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$2,950,000
Est. payment /mo
8 Beds
12 Baths
5,712 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,712 sqft
Price per Sqft $516
MLS Listing ID 26833639
Bedrooms 8
HOA Y/N No
Year Built 1920
Lot Size 8,354 Sqft
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.
Location
State CA
County Los Angeles
Area C30 - Hollywood Hills East
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Barbecue, Dishwasher, Refrigerator, Dryer, Washer
Exterior
Parking Features Private
View Y/N No
View None
Total Parking Spaces 8
Building
Entry Level Multi/Split
Architectural Style Spanish
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5586006022
Special Listing Condition Standard
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Listed by Tyler Convery Carolwood Estates #01987795
NEARBY SCHOOL & BUSINESS
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Sharlotte Blake
Broker Associate | License ID: 02035876
Broker Associate License ID: 02035876
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