318 Parkman Avenue
Los Angeles, CA, 90026 $ 1,795,000
Bedrooms6 Baths2.0 Sq 2,031 Monthly Estimate*
$ 11,334
for $1,795,000 with 6 bedrooms and 2 full baths. This 2,031 square foot home was built in 1960 on a lot size of 0.14.
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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FeaturesGeneralLiving Area 2031
Sewer Sewer Paid
Heating Central
Cooling Dual
Roof Composition
Zoning LARD2
Patio/Porch Features Front Porch
Security Features Gated Community
Exclusions All personal property
Year Built 1960
View City Lights Hills
Levels Two
County Los Angeles
New Construction false
Property Type Residential
HOA false
Attached Garage false
Status Active
City Los Angeles
Entry Location Living Room
Senior Community Y/N false
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 6243
Land Lease Y/N false
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Structure Type None
Standard Status Active
Year Built Source Assessor
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InteriorFlooring Carpet
Total Stories 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None Dryer Included In Closet Stackable Washer Included
Total Baths 2
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ExteriorFencing Wrought Iron
Parking Features Auto Driveway Gate Carport
Water Source Public
Lot Size Area 6243
Foundation Details Slab
Spa false
Building Area Total 2031
Lot Dimensions 50x125
Lot Size Acres 0.14
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* Excluded FeaturesList ByElvia VasquezListing Agent
Keller Williams Realty Los FelizBroker
Affordability Calculator
- Monthly Principal & Interest
- $11,334
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Los Angeles, CA
Average List Price $3,883,686
Percent of Sale Price 116%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/7/2026 | $1,795,000 | | Listed Price |