318 Parkman AvenueLos Angeles, CA 90026

Single Family · 6 Beds · 2 Full Baths · 2,031 Sq. ft. | 0.14 Acres
$1,795,000 Active

318 Parkman Avenue Overview

Time on Site:
98 days
Visits:
0

A rare jewel in the heart of 90026 (South Silver Lake and Echo Park adjacent), this exceptional income property features two beautifully remodeled 3-bedroom, 1-bath townhouse-style residences, offering the perfect blend of modern design, strong rental income, and iconic Los Angeles views. Both units are currently leased, providing immediate income and established tenancy, making this an outstanding turnkey investment opportunity. 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 residence showcases soaring 12-foot ceilings, open-concept living spaces, and a sleek contemporary aesthetic. Stainless steel appliances, in-unit stackable washer and dryer, and spacious floor plans create an attractive living environment that appeals to quality tenants. The front of the property features inviting outdoor entertainment areas with patio furnishings, perfect for enjoying 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 and additional storage space for added convenience.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 presents a rare opportunity to acquire a well-maintained, income-producing asset in one of Los Angeles' most sought-after neighborhoods. A truly exceptional investment opportunity. Call today for additional details.

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318 Parkman Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 2,031
  • Price/Sq.ft. $884
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association Amenities: Gated

School Information

  • School District: Los Angeles Unified

Building Information

  • Year Built: 1960

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

General Information

  • Parcel Number: 5156015016
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: LARD2

Interior

Parking Information

  • Garage Spaces: 0
  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Partial: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 6

Building Interior

  • Building Area Total: 2031
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Range
  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Carpet
  • Foundation Details: Slab
  • Laundry Features: Dryer,Laundry Closet,Washer,Other
  • Levels: Two Story
  • Living Area: 2031
  • Living Area Units: Square Feet
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Other
  • Parking Total: 6

Lot Information

  • Lot Size Acres: 0.1433
  • Lot Size Area: 0.1433
  • Lot Size Square Feet: 6243
  • Lot Size Units: Acres
  • Water Source: Public,Other

Waterfront/View

    Building Exterior/Construction

    • Attached Garage: false

    General Information

    • Carport: false
    • Covered Spaces: 0
    • Exterior Features: Other
    • Pool Features: None
    • Pool Private: false

    318 Parkman Avenue Neighborhood

    Community

    90026 (LOS ANGELES) Demographics

    35
    Median Age
    15,700
    Population Density (per sq. mile)
    47%
    College Educated
    $67,435
    Estimated Median Income
    6,392
    Estimated Total Home Owners
    20,415
    Estimated Total Renters
    24% / 76%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    318 Parkman Avenue Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    318 Parkman Avenue Market Data

    Based on the last 30 days in this zip code

    $1,468,395
    Average List Price
    $874
    Average Price per Square Foot
    21
    Properties Sold
    41
    Average Days on Market
    297
    Properties for Sale
    Calculations provided by Reliance Network

    318 Parkman Avenue History

    Date Event Value Agent
    6/2/2026Source: bridgeMLS Status Change
    Rented-Leased
    6/2/2026Source: CRMLS Status Change
    Closed
    5/1/2026Source: bridgeMLS Price Reduction
    $3,875 -0.6%
    5/1/2026Source: CRMLS Price Reduction
    $3,875 -0.6%
    4/16/2026Source: bridgeMLS Added to Database
    April 16, 2026
    4/15/2026Source: CRMLS Added to Database
    April 15, 2026
    3/23/2026Source: bridgeMLS Added to Database
    March 23, 2026
    3/23/2026Source: bridgeMLS Added to Database
    March 23, 2026
    3/23/2026Source: CRMLS Added to Database
    March 23, 2026
    3/23/2026Source: CRMLS Added to Database
    March 23, 2026
    1/9/2024Source: CRMLS Added to Database
    January 09, 2024
    10/19/2022Source: CRMLS Added to Database
    October 19, 2022
    10/13/2022Source: CRMLS Added to Database
    October 13, 2022
    10/5/2022Source: CRMLS Added to Database
    October 05, 2022
    Listing provided courtesy of Keller Williams Realty Los Feliz- MLS# CL26661119MLS Provider