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: ResidentialIncome
Year Built: 1890
Lot Size: 6,243 sq ft
Private Pool: Yes
MLS Number: 25605611
About This Property
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!
Listing provided by: Elvia Vasquez