Getting my name on the title of my parents' house

[Kasey Destache]

Hi BP Fam! 

My father wants to put my name on the title of his house. The house is located in Los Angeles, CA (90066 area). We want to do this so that I can refinance for them and help them pay down the house. It will also allow me to use the equity on this house to invest in another. Is there a way to do this? Would really appreciate any input or feedback from someone (particularly from the Los Angeles area) who has experience with this. 

Thanks in advance!