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Listing Details

Status
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MLS #
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Neighborhood
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Type
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School Ratings & Info

Description

Beautiful remodeled 4 unit property with tons of character in the Beachwood/Hollywood area north of Franklin Ave. This 6,000SF property has 4 identical 2 bedroom 1 bath units upgraded with amenities like stainless steel appliances, washer/dryers, and dishwashers. All new granite countertops and refinished hardwood floors. The property has gone through an extensive job of removing lead paint from the building, all while keeping its 1920's character with full testing and documentation. Property is prime for an buyer who wants to get close to $9,000 in rent to help supplement their mortgage while living in this beautiful property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/118709358
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1944 Argyle Avenue Hollywood Hills, CA 90068

  • Price: $2,349,000
  • Status: Active
  • ID#: WS21138082
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Beds
0
Baths
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½ Baths
0.19
Acres
1920
Built
Neighborhood:
C30 - Hollywood Hills East
County:
Los Angeles
Area:
C30 - Hollywood Hills East
Property Description
Beautiful remodeled 4 unit property with tons of character in the Beachwood/Hollywood area north of Franklin Ave. This 6,000SF property has 4 identical 2 bedroom 1 bath units upgraded with amenities like stainless steel appliances, washer/dryers, and dishwashers. All new granite countertops and refinished hardwood floors. The property has gone through an extensive job of removing lead paint from the building, all while keeping its 1920's character with full testing and documentation. Property is prime for an buyer who wants to get close to $9,000 in rent to help supplement their mortgage while living in this beautiful property.
Exterior Features

Lot Features Front Yard Number Of Separate Electric Meters 5 Parking Features GarageGarage Door OpenerGarage Faces Rear Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances Washer Common Walls 2+ Common Walls Cooling None Cooling YN No Flooring Wood Heating Natural GasWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 3.75 Common Interest None Community Features CurbsSidewalks Electric Expense 600 Fuel Expense 0 Garage YN Yes Gross Income 129696 Gross Scheduled Income 129696 Insurance Expense 2500 Land Lease YN No Laundry Features InsideLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalFhaFannie Mae Maintenance Expense 1000 Net Operating Income 88256 New Construction YN No New Taxes Expense 28750 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 1 Operating Expense 37550 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 2407 Trash Expense 1000 Vacancy Allowance 3890 Vacancy Allowance Rate 3 Water Sewer Expense 2500 Water Source Public Zoning Lar3

Listing provided courtesy of Travis Ely of Travis Ely


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T00:28:33.337. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395