1820 Hyperion Avenue

Los Angeles, CA 90039

$2,550,000
Price
—
Beds
2
Baths
3,674 Sq. Ft.
$694 / Sq. Ft.
3,674
Sq. Ft.
$694
per Sq. Ft.

Listed By Compass

Listed By Compass

a view of a house with a porch
a living room with furniture and a large window
a view of a livingroom with furniture and a potted plant
a view of a livingroom with furniture and cabinet
a living room with furniture floor to ceiling window and a flat screen tv
a view of living room with furniture
a living room with furniture and a window
a kitchen with stainless steel appliances granite countertop a table chairs stove and refrigerator
a view of a workspace with furniture
a room with a table and chairs
a workspace with furniture and wooden floor
a view of storage and utility room
a view of a workspace with furniture
a table with chairs and wooden floor
a bathroom with a sink and a mirror
a living room with furniture and a potted plant
a living room with furniture and a large window
a dining room with furniture and window
a kitchen with a sink appliances and cabinets
a bedroom with furniture and a window
a bedroom with a bed and a flat tv screen
a view of a livingroom with furniture and window
a bedroom with a bed and a flat tv screen on the dresser
a view of a room with gym equipment
a bathroom with a granite countertop sink and a mirror
a room with storage and utility
a room with storage and utility
a view of a workspace with furniture and a book shelf
a view of city

Description

Located on one of the most desirable stretches of Silver Lake going into Los Feliz lies this remarkable mixed-use office and live/work opportunity. Perfect for the owner/user or investor. The commercial building is a total of 3,674 RSF on a 4,021 RSF lot. The office space is 1,895 RSF and will be delivered 100% vacant. The live/work space is 1,779 RSF, and is occupied until February 28, 2026. Bringing in $2,513/mo, as an owner/user you can occupy 51% of the property at close of escrow, which allows...Located on one of the most desirable stretches of Silver Lake going into Los Feliz lies this remarkable mixed-use office and live/work opportunity. Perfect for the owner/user or investor. The commercial building is a total of 3,674 RSF on a 4,021 RSF lot. The office space is 1,895 RSF and will be delivered 100% vacant. The live/work space is 1,779 RSF, and is occupied until February 28, 2026. Bringing in $2,513/mo, as an owner/user you can occupy 51% of the property at close of escrow, which allows one to be qualified for an SBA loan. The vacant office space features poured concrete floors, two executive offices, two junior offices, one shared work space perfect for assistants or freelancers, as well as an open office bay for additional freelancers or joint working. A large conference room features floor to ceiling windows, presenting great changing light throughout the day. The office kitchen is centrally located and provides ample storage, the unit also features two bathrooms one for guests located just off the lobby, as well as a second executive bathroom. The unit also featured three skylights, located throughout the space. Additionally, the potential of subdividing the office into two separate leased offices exists for further investment opportunity. The 1,779 RSF live/work, residence portion of the property is composed of a Japanese inspired two bedroom one bathroom artist loft, featuring custom millwork throughout; a perfect live work space for the creative spirit with minimal landlord responsibilities. The property comes with parking for two: the one car garage, plus a one-car gated driveway. Ample metered parking exists along Hyperion in addition to the nearby residential streets. Conveniently located to the best Silver Lake has to offer, including iconic restaurants, some of the city's best coffee and Erewhon.

Listing Agents

  1. Daria Greenbaum

    Daria Greenbaum

    Listing Agent

    Compass

    DRE #02007115

    CallTextEmail
  2. Blake Greenbaum

    Blake Greenbaum

    Alternative Listing Agent

    Compass

    DRE #02229333

    CallTextEmail

Property Details for 1820 Hyperion Avenue

Zoning
LAC2
Parcel Number
5431001015
Total Units
1.0
Living Area
3674
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
51%
Lot Size Area
4021
LISTING UPDATED: 11/12/2024 12:01 AM

Property Details for 1820 Hyperion Avenue

StatusActive
MLS #24-458383
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.09 AC / 4,021 SF
CountyLos Angeles County

Building Information for 1820 Hyperion Avenue

Stories-Residences-Year Built1937Building Size-Lot Size0.09 AC / 4,021 SF

Property Information for 1820 Hyperion Avenue

Community / Development
Community / Development
  • Number Of Units: 1
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Mixed Use
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $30,156
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0923
  • Lot Size Square Feet: 4021
Parking Details
Parking Details
  • Parking Garage: Carport, Garage - 1 Car
  • Total Parking: 2
  • Parking Features: Carport, Garage - Single Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-04-2024
  • Listing Terms: Lease Option
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $7,580.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,513.00
  • Unit Actual Rent: $2,513.00
  • Unit Projected Rent: $2,513.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $286,110.00
  • Assessed Improvement Percent: 17.46
  • Assessed Land Value: $1,352,520.00
  • Assessed Land Percent: 82.54
  • Assessed Total Value: $1,638,630.00

Property History for 1820 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 1820 Hyperion Avenue

Taxable ValueLand$1,500,000Additions$530,000Total$2,030,000
Tax Record2024$24,994 ($2,083 / 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
Franklin Avenue Elementary School
Public - K to 5
Thomas Starr King Middle School
Public - 6 to 8
John Marshall Senior High School
Public - 9 to 12
Lexington Avenue Primary Center
Public - K to 2
Rating
School
Distance
Franklin Avenue Elementary School
PublicK to 5

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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More information about 1820 Hyperion Avenue, Los Angeles, CA 90039

1820 Hyperion Avenue is a multi-family home for sale in Los Angeles, CA 90039. This property was listed for sale on November 4, 2024 by Compass, it's currently listed at $2,550,000. It has been on the market for a total of 17 days and was last sold on November 6, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Franklin Avenue Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 1820 Hyperion Avenue is a 0-bed, 2-bath, 3,674 sqft multi-family home built in 1937.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Daria Greenbaum, DRE #02007115; Compass, Blake Greenbaum, DRE #02229333

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.