1960 Argyle Avenue, Los Angeles, CA 90068
- $2,950,000
- 8
- BD
- 12
- BA
- 5,712
- SqFt
- List Price
- $2,950,000
- Status
- ACTIVE
- MLS#
- 26833639
- Year Built
- 1920
- Bedrooms
- 8
- Bathrooms
- 12
- Living Sq. Ft
- 5,712
- Lot Size
- 8,354
- Acres
- 0.19
- Days on Market
- 67
- Property Type
- Multifamily
- Style
- Spanish
- Stories
- Multi Level
Property Description
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 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.
Additional Information
- Appliances
- Barbecue, Dishwasher, Refrigerator, Dryer, Washer
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Attached Structure
- Attached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Tyler Convery (tyler@carolwoodlp.com) from Listing Office: Carolwood Estates.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.