Homes for sale - 1944 Argyle AVE, Los Angeles, CA 90068

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Jamie Ambrose

jamie@jamieambrose.com +1(310) 561-3052

$ 2,499,999

Est. payment | -/mo

8,359 Sqft Lot

Save

$ 2,499,999

Est. payment | -/mo

Save

8,359 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25015267

HOA Y/N No

Year Built 1920

Lot Size 8,359 Sqft

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

Zoning LAR3

Interior

Flooring Wood

Fireplace No

Laundry Inside

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5586006019

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Listed by Michael Moran • Myunits.com Inc. • 818-720-2802

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 561-3052

jamie@jamieambrose.com

23670 Hawthorne Blvd. #100 Torrance, CA 90505

1944 Argyle AVE Los Angeles, CA 90068