1944 Argyle Avenue, Los Angeles, CA 90068
-
Listed Price :
$2,499,999
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1920
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!
Interior Features
| Laundry Information |
| Location(s) |
Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Wood |
Listing Information
| Address |
1944 Argyle Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90068 |
| County |
Los Angeles |
| Listing Agent |
Michael Moran DRE #01762038 |
| Co-Listing Agent |
Nicholas Dowell DRE #02063008 |
| Courtesy Of |
Myunits.com Inc. |
| List Price |
$2,499,999 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
8,359 |
| Year Built |
1920 |
Listing information courtesy of: Michael Moran, Nicholas Dowell, Myunits.com Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 22nd, 2025 at 3:17 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
