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.
AGENT: Tyler Convery LISTING BROKERAGE: Carolwood Estates
Courtesy of Carolwood Estates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1960 Argyle AV
Los Angeles, CA
Property Details
Price:
$2,950,000
MLS #:
26833639
Status:
Active
Beds:
8
Baths:
12
Type:
Single Family
Neighborhood:
c30hollywoodhillseast
Listed Date:
May 29, 2026
Finished Sq Ft:
5,712
Total Sq Ft:
5,712
Lot Size:
8,354 sqft / 0.19 acres (approx)
Year Built:
1920
SpanishC30 – Hollywood Hills EastC30hollywoodhillseastNone
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Schools
Interior
Appliances
DW, RF, BBQ
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Levels
S
Exterior
Architectural Style
SPN
Common Walls
_1CW
Parking Spots
8
Parking Total
8
View
NO
Financial
Gross Operating Income
$212,880
Net Operating Income
$177,513
Map
Community
- Address1960 Argyle AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90068
