1820 Hyperion Avenue
1820 Hyperion Avenue
$2,030,000
2
3
3,674
3,674
$553
Sold 11/6/23
Description
We are pleased to present for sale an extremely rare mixed-use owner/user and/or investment opportunity in an iconic location, nestled between Silver Lake and Los Feliz - two of LA's most prized sub-markets. The 3,674 SF property is located north of famous Sunset Blvd and less than half a mile from the Historic Sunset Junction, adjacent to Los Feliz's booming Franklin Hills District. The property will be delivered 67% VACANT. With recent capital improvements of over $250,000, this mixed-use asset...We are pleased to present for sale an extremely rare mixed-use owner/user and/or investment opportunity in an iconic location, nestled between Silver Lake and Los Feliz - two of LA's most prized sub-markets. The 3,674 SF property is located north of famous Sunset Blvd and less than half a mile from the Historic Sunset Junction, adjacent to Los Feliz's booming Franklin Hills District. The property will be delivered 67% VACANT. With recent capital improvements of over $250,000, this mixed-use asset has strong potential commercial tenancy and stabilized residential tenancy in place. The vacant commercial unit consists of a 2,474 SF office building with modern and eclectic restorations composed of beautiful flooring and expansive street facing windows providing an abundance of natural light. The residential unit is an exquisite 1,200 SF 2 bedroom + 1 Bathroom Artist Loft (utilizing a CUP) with a full kitchen and laundry hook ups with stunning wood work all throughout. The investment is strategically located on Hyperion Blvd with mountain views and boasts significant potential returns and minimal landlord responsibilities. A new owner will be able assume over $1.1M in assignable seller financing that is available with 12 months remaining, interest-only, at 0.50% (you read that right, one half of a percent, interest only).
- Listed by Andrew Malekie • DRE #02153774 • Brokerage DRE #01237359 • Link Brokerages
- Listed by Eric Dilanian • DRE #01951699 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 1820 Hyperion Avenue
Zoning
LAC2
Parcel Number5431001015
Total Units2.0
Living Area3674
Source Living AreaVendor Enhanced
AreaSilver Lake (671)
Vacancy Rate73
Lot Size Area4021
Location
LISTING UPDATED: 11/06/2023 09:47 AM
Property Details for 1820 Hyperion Avenue
Status | Sold |
---|---|
MLS # | 23-316875 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1937 |
Lot Size | 0.09 AC / 4,021 SF |
County | Los Angeles County |
Location
Building Information for 1820 Hyperion Avenue
Stories1Residences-Year Built1937Building Size-Lot Size0.09 AC / 4,021 SF
Payment Calculator
$12,770 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1820 Hyperion Avenue
Property History for 1820 Hyperion Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1820 Hyperion Avenue
Taxable ValueLand$1,352,520Additions$286,110Total$1,638,630
Tax Record2023$20,294 ($1,691 / month)
Home Facts
Total Finished SqFt3,674 SqFtAbove Grade Finished SqFt3,674 SqFtStories1Lot Size4,021 SqFtStyleMiscellaneous CommercialYear Built1937ZoningLAC2CountyLOS ANGELESAPN5431-001-015
Schools near 1820 Hyperion Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 2 |
Rating | School | Distance |
---|---|---|
Franklin Avenue Elementary School PublicK to 6 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Lexington Avenue Primary Center PublicK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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