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.