Property listed by Carolwood Estates, Tyler Convery 310-623-3600
$2,950,000
Nestled at the intersection of the Hollywood Hills, Franklin Village, and Beachwood Canyon, 1960 Argyle Ave is a rare multifamily investment opportunity offering stable in-place income with significant value-add upside in one of Los Angeles' most sought-after rental markets. The existing 4-unit property has been recently remodeled with condo-quality finishes… Read More throughout and features spacious 2-bedroom, 2.5-bathroom units, alley access, and rear garages. Zoned R3-1XL, the property offers exceptional development potential with the opportunity to add multiple ADUs through garage conversions, enclosure of existing garage space, and the ability to build above the garages (buyer to verify). Ideally located near Griffith Park, major studios, premier dining, and entertainment, this is a premier value-add asset with long-term growth potential. Read Less
Listing Snapshot
Days Online
61
Last Updated
Beds
8
3/4 Baths
12
Square Ft.
5,712
Lot Size
0.19 Acres
Year Built
1920
MLS Number
26833639
Additional Details
Appliances & Equipment
Barbecue, Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1920, Living area: 5712.0, 1 building, Levels: MultiSplit
Cooling
CentralAir
Heating
Central
Income
Gross Income: $212,880, Net Operating Income: $177,513
Lot
0.1918 acres
Parking
8 total parking spaces, Private
Taxes
Parcel Number: 5586006022, Zoning: LAR3
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
