Real Estate Listings & Homes for Sale

Save
Ask
Tour
Hide
Share
$2,275,000
228 Days Online

1820 Hyperion Avenue
Los Angeles, CA 90027

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Eric Dilanian of Remax Commercial and Investment Realty

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (866) 538-6057
Is this the home for you? We can help make it yours.
(866) 538-6057
1820 Hyperion Avenue1820 Hyperion Avenue1820 Hyperion Avenue1820 Hyperion Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$14,910
Calculator powered by Showcase IDX. Copyright ©2022 Information is deemed reliable but not guaranteed.

PRICE REDUCTION by $225,000 and possibility of commercial unit being delivered 100% vacant or partially vacant for owner/users. With recent capital improvements of over $250,000, this mixed-use asset has strong commercial and residential tenancy with stabilized rental income, boasting a current cap rate of 5.38% (including immediate opportunity for billboard income). The commercial unit, occupied by Casetta Group, a leading hospitality brand and management company, is a 2,474 SF office building with modern and eclectic restorations composed of beautiful flooring and expansive street facing windows providing an abundance of natural light, and conveniently on a NNN lease. The residential unit is an exquisite 1,200 SF 2 bedroom + 1 bathroom Artist Loft (utilizing a CUP) with a full kitchen and laundry hook ups with stunning wood work all throughout. The investment is strategically located on Hyperion Blvd with mountain views and boasts significant in-place returns with excellent tenancy in place with minimal landlord responsibilities. A new owner will be able assume over $1.1M in assignable seller financing that is available with 22 months remaining, interest-only, at 0.50%. Buyer to verify any/all information including but not limited to the zoning, building square footage, lot size, Conditional Use Permit CUP, etc. Agents and brokers do not make any guarantees or representations to the accuracy of any of the information provided herein.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,275,000
Days Online 
228 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,674 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0923 Acres
Year Built 
1937
MLS Number 
22127667
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 months agoPrice changed to $2,275,000
3 months agoPrice changed to $2,425,000
8 months agoListing first seen online
General Features
Parking 
CoveredDriveway
Parking Spaces 
2
Number of Stories 
0
Acreage 
0.0923
Zoning 
LAC2
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Heating 
Central
Save
Ask
Tour
Hide
Share
Community Features
Senior Community 
No
MLS Area 
C21 - Silver Lake - Echo Park
Crmls Logo Real Estate For Sale

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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share
Menu