2000 Argyle Avenue, Los Angeles, CA 90068
- $3,000,000
- 13
- BD
- 12
- BA
- 8,632
- SqFt
- List Price
- $3,000,000
- Price Change
- ▼ $200,000 1782170630
- Status
- ACTIVE
- MLS#
- 25627549
- Year Built
- 1912
- Bedrooms
- 13
- Bathrooms
- 12
- Living Sq. Ft
- 8,632
- Lot Size
- 10,226
- Acres
- 0.23
- Lot Location
- Front Yard, Lawn, Landscaped
- Days on Market
- 219
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
$200k PRICE REUDCTION! MOTIVATED SELLER - 9 units for sale - 6 units NON-LA RENT CONTOL - Increase 8% immediately 10.9GRM 6.4 Cap Rate 9 units total - Hollywood Hills - Quiet street, up market neighborhood - 6 units not subject to city of LA Rent Control. 2 buildings totaling +/- 8,632 sq ft. Lot zoned R3/TOC Tier 3 - +/- 10,222 sq ft - room for ADU's. Secure nine-unit apartment complex in Hollywood Hills. Safe, quiet street; up market tenants. Excellent condition, beautifully maintained, highly secure w/gated entry. 14 covered parking spaces behind automatic gate (one for each bedroom). Attractive unit mix: (1) three bed two bath unit, (2) two bed two bath units and (6) one bed one bath units in two structures. 2 Buildings-one built 1912 (3bd 2bth, (2) 1bdrms (one non-conforming)) the other built 2008 ((2) two bd two bth, (4) 1 bdrm). 2008 building has elevator, 5.7 megawatt solar system, and six units all exempt from LA RSO; each unit has central air, balcony, hardwood floors and washer/dryer in unit. Room for ADU's and/or additional units in R3/TOC Tier 3 zoning on large 10,222 sq ft lot. Buyer to verify all property details. Three bed unit (owners') and (2) one bed units will be delivered vacant (calculated at accurate market rent in investment analysis/setup).Must see - PLEASE DO NOT ENTER PROPERTY W/OUT BROKER OR DISTURB TENANTS.
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Additional Information
- Appliances
- Electric Cooktop, Disposal, Gas Oven, Refrigerator, Dryer, Washer
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Attached Structure
- Attached
- Number Of Units Total
- 9
Listing courtesy of Listing Agent: Michael Hayes (mhayes@kwcommercial.com) from Listing Office: Keller Williams Los Angeles.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.