848 Hyperion Avenue

Los Angeles, CA 90029

$1,475,000
Last Sold Price
4
Beds
2
Baths
2,217 Sq. Ft.
$665 / Sq. Ft.
2,217
Sq. Ft.
$665
per Sq. Ft.

Description

Perfect Owner-User Opportunity! This Duplex is just a few steps from trendy Sunset Junction in Silverlake. For Investors, an outstanding CAP 4.48 & GRM 15.78! Featuring upper and lower units both 2BD+1BA with functional floor plans. Each unit is approximately 1,109 sf. Lower unit is paying $3,300 per month and is current with rents. 2 car covered garage and 2 uncovered tandem spaces in driveway. Bursting with character and boasting lush garden-like settings in both the front and back yard. Upper...Perfect Owner-User Opportunity! This Duplex is just a few steps from trendy Sunset Junction in Silverlake. For Investors, an outstanding CAP 4.48 & GRM 15.78! Featuring upper and lower units both 2BD+1BA with functional floor plans. Each unit is approximately 1,109 sf. Lower unit is paying $3,300 per month and is current with rents. 2 car covered garage and 2 uncovered tandem spaces in driveway. Bursting with character and boasting lush garden-like settings in both the front and back yard. Upper unit features central AC/Heating and Lower unit features updated kitchen and bathroom. Upper unit to be delivered vacant at close of escrow. Drive by only due to Covid, please write offers subject to interior inspection. Seller will require 30 day lease back for upper unit after close of escrow.

Property Details for 848 Hyperion Avenue

Zoning
LARD2
Parcel Number
5427012022
Total Units
2.0
Living Area
2217
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0
Lot Size Area
7511

Location

Add your commute
LISTING UPDATED: 12/28/2021 04:39 PM

Property Details for 848 Hyperion Avenue

StatusSold
MLS #21-696780
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.17 AC / 7,511 SF
CountyLos Angeles County

Location

Add your commute

Building Information for 848 Hyperion Avenue

Stories2Residences-Year Built1939Building Size-Lot Size0.17 AC / 7,511 SF

Payment Calculator

$9,605 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$1,555

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 848 Hyperion Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2+1
Contract Info
Contract Info
  • Disclosures: Rent Control, Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $79,200
  • Net Operating Income: $55,995.91
  • Gross Income: $79,200
  • Cap Rate: 4.48%
  • Gross Rent Multiplier: $15.78
  • Total Annual Expense: 23204.09
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1724
  • Lot Size Square Feet: 7511
Parking Details
Parking Details
  • Parking Garage: Detached, Covered Parking, Tandem
  • Total Parking: 4
  • Covered Parking: 2
  • Open Other Spaces Total: 2
  • Parking Features: Detached Carport, Covered, Tandem Garage
Interior Features
Interior Features
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Type: Air Conditioning, Central, Wall/Window
  • Heating: Central, Forced Air
  • Heating Type: Central, Forced Air
  • Flooring: Hardwood, Tile
  • Equipment: Dishwasher, Washer, Dryer, Refrigerator, Range/Oven
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 03-13-2021
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,300.00
  • Unit Actual Rent: $3,300.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $137,265.00
  • Assessed Improvement Percent: 24.44
  • Assessed Land Value: $424,290.00
  • Assessed Land Percent: 75.56
  • Assessed Total Value: $561,555.00

Property History for 848 Hyperion Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 848 Hyperion Avenue

Taxable ValueLand$1,118,430Additions$416,160Total$1,534,590
Tax Record2023$18,663 ($1,555 / month)
Home Facts
Total Finished SqFt2,217 SqFtAbove Grade Finished SqFt2,217 SqFtLot Size7,511 SqFtStyleDuplexYear Built1939ZoningLARD2CountyLOS ANGELESAPN5427-012-022

Schools near 848 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
Lockwood 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, David Lee Ruest, DRE #02045144; Compass, Johnny Cho, DRE #01394690

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.