9223 Parmelee, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 2 bath
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Los Angeles, California 90002
This Renovated Craftsman Residence is a Strong Value Opportunity, listed at $600,000—positioned well below the $637,565 Fair Market Value by 5%. This valuation gap offers $37,565 in Instant Equity for the buyer. Boasting a Condition Rating of 2, the home features a modernized kitchen and updated flooring, ensuring a move-in-ready experience within the Los Angeles Unified School District. With a detached 2-car garage providing significant ADU Potential and a private patio, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9223 Parmelee Subject | $600,000* List Price | 3 | 2 | 1,292 | $498 | - |
A 906 E 87th Street Sold | $630,000 | 3 | 2 | 1,180 | $534 | 0.6 mi |
B 758 E 94th Sold | $679,000 | 3 | 2 | 1,227 | $553 | 0.6 mi |
C 742 E 91st Street Sold | $750,000 | 3 | 2 | 1,311 | $572 | 0.6 mi |
D 9323 Beach Sold | $685,000 | 4 | 2 | 1,217 | $563 | 0.1 mi |
E 620 E 91st Street Sold | $580,000 | 2 | 1 | 1,200 | $483 | 0.8 mi |
F 9427 Baird Avenue Active Under Contract | $688,000 List Price | 3 | 2 | 1,294 | $532 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1916, the property has undergone an extensive recent renovation that meets modern standards. The interior features a fully updated kitchen with white shaker-style cabinetry, stone countertops, and stainless steel appliances. The bathrooms have been modernized with new vanities and contemporary tile work. With recessed lighting, updated flooring throughout, and a clean, move-in-ready appearance, the home shows no signs of deferred maintenance.
The detached 2-car garage and generous backyard offer significant potential for an Accessory Dwelling Unit (ADU) conversion, providing a great opportunity for value-add or rental income.
Despite its historic roots, the home features a highly desirable 3-bedroom, 2-bathroom configuration with a dedicated office and an open floorplan that flows seamlessly for modern living.
Built in 1916, this light-filled Craftsman-style residence offers architectural character and thoughtful details that distinguish it from more common contemporary builds in the area.
As a probate sale, the transaction may involve specialized legal procedures and potentially longer timelines for court confirmation, which could be a hurdle for buyers seeking a quick closing.
Given the property's 1916 construction date, buyers should anticipate the need for thorough inspections and potential maintenance or upgrades to aging systems typical of a 100-year-old home.
Welcome home to this charming Craftsman style home at 9223 Parmalee Ave, offered as a probate sale. Light-filled and inviting, this 3-bedroom, 2-bath residence features a dedicated office and an easy, open floorplan flowing from the living room to the dining area and into the kitchen — ideal for everyday living and effortless entertaining. Thoughtful details include an indoor laundry room and a generous backyard perfect for relaxing or gardening. The detached 2-car garage offers excellent potential for an ADU, plus plenty of off-street parking for guests and family. This home blends classic character with modern convenience in a desirable Los Angeles neighborhood. Probate sale — buyers to verify all information and consult with their agent regarding probate procedures. Schedule your showing today.
No exterior & parking available.
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| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 52% |
| Square foot | 1,292 | 1,024 | 75% |
| Lot Size | 4,769 | 4,886 | 37% |
| Price | $600.0K | $600.0K | 50% |
| Price per sq ft | $464 | $579 | 27% |
| Built year | 1916 | 1939 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 180 | 5% |
Feb 20, 2026
$600,000
Initial Listing
Sep 2, 2016
$356,000
Public Record
Aug 25, 2009
$147,000
Public Record
Nov 9, 2004
$320,000
Public Record