • Annual Amount: $864
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7509 Parmelee Ave vs Los Angeles

21 DAYS ON ROCKET

-17 Days

$550,000

-$473.4K Less

$578/SqFt

-$63 Less

KEY TAKEAWAY

This property is $473.4K less than the Median Sold Price and $63/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24225364

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: miguel@kellymclaren.com
  • Listing Agent: Miguel Aguirre Campos

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$864$24,400
2020$846$24,151
2019$759$23,678
2018$745$23,215
2017$745$22,761

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-783486
6
/10

  • Parmelee Elementary

  • 1338 E 76th Pl

  • 0.15 miles

  • Public District Grades KG-6

school-card-donut-783487
4
/10

  • Wisdom Elementary School

  • 1125 E 74th St

  • 0.34 miles

  • Public District Grades PK-6

school-card-donut-783488
4
/10

  • Miramonte Elementary School

  • 1400 E 68th St

  • 0.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,500. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7509 Parmelee Ave

What is the listing price of this property?

The listing price of 7509 Parmelee Ave property is $550,000.

What type of property is this?

The property 7509 Parmelee Ave is a house located in Los Angeles, California, 90001.

Is this property for sale now?

Active Listing: 7509 Parmelee Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $864 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7509 Parmelee Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7509 Parmelee Ave is 951 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7509 Parmelee Ave is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90001›7509 Parmelee Ave

This home is located at 7509 Parmelee Ave in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 951 square foot home, which was built in 1927, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $550,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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