2000 Argyle Ave
LOS ANGELES, CA 90068
Cross street:Franklin and Argyle

Property

Ownership: For Sale
Bedrooms: 13 BR
Bathrooms: 12
Area: 10226 sq ft
Lot Size: 0.23 Acres

Financials

Price:$3,200,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Keller Williams Los Angeles

2000 Argyle Ave 13BR Hollywood Hills East La

Description

9 units for sale - 8 units NON-LA RENT CONTOL - Increase 8% immediately 11.3 GRM 6.2 Cap Rate 9 units total - Hollywood Hills - Quiet street, up-market neighborhood 8 units not subject to city of LA Rent Control (Certificates of Occupancy after 1981) 2 buildings totaling +/- 8,632 sq ft Lot zoned R3/TOC Tier 3 - +/- 10,222 sq ft - room for ADU's - Excellent condition, beautifully maintained, highly secure w/gated entry - Unit mix: (1) three bed two bath (owners' unit) (2) two bedroom two bath (6) one bedroom - West building (built 1912, 1981 and 1983) three units: (1) three bedroom two bath and (2) one bedroom units (one beds no LA RSO) - East building(built 2008) six units - (2) two bed two bath and (4) one bed one bath (all six units non LA RSO); 5.7 megawatt solar system; elevator; each unit has central air, balconies and washer/dryer, real hardwood floors - Three bed unit (owners') and (2) one bed units will be delivered vacant (calculated at accurate market rent in investment analysis) - 17 secure, covered parking spaces behind automatic gate (one for each bed plus four) - Must see - PLEASE DO NOT ENTER PROPERTY W/OUT BROKER OR DISTURB TENANTS.

Amenities

  • Balcony
  • Full Copper Plumbing

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.