2829 Hyperion Avenue Los Angeles, CA ^$ 9,849,999

2829 Hyperion Avenue

^$ 9,849,999

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2829 Hyperion Avenue

Los Angeles, CA, 90027

^$ 9,849,999

Studio Baths0.0 Sq 9,884

Monthly Estimate*

^$ 68,805

Listed by Maher Commercial Realty

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 1

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 2

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 3

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 4

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 5

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 6

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 7

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 8

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 9

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 10

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 11

2829 Hyperion Avenue, Los Angeles, CA 90027 - Image 12

Studio

Commercial Property for sale in Los Angeles, CA

for $9,849,999. This 9,884 square foot building was built in 1986 on a lot size of 0.3959.

This signalized corner retail center presents an investor a unique opportunity to add-value to one of the hippest corners in Silver Lake, surrounded by major grocery tenants, restaurants, bars, and high walking traffic count. The subject building is +/- 10,340 square feet (per CoStar) and situated on a +/- 17,000 square foot parcel of land. The center is currently 50% vacant with the remaining tenant leases expiring in 2025 through 2026, adding significant value-add potential. The center is anchored by Pink Berry, and also includes a popular coffee shop, and veterinary clinic, and a pet store. Excellent opportunity to add additional food, entertainment, fitness, or other uses that will play to the strong retail demand and demographics of this neighborhood. Due to a covenant recorded against the title, this property is not a candidate for residential development at this time.

Commercial Active

Price

^$ 9,849,999

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.3959

Year Built

1986

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24350241

Days on Market

101

Features

General

Zoning C4-1D

HOA 0.0

Year Built 1986

County Los Angeles

Net Operating Income 511185.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South on Hyperion Avenue Building is on the northwest corner of Hyperion and Rowena

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area 637 - Los Feliz

Lot Size Square Feet 17246.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Hyperion

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 92

Standard Status Active

Exterior

Total Parking 0.0

Lot Size Area 17246.0

Number of Buildings 1

Spa N

Building Area Total 9884.0

Lot Size Acres 0.3959

Lot Size Units SquareFeet

Lot Size Source Other

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 2829

* Excluded Features

List By

Maher Commercial Realty

Broker

(310) 464-1453

Phone

Affordability Calculator

$68,805

Per Month

Monthly Principal & Interest: $68,805
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,246,402

Percent of Sale Price 77%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/22/2024	$9,849,999		Listed Price

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2829 Hyperion Avenue, Los Angeles, CA, 90027 is a Commercial Property for sale at $9,849,999 with 9,884 sqft and a lot size of 0.3959. 2829 Hyperion Avenue is a studio with 0.0 baths and was built in 1986. The property's zip code is 90027 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2829 Hyperion Avenue

Commercial Property for sale in Los Angeles, CA

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