Trimark Realty
318 Parkman Avenue primary photo
Active·Multi-Family (2 Units)

$1,795,000

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318 Parkman Avenue, Los Angeles CA 90026

9 beds3 baths2,031 sqft

Multi-Family (2 Units)

Property type

80 days

On market

$884

Price per sqft

0 cars

Garage

1890

Year built

6,243 sqft

Lot size

Home highlights

Central AirCentral HeatTile floor

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Overview

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...

Listing provided by: Elvia Vasquez DRE #01044853 310-701-8319, Keller Williams Realty Los Feliz

Listing updated: Jun 4, 2026 at 11:03pm.

Last checked: Jun 4, 2026 at 11:30pm

Source: CRMLS #25605611

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
131$3,640$3,640$3,900Unfurnished
231$3,900$3,900$3,900Unfurnished
  • # of Buildings: 1

  • # of Units Total: 2

  • Separate Electric Meters: 2

  • Separate Gas Meters: 2

  • Carpet: 2

  • Disposal: 2

  • Rent Control: Yes

  • Units Leased: 2

  • Tenant Pays: Cable Tv

Financial Snapshot

Gross Rent Multiplier

19.8x

List Price / Annual Gross Rent

Cap Rate

3.61%

NOI / List Price

  • Net Operating Income: $64,871

Annual Operating Expenses

  • Gardener: $2,735

  • Insurance: $5,271

  • New Taxes: $14,764

  • Water / Sewer: $2,112

Interior

  • Flooring: Carpet, Tile

  • Cooling: Central Air

  • Heating: Central

  • Appliances: Disposal

  • Fireplace: None

  • Laundry: Laundry Closet

  • Accessibility: None

  • Entry Location: Ground Level W, Steps

Exterior

  • Property Attached: Yes

  • Stories Total: 2

  • Levels: Two, Multi Split

  • Roof: Composition

  • Foundation: Slab

  • Construction Materials: Stucco, Wood Siding

  • Property Condition: Updated Remodeled

  • Common Walls: One Common Wall

  • Direction Faces: West

  • Security Features: Security Gate

  • Pool: None

  • Spa: None

  • Sewer: Sewer Tap Paid

  • View: City Lights, Hills, Landmark

  • Patio and Porch Features: Front Porch

Garage and Parking

  • Parking: Gated, Private, One Space

  • Garage Spaces: 0

  • Uncovered Spaces: 6

  • Carport Spaces: 0

  • Parking Total: 6

Lot Information

  • Land Lease: No

  • Parcel #: 5156015016

  • Additional Parcels: No

  • Zoning: LARD2

  • Lot Size Dimensions: 50x125

Community

  • HOA: No

  • Senior Community: No

  • High School District: Los Angeles Unified

    Nearby Schools

    Nearby schools around the 318 Parkman Avenue, Los Angeles, CA 90026. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $1,436,000

    Total Interest

    $1,831,539

    Total Payment

    $3,267,539

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $11,096

    per month

    Principal
    $1,298
    Interest
    $7,778
    Property Tax
    $1,870
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 318 Parkman Avenue

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    Los Angeles Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 90026.

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