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647 Parkman Ave, Los Angeles, CA 90026

Sale Price: $1,350,000
Aug 26, 20241,355 sqft3 beds3 baths
Listed by: Dennis Dewalt
License #: 02116703
Phone #: 323-774-3315
The Beverly Hills Estates
Source:
CRMLS Logo
MLS #: 24432007

Property Description

First time in the market in over 25 years! Zoned RD 1.5 for multiple dwellings. Welcome to 647 Parkman Ave, this stunning craftsman-style estate is just minutes walking distance from the highly desired Sunset Junction. Just a short walk away, you'll arrive at Silver Lake's highly sought after local dining and shopping hotspots. Situated on a picturesque, tree-lined street with multiple new developments and architecturally preserved homes, this two-story home offers the premiere location. The property features a main residence consisting of 2 bedrooms, 2 bathrooms, and 1,070 square feet of living space, along with a brand-new, 285-square-foot ADU completed in 2024. The ADU includes a kitchenette, ensuite bathroom, and a loft-style bedroom, perfect for generating passive income, accommodating extended family, or creating a private office space.Set on a spacious 7,450-square-foot lot, both the main house and ADU enjoy their own private outdoor areas. The fully fenced front yard is enclosed by 10-foot ficus hedges for maximum privacy, while the backyard is surrounded by lush landscaping and towering hedges, creating a serene retreat. A charming wooden deck near the ADU provides additional space for outdoor entertaining. As one of the last prime development opportunities on Parkman Ave, this property offers immense opportunity for either an end user or developer. Architectural Plans & Topography report are available for review upon request.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,484

TurboHome Estimated Value

$1,382,300

$1,020 sqft

High Valuation
$1,451,415
$1071/sqft
Normal Valuation
$1,382,300
$1020/sqft
Low Valuation
$1,313,185
$969/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1020/sqft$1,382,300

Neighborhood: Silver Lake

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Comparative Value

$1.25M

$1.27M

$1.35M

$1.40M

$1.43M

$1.45M

757 Silver Lake Blvd, Los Angeles, CA 90026

Sale Price: $1,250,000

Selected Comparable

3117 London St, Los Angeles, CA 90026

Sale Price: $1,275,000

Selected Comparable

647 Parkman Ave, Los Angeles, CA 90026

Sale Price: $1,350,000

Selected Comparable

647 Parkman Ave, Los Angeles, CA 90026

List Price: $1,399,000

Subject Property

2920 Reservoir St, Los Angeles, CA 90026

Sale Price: $1,425,000

Selected Comparable

2520 Kent St, Los Angeles, CA 90026

Sale Price: $1,449,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
647 Parkman Ave, Los Angeles, CA 90026

647 Parkman Ave, Los Angeles, CA 90026

List: $1,399,000

Listed: 8/26/2024

Area:1,355 sqft
Price/sqft:$1,032
Beds:3
Baths:3
Year Built:
Lot Size:7,450

Comparable Properties

COMPARABLE
Choose comps
647 Parkman Ave, Los Angeles, CA 90026

647 Parkman Ave, Los Angeles, CA 90026

Sale: $1,350,000

3/7/20250.00 mi

Area:1,355 sqft
Price/sqft:$996
Beds:3
Baths:3
Year Built:
Weight:23.4%
2920 Reservoir St, Los Angeles, CA 90026

2920 Reservoir St, Los Angeles, CA 90026

Sale: $1,425,000

5/1/20250.38 mi

Area:1,300 sqft
Price/sqft:$1,096
Beds:3
Baths:3
Year Built:
Weight:22.5%
3117 London St, Los Angeles, CA 90026

3117 London St, Los Angeles, CA 90026

Sale: $1,275,000

9/16/20240.18 mi

Area:1,400 sqft
Price/sqft:$911
Beds:3
Baths:2
Year Built:
Weight:18.8%
2520 Kent St, Los Angeles, CA 90026

2520 Kent St, Los Angeles, CA 90026

Sale: $1,449,000

2/5/20250.31 mi

Area:1,209 sqft
Price/sqft:$1,199
Beds:3
Baths:2
Year Built:
Weight:18.2%
757 Silver Lake Blvd, Los Angeles, CA 90026

757 Silver Lake Blvd, Los Angeles, CA 90026

Sale: $1,250,000

5/9/20250.13 mi

Area:1,710 sqft
Price/sqft:$731
Beds:3
Baths:4
Year Built:
Weight:17.1%

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