2 months on rocket

647 Parkman Ave, Los Angeles, CA, 90026

$1,499,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,355 SqFt
$1,106/SqFt
House

Location

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647 Parkman Ave, Los Angeles$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street
Year Built1921
HeatingWall Furnace
FireplaceNone
ViewCity Lights
MLS #24432007
Lot Size0.17 Acres
StatusActive

About 647 Parkman Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1921
  • Stories: 2
  • Living Area: 1,355 SqFt

Listing Office:

  • Office Name: The Beverly Hills Estates
  • Office Phone: (310) 626-4248
  • Listing Agent: Dennis Dewalt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Virgil Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Micheltorena Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Exit of the 101 Freeway to Silver Lake Blvd going North East. Make a right (South) turn onto Bellevue Ave. Make a left (North) turn onto Parkman Ave. The property will be on your left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $1,106/SqFt

Tax Information:

  • Annual Amount: $2,239
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

647 Parkman Ave vs Los Angeles

69 DAYS ON ROCKET

+31 Days

$1,499,000

+$475.5K More

$1,106/SqFt

+$465 More

KEY TAKEAWAY

This property is $475.5K more than the Median Sold Price and $465/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24432007

Listing Office:

  • Office Name: The Beverly Hills Estates
  • Office Phone: (310) 626-4248
  • Listing Agent: Dennis Dewalt

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 1998Home Sold
$120,000
Nov 30, 1995Home Sold
$190,000
Oct 31, 1994Home Sold
$63,000
Sep 15, 1988Home Sold
$153,000
Apr 08, 1988Home Sold
$127,500
Apr 08, 1988Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,239$176,995
2020$2,172$175,181
2019$2,141$171,747
2018$2,094$168,380
2017$2,094$165,080

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1597801
7
/10

  • Micheltorena Street Elementary School

  • 1511 Micheltorena St

  • 0.73 miles

  • Public District Grades KG-6

school-card-donut-1597802
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.97 miles

  • Public Magnet Grades KG-6

school-card-donut-1597803
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.39 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1597804
5
/10

  • Virgil Middle School

  • 152 N Vermont Ave

  • 0.84 miles

  • Public District Grades 6-8

school-card-donut-1597805
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.89 miles

  • Public District Grades 6-8

High School

school-card-donut-1597806
3
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.38 miles

  • Public District Grades 9-12

school-card-donut-1597807
5
/10

  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 1.70 miles

  • Public District Grades 9-12

school-card-donut-1597808
3
/10

  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 1.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,536. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 647 Parkman Ave

What is the listing price of this property?

The listing price of 647 Parkman Ave property is $1,499,000.

What type of property is this?

The property 647 Parkman Ave is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 647 Parkman Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 647 Parkman Ave are:
Micheltorena Street Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Virgil Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 3/10
Edward R. Roybal Learning Center: GreatSchools Rating 5/10
Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,239 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 1, 1998 for $120,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 647 Parkman Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 647 Parkman Ave is 1,355 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 647 Parkman Ave is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›647 Parkman Ave

This home is located at 647 Parkman Ave in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 1,355 square foot home, which was built in 1921, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,499,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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