318 Parkman Avenue, Los Angeles, CA 90026
List Price: $1.79M
Listing Status: Active
0Days on Market: 73
6 Bedrooms · 2 Bathrooms · 2,031 sq ft
Property Type: Residential
Year Built: 1960
Lot Size: 6,243 sq ft
Private Pool: Yes
MLS Number: 26661119
About This Property
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.
Listing provided by: Elvia Vasquez DRE #01044853 323-300-1000