$1.55M
422 Parkman, LOS ANGELES, CA 90026
Duplex
Description
Situated on a quiet cul-de-sac in Silver Lake, 422 Parkman Ave presents a well-located duplex opportunity in one of Los Angeles’ most sought-after rental markets. The property consists of two spacious 3-bedroom / 2-bath units totaling approximately 2,548 square feet of rentable space on a 5,459 square foot lot. It was built in 1996 so it is not subject to LA City Rent Control, it is only subject to AB 1482 statewide rent control. The upstairs unit has been newly renovated, creating an excellent opportunity for an owner-user to occupy one unit while generating income from the other. The unit features high ceilings, abundant natural light, and in-unit laundry, providing a comfortable and functional living environment. The lower unit provides stable in-place income with additional rental upside over time. The property includes a rear parking area with multiple spaces, offering convenient off-street parking for tenants. With strong existing income and the potential to capture market rents, the property presents both immediate cash flow and long-term value growth. Currently offering a 4.73% CAP rate and 14.57 GRM on current income, with a projected 5.59% market CAP and 12.92 market GRM, 422 Parkman Ave represents an attractive investment opportunity in a high-demand Silver Lake submarket known for its strong renter demand and proximity to major employment centers throughout Los Angeles.
Property Details
Bedrooms
6
Bathrooms
4
Living Area
2,548 sqft
Lot Size
5,459 sqft
Year Built
1996
Stories
2
Price History
Listed
Mar 18, 2026
$1.55M
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
Hollywood Hotel
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Hotel Normandie LA
605 Normandie Avenue, Los Angeles
Langer's Delicatessen-Restaurant
704 South Alvarado Street, Los Angeles
Cafe Stella
3932 Sunset Boulevard, Los Angeles
The Boiling Crab
3377 Wilshire Boulevard UNIT 115, Los Angeles
Masa of Echo Park Bakery & Cafe
1800 Sunset Boulevard, Los Angeles
Pacific Dining Car
1310 West 6th Street, Los Angeles
LAMILL Coffee - Silverlake
1636 Silver Lake Boulevard, Los Angeles
8 places within 3 km · Google Places
Listed by Brett Lyon — Lyon Stahl Investment Real Estate, Inc. (MLS# SBLYONBRE)
MLS# SB26059484
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 4/12/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District — DRE# 02356332
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Estimated Monthly Payment
$9,563.45
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Loan Amount
$1,240,000
Down Payment
$310,000
Total Interest
$1,655,342
Total Cost
$3,442,842
Rose District
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$1.55M
422 Parkman, LOS ANGELES, CA 90026