842 Hyperion Avenue

Los Angeles, CA 90029

$1,995,000
Price
8
Beds
4
Baths
4,514 Sq. Ft.
$442 / Sq. Ft.
4,514
Sq. Ft.
$442
per Sq. Ft.

Description

Gorgeous and well-maintained Spanish style quadruplex located in a vibrant Silverlake neighborhood. The property consists of four very spacious and 2+1 units each around +/- 1,000 square feet. Each unit also comes with its own garage location on the street level and each has laundry hook-ups. This is an ideal opportunity for new or seasoned investors or an owner-user looking to claim a stake in one of LA's most sought after neighborhoods. The Building is currently 100% occupied with lovely and on-time...Gorgeous and well-maintained Spanish style quadruplex located in a vibrant Silverlake neighborhood. The property consists of four very spacious and 2+1 units each around +/- 1,000 square feet. Each unit also comes with its own garage location on the street level and each has laundry hook-ups. This is an ideal opportunity for new or seasoned investors or an owner-user looking to claim a stake in one of LA's most sought after neighborhoods. The Building is currently 100% occupied with lovely and on-time paying tenants.
  1. Listed by Rickird Rey Ramirez • DRE #01964882 • Brokerage DRE #02142755 • Ally Commercial Real Estate • 818-941-2990

Property Details for 842 Hyperion Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4514
Assessor Parcel Number
5427-012-021
Property Attached YN
true
LISTING UPDATED: 11/25/2024 01:39 AM

Property Details for 842 Hyperion Avenue

StatusActive
MLS #DW24156385
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.17 AC / 7,606 SF
CountyLos Angeles County

Building Information for 842 Hyperion Avenue

Stories2Residences-Year Built1926Building Size-Lot Size0.17 AC / 7,606 SF

Property Information for 842 Hyperion Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $130,200
  • Gross Scheduled Income: $130,200
  • Net Operating Income: $85,703
Expense Details
  • Operating Expense: $40,591
  • Fuel Expense: $0
  • Electric Expense: $800
  • Insurance Expense: $3,386
  • Trash Expense: $0
  • Water Sewer Expense: $2,080
  • Total Expenses: $40,591
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: LH
  • Tax Census Tract: 1959.01
  • CFD/Mello-Roos Fee: $606
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Foothills, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,125
  • Unit Type Total Rent: $2,125
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,125
  • Unit Type Total Rent: $2,125
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 842 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 842 Hyperion Avenue

Taxable ValueLand$1,228,136Additions$302,103Total$1,530,239
Tax Record2024$18,964 ($1,580 / month)
Home Facts
Total Finished SqFt4,514 SqFtAbove Grade Finished SqFt4,514 SqFtLot Size7,606 SqFtStyleQuadraplexYear Built1926ZoningLARD2CountyLOS ANGELESAPN5427-012-021

Schools near 842 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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842 Hyperion Avenue is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on July 30, 2024 by Ally Commercial Real Estate, it's currently listed at $1,995,000. It has been on the market for a total of 125 days and was last sold on February 16, 2007. This listing's school district is Los Angeles Unified School District. Nearby schools include Lockwood Avenue Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 842 Hyperion Avenue is a 8-bed, 4-bath, 4,514 sqft multi-family home built in 1926.

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 Ally Commercial Real Estate, Rickird Rey Ramirez, DRE #01964882

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.