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$2,950,000
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Property Description
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.
Full Property Details
Full Property Details for 1960 Argyle Ave
General
- Price: $2,950,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26833639
- Updated: 5/21/2026
- Added to Site: 46 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: Accessory Bldgs
Parking
- Garage Description: Private Garage
Location
- Area: Hollywood Hills East
- County: Los Angeles
- Driving Directions: Franklin Ave to Argyle
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Architectural Style: Spanish
- Common Walls: Attached
- Stories/Levels: 0
- Square Feet: 5,712
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1920
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2.5
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2.5
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2.5
- Bedrooms: 2
Additional Structures
- Other Structures: Accessory Bldgs
Lot Features
- Lot Size (Acres): 0.1918
- Lot Size: 8354
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $516.46
- Assessment Year: 1920
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5586-006-022
Listed by Carolwood Estates, Tyler Convery
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Schools
Schools serving 1960 Argyle Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Cheremoya Avenue Elementary School 6017 Franklin Avenue, Los Angeles, CA 90028 | PK-6 | 0.2 mi |
Hollywood Senior High School 1521 Highland Avenue, Los Angeles, CA 90028 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1960 Argyle Ave
Date
Details
Price
Change
Source
5/21/2026
Listed
$2,950,000
2894.92%
MLS
2/21/2017
Sold
$98,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1960 Argyle Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,107
4%
$2,112,804
4%
2023
$25,200
5%
$2,030,762
2%
2022
$24,062
1%
$1,990,944
2%
2021
$23,753
-1%
$1,951,907
1%
2020
$23,924
4%
$1,931,893
12%
2019
$22,940
10%
$1,731,732
2%
2018
$20,912
7%
$1,697,777
7%
2017
$19,464
62%
$1,581,000
63%
2016
$11,980
1%
$970,878
2%
2015
$11,808
—
$956,295
2%
2014
$11,864
-1%
$937,563
—
2013
$11,950
—
$933,327
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1960 Argyle Ave
1960 Argyle Ave, Los Angeles, CA 90068 (MLS# 26833639) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 1960 Argyle Ave is currently listed for $2,950,000 and was received on May 21, 2026. Want to learn more about 1960 Argyle Ave? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

