318 Parkman Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

318 Parkman Avenue

Los Angeles, CA 90026
6 Beds
2 Baths
2,031 Sq Ft
Built 1890
$1,795,000

Property Overview

A rare jewel in the heart of 90026 (South Silver Lake and Echo Park adjacent), this exceptional property features two beautifully remodeled 3-bedroom, 1-bath townhouse-style residences, offering the perfect blend of modern design, income potential, and iconic Los Angeles views. Both units are currently leased, providing immediate income and established tenancy. This makes the property an outstanding turnkey investment opportunity in one of Los Angeles' most sought-after rental markets. Originally rebuilt in 2015, the property has been thoughtfully upgraded with new plumbing, electrical systems, water heaters, modern kitchens, and updated bathrooms, offering both style and peace of mind. Each unit showcases soaring 12-foot ceilings, open-concept living spaces, and a sleek contemporary aesthetic. Stainless steel appliances, in-unit stackable washers and dryers, and spacious layouts create a comfortable environment ideal for both everyday living and entertaining. The front of the property features inviting outdoor entertainment areas with patio furnishings, perfect for relaxing evenings or hosting guests while taking in breathtaking views of the Hollywood Hills, the iconic Hollywood Sign, and Griffith Observatory. Beautiful landscaping and mature fruit trees add greenery and charm throughout the property.At the rear, a large gated area provides parking for up to six vehicles, along with a private rear entrance for added convenience and additional storage space.Ideally located within walking distance of local schools, shops, and neighborhood amenities, and just moments from the vibrant hotspots of Virgil Village, Silver Lake, Echo Park, and DTLA, this 90026 gem offers investors the opportunity to acquire a well-maintained, income-producing asset with strong rental appeal and exceptional long-term upside. This is a rare investment opportunity. Call today for more details!

Home Details

Property type
Residential Income
Year built
1890
Living area
2,031 sq ft
Lot size
6,243 sq ft
Parking
6 spaces
Stories
2
Days on market
73
MLS status
Active
Zoning
LARD2

Features & Amenities

Appliances

  • Disposal

Parking

  • Gated
  • Private
  • One Space

Pool

  • None

Security

  • Security Gate

Community, Schools & Utilities

Community

View
CityLights,Hills,Landmark

Schools

School district
Los Angeles Unified

Utilities

Heating
Central
Cooling
CentralAir
Sewer
SewerTapPaid
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Location & Neighborhood

318 Parkman Avenue

Los Angeles, CA 90026

Frequently Asked Questions About 318 Parkman Avenue

Property type: Residential Income

The current asking price is $1,795,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 318 Parkman Avenue. Our team will confirm availability and timing.
This 6 bedrooms and 2 bathrooms property offers approximately 2,031 square feet of living space. It was built in 1890. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 73 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Elvia Vasquez
MLS ID: CLW-C125456

Available property

$1,795,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.