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

Monthly Estimate*

^$ 68,805

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

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Studio

Commercial Property for sale in Los Angeles, CA

for $9,849,999. This building was built in 1986.

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

Year Built

1986

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024350241

Features

General

Zoning C4-1D

Year Built 1986

County Los Angeles

Net Operating Income 511185.0

Property Type F

Status Active

City Los Angeles

MLS Area C22 - Los Feliz

Lot Size Square Feet 0.0

Street Name Hyperion

Standard Status Active

Exterior

Lot Size Area 17246.0

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Total Stories 1

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Oron Maher

Listing Agent

Maher Commercial Realty

Broker

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$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 ^$2,259,263

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2024	$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. 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2829 Hyperion Avenue

Commercial Property for sale in Los Angeles, CA

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