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.
Property Details
Price:
$2,950,000
MLS #:
26833639
Status:
Active
Beds:
8
Baths:
12
Type:
Single Family
Neighborhood:
c30hollywoodhillseast
Listed Date:
May 21, 2026
Finished Sq Ft:
5,712
Total Sq Ft:
5,712
Lot Size:
8,354 sqft / 0.19 acres (approx)
Year Built:
1920
See this Listing
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
Map
Community
- Address1960 Argyle AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90068
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 28, 2026
7,133
Single Family Listed
86
Avg DOM
429
Avg $ / SqFt
$1,684,610
Avg List Price
Property Summary
- 1960 Argyle AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90068. It is listed for $2,950,000 and features 8 beds, 12 baths, and has approximately 5,712 square feet of living space, and was originally constructed in 1920. The current price per square foot is $516. The average price per square foot for Single Family listings in Los Angeles is $429. The average listing price for Single Family in Los Angeles is $1,684,610.
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1960 Argyle AV
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