Active

656 Parkman Ave

Los Angeles CA, 90026

$2,195,000


$716.15 per sqft

Active

5 Beds

4 Baths

3,065 sqft

Multi-family

Built in 1904

If ever there was a multi-family property that screamed "Classic Silver Lake" this one is it. It has so many features that will attract that renter who wants to live in Silver Lake, as follows:First, it is located on a really great street that is filled with other properties - single family as well as multi-family - that are all just as cool as this one. While being set in a very serene location, it is, at the same time, walking distance to all the shops and restaurants on Sunset Blvd, including "All Day Baby," "Millies," "Bacari Silver Lake," and many others. It is also a mile away from the Silver Lake Reservoir with all of its restaurants (L and E Oyster Bar, Le Mille Coffee Shop), running trail, picnic area and dog park. It is also a 2 minute drive to the 101 Fwy, which easily gets you to downtown as well as the studios, Hollywood and the West Side. Then, there is the property itself...Each unit is oozing with charm and character, and lots of space and lots of light, original hardwood floors throughout, as well as spectacular views to the west. The bottom unit is 2 bed 2 bath, 1200 sq ft, with a bonus room in the basement that is currently acting as a third bedroom. The primary bedroom is huge, with a very large closet and ensuite bathroom. As great as the bottom unit is, many feel that the top unit is even more desirable. Firstly, it is only unit that has central heat and air. It has tons of light, a bay window that looks out to the west and shows the Santa Monica hills and some of the best sunsets that exist anywhere. It is also 2 bed and 1 bath 1200 sq ft, and also features a very large amount of closet space. And, as you can see in the photos, it has a great deck that looks out over a sprawling back yard. This has been the owner's unit for 22 years but, frankly, either unit would serve wonderfully as the owner's unit. Also, importantly, there are no phone lines and no power lines across or over the property, which is very rare. Plumbing and electrical are performing very well throughout the property, though could certainly stand some updating. But the foundation was just upgraded and retrofitted last year and is in excellent shape. Same with roof back in 2019. Also, it is a street-to-alley lot which has 3 car parking in the rear which is accessed through the alley. Also, street parking on Parkman is excellent day and night. The property is gated and secure. The list of pluses goes on and on. It also has a non-conforming modest detached 1 bedroom unit in the rear which one can easily (and inexpensively) get approved as an ADU if they are so inclined, though the current owner has never felt the need to do so. The top unit and the small unit in the rear will be delivered vacant. The bottom unit will also be vacated by the end of Feb '25, so a new owner can get market rents, which will be quite high, in all three units.

24-466915

MLS ID

November 25, 2024

Listed

December 9, 2024

Updated

Map

656 Parkman Ave
Los Angeles CA, 90026

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

4


Appliances

Refrigerator, Range/Oven, Garbage Disposal, Washer, Dryer


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window, Central


Heating

Yes


Heating Description

Wall, Central

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

14


Garage

No


Parking

Uncovered


Parking Total

3


View

No


County

Los Angeles


Pool

No


Zoning

LARD1.5

Listed by Ken Shapiro with Silverwood Properties
Listing Contact: 818-237-6963 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alyssa Valentine + Anselm Clinard | CA DRE# 01517618 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/9/2024

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