826 Hyperion Avenue, Los Angeles, CA 90029
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$1,950,000
Est. payment /mo
5,699 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,699 sqft

Price per Sqft $342

MLS Listing ID CL26646959

HOA Y/N No

Year Built 1956

Lot Size 7,547 Sqft

Acres 0.1733

Property Sub-Type Other

Property Description

PRICE IMPROVEMENT! Prime 6 Unit Silver Lake Investment Property - Three Units Delivered VacantWell maintained asset on the market for the first time in a generation. Three units are vacant and ready day one for your updates. Capitalize on Silver Lake's strong rental demand for a submarket market best 7.53% purchase CAP rate. All units are large two bedroom one baths (950 sf +/-) with functional floor plans and include; spacious living room with lots of natural light, dining area, separate kitchen, full bath and 2 generous sized bedrooms. Four units have the potential for private outdoor space (2 units have balconies and 2 have patio areas).Located close to Sunset Junction, Farmers Market, Erewhon, Intelligensia, Bacarai and the Virgil Village; Sqirl, Budoniki, Courage BagelsAdditional property features include four car port parking space and shared coin operated laundry room. Don't miss this opportunity to acquire a building with both say one and future upside.

Location

State CA

County Los Angeles

Zoning LARD2

Interior

Heating Wall Furnace

Cooling None

Flooring Tile, Wood

Fireplace No

Appliance Dryer

Laundry Dryer, Laundry Room, Washer

Building

New Construction No

Others

Tax ID 5427012018


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Bridge MLS
Listed by Joel Nass • Figure 8 Realty

NEARBY SCHOOL & BUSINESS

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