Millman Team Real Estate

$1,795,000
6 Bed
2 Bath
2,031 Sqft
0.14 Acre Lot

318 Parkman Avenue, Los Angeles, California 90026

  • Residential Property Type
  • 2,031 Sqft Square Footage
  • Carport Cars Garage
  • 1960 Year Built
Property Description

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.

Basic Details
Residential
For Sale
26661119
$1,795,000
City Lights,Hills
6
2
2,031 Sqft
1960
0.14 Acre
Active
2
: Composition
Features
: None
: Central
: Dual
: Wrought Iron
: None
: Front Porch
: Carport, Electric Gate
6.0
: Carpet
: Eat-in Kitchen
: Laundry Closet, Stacked
: Sewer Tap Paid
$0
Appliances
: Gas Cooktop, Dryer, Washer, Disposal
Address Map
CA
Los Angeles
Los Angeles
90026
Parkman
318
Avenue
W119° 43' 19.9''
N34° 4' 28.2''
West
North of Temple, East of Hoover, South of 101 Fwy.
C21 - Silver Lake - Echo Park
LARD2
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
2031
: Gated
: Slab
: Two
50x125
2026-03-10
2
: Public
Broker/Agent Information
Keller Williams Realty Los Feliz
Elvia Vasquez
Listing Information
CLW-C125456
CLW-X74016
Active
2026-06-04T22:48:35Z
CRMLS
: Standard
2026-03-10T00:00:00Z
Agent info
Ray Millman
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