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!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48398074
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Flooring: Wood
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Exterior Features
Building Information
- Year Built: 1920
- Building Area Total: 6,000
Pool Features
- None
Laundry Features
- Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1919
- Lot Size Source: Assessor
- Lot Size Square Feet: 8359
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Listing Information
Listing Price Information
- Original List Price: 2,499,999
- Listing Contract Date: 2025-01-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5586006019
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C20 - Hollywood
- Directions: Located off Hollywood freeway exit at Gower and turn left on Arygle
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C20 - Hollywood
- Property SubType: Quadruplex
Building and Construction
- Property Age: 105
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/24/2025 @ 20:00
- MLS: BB25015267
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 6,000 sqft, 8,359 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90068, this Los Angeles County Home are nearby neighborhoods.