13
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$2,499,999
Est. payment /mo
8,359 Sqft Lot
Active
1944 Argyle AVE Los Angeles, CA 90068
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UPDATED:
01/23/2025 01:58 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25015267
Originating Board California Regional MLS
Year Built 1920
Lot Size 8,359 Sqft
Property Sub-Type Fourplex
Property Description
1944 Argyle Ave is a charming 1920s fourplex nestled in the heart of the Hollywood Hills. Located just steps from Franklin Avenue's trendy shops and restaurants, this property offers unparalleled convenience with proximity to Los Feliz, Hollywood, and Universal Studios. Perfect for 1031 exchange buyers, this fourplex is ready to close now! Featuring four spacious 2-bedroom, 2-bathroom units, each approximately 1,500 square feet, the property boasts gorgeous hardwood floors, in-unit washer/dryers, and a welcoming front courtyard. Three units are already leased, generating a total scheduled gross income of $14,323/month, with a current cap rate of 5.56%. The property is also an excellent opportunity for owner-occupiers. The property offers five on-site parking spaces and four private garages-a rare feature in the area. Additionally, there is a generous open space at the rear of the property, adjacent to an alley, potentially allowing for the addition of ADUs (subject to buyer's due diligence). This is an exceptional opportunity for investors, developers, owner-occupiers, and tenants seeking a perfect balance of tranquility and urban convenience. Don't miss your chance to own this timeless gem in one of Los Angeles' most sought-after neighborhoods!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry Other
Exterior
Garage Spaces 8.0
Pool 31, None
Building
Water District - Public
Others
Tax ID 5586006019
Special Listing Condition Not Applicable
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