422 Parkman Ave

Los Angeles, CA 90026

$1,400,000
Price
6
Beds
4
Baths
2,548 Sq. Ft.
$549 / Sq. Ft.
2,548
Sq. Ft.
$549
per Sq. Ft.
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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...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 5.34% CAP rate and 13.16 GRM on current income, with a projected 6.29% market CAP and 11.67 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.
  1. Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3107801899
  2. Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est

Property Details for 422 Parkman Avenue

View
None
Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2548
LISTING UPDATED: 05/20/2026 04:58 AM

Property Details for 422 Parkman Avenue

StatusActive
MLS #SB26058411
Days on Market64
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeTownhouse
MLS TypeResidential Income
Year Built1996
CountyLos Angeles County
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Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818; Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621
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Building Information for 422 Parkman Avenue

Building/Complex422 Parkman AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1996Building Size-

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$7,867 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,976

Property Taxes

$891

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 422 Parkman Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $106,368
  • Vacancy Allowance: 3191
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $103,177
  • Net Operating Income: $74,829
  • Gross Multiplier: 13.16
  • Cap Rate: 5.34
Expense Details
  • Operating Expense: $28,348
  • Operating Expense Percent: 29.00%
  • New Taxes Expense: $17,487
  • Gardener Expense: $1,200
  • Insurance Expense: $3,822
  • Maintenance Expense: $4,255
  • Maintenance Percent: 4.00%
  • Other Expense: $2,000
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $28,348
Tax / Assessment Info
  • Tax Tract Number: 1958.02
  • CFD/Mello-Roos Fee: $448
  • Tax Lot: 12
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Room Type: Laundry, Kitchen
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
Exterior Features
  • Entry Location: Front Gate
  • Structure Type: Duplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: On Site
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
  • Residential Unit Location: 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,864
  • Unit Type Total Rent: $3,864
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $5,000
  • Unit Type Total Rent: $5,000
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 422 Parkman Avenue

DateEvent & SourcePriceAppreciation
May 20, 2026

Price Change

CLAW #SB26059484MR

$1,400,000—
May 20, 2026

Price Change

CLAW #SB26058411MR

$1,400,000—
May 20, 2026

Price Change

CRMLS #SB26059484

$1,400,000—
DateEvent & SourcePrice
05/20/2026

Price Change

CLAW #SB26059484MR

$1,400,000
05/20/2026

Price Change

CLAW #SB26058411MR

$1,400,000
05/20/2026

Price Change

CRMLS #SB26059484

$1,400,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 422 Parkman Avenue

Taxable ValueLand$578,053Additions$284,248Total$862,301
Tax Record2025$10,687 ($891 / month)
Home Facts
Total Finished SqFt2,548 SqFtAbove Grade Finished SqFt2,548 SqFtLot Size5,459 SqFtStyleDuplexYear Built1996ZoningLARD2CountyLOS ANGELESAPN5401-025-033

Schools near 422 Parkman Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Camino Nuevo Sandra Cisneros
Charter - K to 8
Virgil Middle School
Public - 6 to 8
Contreras Learning Center-School Of Social Justice
Public - 9 to 12
Miguel Contreras Learning Complex School
Public - 9 to 12
Rating
School
Distance
Camino Nuevo Sandra Cisneros
CharterK to 8

Virgil Middle School
Public6 to 8

Contreras Learning Center-School Of Social Justice
Public9 to 12

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 422 Parkman Avenue, Los Angeles, CA 90026

422 Parkman Avenue is a townhouse for sale in Los Angeles, CA 90026. This property was listed for sale on March 18, 2026 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,400,000. It has been on the market for a total of 64 days and was last sold on August 28, 2006. This listing's school district is Los Angeles Unified School District. Nearby schools include Camino Nuevo Sandra Cisneros, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 422 Parkman Avenue is a 6-bed, 4-bath, 2,548 sqft townhouse built in 1996.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818; Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.