2000 Argyle Ave, Los Angeles, CA 90068

9 units for sale - 6 units NON-LA RENT CONTOL - Increase 8% immediately 10.9 GRM 6.4 Cap Rate

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 (one non-conforming 1 bdrm unit). 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. 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.

West building built 1912 three units: (1) three bedroom two bath and (2) one bedroom units (one non-conforming).

East building built 2008 six units - (2) two bed two full baths and (4) one bed one bath (all six units non LA RSO).

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.