2049 Argyle Avenue, Los Angeles, California 90068, Los Angeles, 90068 - 4 bed, 3 bath
2049 Argyle Avenue
Los Angeles, California 90068
Property Price
SUMMARY
Analysis of 2049 Argyle Avenue, Los Angeles, California 90068 is currently available with a list price of $1,449,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1919, this duplex shows signs of regular upkeep but features kitchens and bathrooms that are largely outdated. The main unit's kitchen has granite counters and some stainless appliances, likely updated 10-20 years ago, but the white refrigerator and overall cabinet style are not modern. The bathrooms in the main unit are functional but dated, with one appearing significantly older (20+ years). The second unit's kitchen and bathroom are very basic and clearly require substantial renovation, featuring older appliances and finishes. Flooring is a mix of older hardwood and some newer, but not high-end, laminate/vinyl. The property lacks central AC, relying on wall heaters and window units, which is a significant drawback for a home of this age in Los Angeles. While livable, it requires significant updates to meet contemporary standards and appeal.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Hollywood Location
Situated in the highly desirable heart of Hollywood, offering unparalleled access to cultural attractions, entertainment, and city amenities.
- Income-Generating Duplex
Features two distinct units (3 bed/2 bath and 1 bed/1 bath), providing significant income potential or flexible living arrangements for an owner-occupant.
- Generous Lot Size
An expansive 10,078 sq ft lot, a rare find in this urban setting, offering ample outdoor space, privacy, and potential for future landscaping or expansion.
CONSRISKS & DEFICIENCIES
- Historic Property Age (1919)
Built in 1919, the property may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) to meet modern standards and efficiency.
- Recent Price Reduction
A recent price drop from $1.59M to $1.449M could suggest initial overpricing or indicate challenges in attracting buyers at the previous price point.
- Potential for Outdated Interiors/Systems
While charming, the description lacks specific details on comprehensive modern renovations, implying that some interior finishes or core systems may be original or require updating to appeal to contemporary buyer preferences.
About 2049 Argyle Avenue
Nestled in the heart of Hollywood and close to all that this fabled city has to offer is this very unique and lovely Mediterranean duplex. The main home features 3 bedrooms and 2 baths and is exemplary of why residents have an enduring passion for this locale. This home features a very large living room with view windows overlooking a beautifully manicured garden, a dining room with built-ins, and a spacious den with sliding glass doors to the back yard and patio. With 1790 sq ft of living space, this home is perfect for entertaining or as a central locale to enjoy all that is Hollywood. The second unit is situated on a lower level and features 1 bedroom and 1 bath. This unit has 553 sq. ft of living space and features a galley kitchen and access to the front and rear yards. The property is very large at 10,078 sq ft.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1919
- Lot Size
- 10,081 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cheremoya Avenue Elementary School
Grades K-6 • 0.4 mi
Selma Avenue Elementary School
Grades K-6 • 0.8 mi
Grant Elementary School
Grades K-6 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 50% |
| Baths | 3.0 | 1.5 | 50% |
| Square foot | 2,343 | 1,171.5 | 50% |
| Lot Size | 10,081 | 7,903.5 | 50% |
| Price | $1.45M | $1.58M | 50% |
| Price per sq ft | $618 | $309 | 50% |
| Built year | 1919 | 1928 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 459 | 297 | 0% |
Pricing History
Listed for Sale
Nov 8, 2025
$1,449,000
Initial Listing
Price Change
Dec 2, 2024
$1,590,000
Initial Listing