1042 Hyperion Ave, Los Angeles, CA 90029
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1042 Hyperion Ave Los Angeles, CA 90029

$1,050,000 Sold Price as of 11/14/2019
  • 4 Beds
  • 3 Baths
  • 1,732 Sq.Ft.
Sold
$1,050,000 Sold Price as of 11/14/2019 Refinance Your Mortgage

Map preview of 1042 Hyperion Ave, Los Angeles, CA 90029

Property Overview: 1042 Hyperion Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,732 living square feet and 7,347 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT OPPORTUNITY for FIRST-TIME BUYER or INVESTORS! Back on the Market! AMAZING LOCATION! Welcome to this beautiful well-kept triplex, located near the epicenter of Silver Lake! All units feature spacious kitchens with appliances, tile floors, ornate vintage fixtures, and individual outdoor entertaining zones for each unit. Front unit is very spacious with 1 bedroom 1 bath. The second unit has a big living room/dining room area and 2 bedrooms. The third unit is a detached casita totally independent from the rest, it has a very spacious living room and 1 bedroom with plenty of privacy and a beautiful backyard surrounded by trees. Huge lot! Drought-resistant landscaping with sprinklers all around the property. Each unit has its own gas and electric meter. Exterior painting was recently done. Fully occupied with great tenants. All just steps away from the shops, restaurants, and experiences that make Silver Lake so wildly popular. Minutes away to Hollywood, Beverly Hills, and Downtown L. A.! This is a great opportunity for the first time buyer or investor looking for steady income in an area with consistent well-performing rents, or exercising the option of redevelopment into a trophy property! Whether it's a 1031 exchange or a first-time income property buyer, this is a MUST SEE!! Zoned: LARD2. Please Don't Disturb Tenants! PLEASE CALL TO SCHEDULE PRIVATE SHOWING. PLEASE SEE PRIVATE REMARKS.

Listed by Maria Olmos | BRE #00956497 | Keller Williams Pacific Estate
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 187

Home details

Lot Sq. Ft
7,347
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19081895
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $48,600
  • Net Operating Income: $42,996
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,600
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $14,875
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,284
  • Water/Sewer: $1,920

Property Details for 1042 Hyperion Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5427014008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Sunset Blvd. & Santa Monica Blvd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1042 Hyperion Ave

Last sold for $1,050,000 on November 14th, 2019
  • November, 2019

  • Nov 14, 2019

    Date

    Sold

    CRMLS: PW19081895

    $1,050,000

    Price

  • Oct 31, 2019

    Date

    Pending

    CRMLS: PW19081895

    $1,190,000

    Price

  • Oct 30, 2019

    Date

    Active Under Contract

    CRMLS: PW19081895

    $1,190,000

    Price

  • Oct 30, 2019

    Date

    Pending

    CRMLS: PW19081895

    $1,190,000

    Price

  • Oct 18, 2019

    Date

    Active Under Contract

    CRMLS: PW19081895

    $1,190,000

    Price

  • Oct 16, 2019

    Date

    Active

    CRMLS: PW19081895

    $1,190,000

    Price

  • Oct 1, 2019

    Date

    Active Under Contract

    CRMLS: PW19081895

    $1,190,000

    Price

  • Aug 7, 2019

    Date

    Active

    CRMLS: PW19081895

    $1,190,000

    Price

  • Aug 3, 2019

    Date

    Active Under Contract

    CRMLS: PW19081895

    $1,190,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: PW19081895

    $1,190,000

    Price

  • Apr 12, 2019

    Date

    Hold

    CRMLS: PW19081895

    $1,190,000

    Price

  • Apr 12, 2019

    Date

    Active

    CRMLS: PW19081895

    $1,190,000

    Price

  • November, 2019

  • Nov 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

  • August, 2003

  • Aug 4, 2003

    Date

    Sold (Public Records)

    Public Records

    $465,000

    Price

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Tax History for 1042 Hyperion Ave

Assessed Value (2020): $1,050,000
Year Land Value Improved Value Assessed Value
2020 $800,000 $250,000 $1,050,000

Home Value Compared to the Market

This property vs the competition

1042 Hyperion Ave sold on November 14, 2019 for 6.25% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $687.07 per/sqft which puts the price per square foot 5.1% lower than the current median sale per square foot for the city of Los Angeles.

About 1042 Hyperion Ave

Detailed summary of property

1042 Hyperion Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 1,732 living square feet, and sits on an approximately 7,347 square foot lot. 1042 Hyperion Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,050,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 6.25% higher than the current median priced home. Local homes that are currently for sale include 1726 N Alexandria Ave, 426 N Normandie Ave and 5154 Romaine St. While the average home in Los Angeles, CA is selling in 106 days, 1042 Hyperion Ave has a days on market of 187 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1042 Hyperion Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1042 Hyperion Ave

Public county record property details
Beds
3
Baths
3
Year built
1912
Sq. Ft.
1,732
Lot Size
7,347
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5427-014-008

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$737
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
32
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Related Resources to 1042 Hyperion Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.