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Lisa Bethel

lisa.bethel@engelvoelkers.com +1(818) 319-5060

$ 1,795,000

Est. payment -/mo

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Active

318 Parkman AVE Los Angeles, CA 90026

6 Beds

2 Baths

2,031 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,031 sqft

Price per Sqft $883

MLS Listing ID 25605611

Bedrooms 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1890

Lot Size 6,242 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Fireplaces Type None

Inclusions Storage sheds

Fireplace No

Appliance Disposal

Laundry Laundry Closet

Exterior

Parking Features Gated, Private, One Space

Pool None

View Y/N Yes

View City Lights, Hills, Landmark

Roof Type Composition

Accessibility None

Porch Front Porch

Total Parking Spaces 6

Private Pool No

Building

Faces West

Story 2

Entry Level Two,Multi/Split

Foundation Slab

Sewer Sewer Tap Paid

Level or Stories Two, Multi/Split

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5156015016

Security Features Security Gate

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Elvia Vasquez Keller Williams Realty Los Feliz #01044853

NEARBY SCHOOLS & PROPERTIES

Lisa Bethel

Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953

+1(818) 319-5060

Lisa Bethel

318 Parkman AVE Los Angeles, CA 90026

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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318 Parkman AVE