1944 Argyle Avenue
Los Angeles, CA 90068
0.19 acres | #BB25015267
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 Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,499,999
- MLS #BB25015267
- Property SubtypeQuadruplex
- MLS #BB25015267
- Cost2499999
- Acres0.1919
- Utility SourcePublic
- Year Built1920
- Stories2
- Parking Spaces3
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Michael Moran (#BB38942)
Listing Office: Myunits.com Inc. (#BH5345657)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
