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422 Parkman Ave
Los Angeles, CA 90026 Silver Lake

$1,435,000 USD

Apartments For Sale  •  2,548 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,548 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1996
  • Zoning RD2
80 Transit Score
60 Walk Score

Highlights

1996 Constructed Asset – Not Subject to City of Los Angeles Rent Control, Only Subject to AB 1482 State Rent Control
Duplex on a Cul-De-Sac in Silverlake w/ High Renter Demand
Great Unit Mix: (2) 3-Bed/2-Bath
Upstairs Unit is Currently Vacant and Newly Renovated – Perfect for an Owner User | High Ceilings w/ In-Unit Laundry
Parking lot in the Back with 4 Total Spaces
Strong Current Income w/ Upside | 5.19% CAP & 13.49 GRM | 6.11% Market CAP & 11.96 Market GRM

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.2 mi
AirportDriveWalkDistance
Bob Hope 22 min - 12.1 mi
Los Angeles International 29 min - 20.5 mi
Long Beach (Daugherty Field) 35 min - 25.6 mi
Brett Lyon 310-780-1899 Lyon Stahl Investment Real Estate, Inc.
Brett Lyon 310-780-1899 Lyon Stahl Investment Real Estate, Inc.