Search
1820 Hyperion Ave, Los Angeles, CA 90027
Image 2 for 1820 Hyperion Ave, Los Angeles, CA 90027
Image 3 for 1820 Hyperion Ave, Los Angeles, CA 90027
View Photos

1820 Hyperion Ave Los Angeles, CA 90027

$2,030,000 Sold Price as of 11/06/2023
  • 2 Beds
  • 3 Baths
  • 3,674 Sq.Ft.
Sold
$2,030,000 Sold Price as of 11/06/2023 Refinance Your Mortgage
Map preview of 1820 Hyperion Ave, Los Angeles, CA 90027

Property Overview: 1820 Hyperion Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, 3,674 living square feet and 4,021 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale an extremely rare mixed-use owner/user and/or investment opportunity in an iconic location, nestled between Silver Lake and Los Feliz - two of LA's most prized sub-markets. The 3,674 SF property is located north of famous Sunset Blvd and less than half a mile from the Historic Sunset Junction, adjacent to Los Feliz's booming Franklin Hills District. The property will be delivered 67% VACANT. With recent capital improvements of over $250,000, this mixed-use asset has strong potential commercial tenancy and stabilized residential tenancy in place. The vacant commercial unit consists of 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. 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 potential returns and minimal landlord responsibilities. A new owner will be able assume over $1.1M in assignable seller financing that is available with 12 months remaining, interest-only, at 0.50% (you read that right, one half of a percent, interest only).

Listed by Andrew Malekie | BRE #02153774 | Link Brokerages
Co-listed by Eric Dilanian | BRE #01951699 | Remax Commercial and Investment Realty
Last checked: 7 minutes ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
4,021
HOA Dues
$0/mo
Year built
1937
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
23316875
City
Los Angeles
County
Los Angeles
Time on Site
353 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $13,065
  • Total Rent: $13,065
  • Pro Forma/Market Rent: $13,965
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.1%
  • Gross Rent Multiplier: 12.75
  • Gross Scheduled Income: --
  • Net Operating Income: $121,743
  • Gross Operating Income: $156,783
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1820 Hyperion Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Garage - Single Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5431001015
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Hyperion Ave North of Sunset Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1820 Hyperion Ave

Last sold for $2,030,000 on November 6th, 2023

  • November, 2023

  • Nov 6, 2023

    Date

    Sold

    CRMLS: 23316875

    $2,030,000

    Price

  • Oct 2, 2023

    Date

    Active

    CRMLS: 23316875

    $1,999,000

    Price

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: 22127667

    $2,275,000

    Price

  • Feb 14, 2022

    Date

    Active

    CRMLS: 22127667

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • February, 2022

  • Feb 14, 2022

    Date

    Active

    CRMLS: 22127467

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present for sale an extremely rare mixed-use investment opportunity in an iconic location, nestled between Silver Lake and Los Feliz - two of LA's most prized sub-markets. The 3,674 SF property is located north of famous Sunset Blvd and less than half a mile from the Historic Sunset Junction, in the heart of Silver Lake's booming Franklin Hills district. With recent capital improvements of over $250,000, this mixed-use asset has strong commercial and residential tenancy with stabilized rental 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, and yields an investor a 4.5% Cap Rate 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, CUP, etc. Agents and brokers do not make any guarantees or representations to the accuracy of any of the information provided herein.

  • April, 2021

  • Apr 1, 2021

    Date

    Sold

    CRMLS: 20614406

    $1,575,000

    Price

  • Feb 19, 2021

    Date

    Pending

    CRMLS: 20614406

    $1,700,000

    Price

  • Dec 16, 2020

    Date

    Active Under Contract

    CRMLS: 20614406

    $1,700,000

    Price

  • Aug 6, 2020

    Date

    Active

    CRMLS: 20614406

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Terrific mixed-use opportunity! Three unit building. The bourgeoning Hyperion Corridor is budding with new promise - get in on it now!

  • August, 2020

  • Aug 3, 2020

    Date

    Active

    CRMLS: 20613990

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to Silver Lake! Terrific mixed use opportunity! Three unit building includes Retail space (1820 Hyperion - approx. 1,000SF), Theatre (1822 Hyperion - approx 700 SF ) and a beautiful Live-In Artist Loft apartment ( 1818 Hyperion - Approx 1,200 SF ) includes kitchen, 2 bedrooms, 3/4 bath with inside laundry hookups and several additional workspace permutations. There is a garage space approx 200 SF with additional driveway space for potential carport transformation. Located in the Franklin Hills district of Silver Lake. The bourgeoning Hyperion Corridor is budding with new promise - get in on it now!

  • July, 2013

  • Jul 26, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1820 Hyperion Ave

Assessed Value (2020): $157,067
Year Land Value Improved Value Assessed Value
2020 $25,752 $131,315 $157,067

Home Value Compared to the Market

This property vs the competition

1820 Hyperion Ave sold on November 6, 2023 for 78.48% 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 $544.09 per/sqft which puts the price per square foot 24.85% lower than the current median sale per square foot for the city of Los Angeles.

About 1820 Hyperion Ave

Detailed summary of property

1820 Hyperion Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 2 bedrooms, 3 bathrooms, roughly 3,674 living square feet, and sits on an approximately 4,021 square foot lot. 1820 Hyperion Ave was first listed on ArdentRealEstateGroup.com on October 2, 2023. The homeowner sold the property for $2,030,000. 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 78.48% higher than the current median priced home. Local homes that are currently for sale include 2828 Reservoir St, 857 N La Fayette Park Pl and 2322 Berkeley Ave. While the average home in Los Angeles, CA is selling in 106 days, 1820 Hyperion Ave has a days on market of 14 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 1820 Hyperion Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1820 Hyperion Ave

Public county record property details
Beds
--
Baths
--
Year built
1937
Sq. Ft.
3,674
Lot Size
4,020
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5431-001-015

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,488,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1820 Hyperion Ave

Nearby Homes for Sale

1321 Sanborn Ave, Los Angeles, CA 90027
$1,699,000
5 Beds
1 Baths
1786 Sq.Ft.
1321 Sanborn Ave
Los Angeles, CA 90027
Open Sat 2pm-6pm
1205 Manzanita St, Los Angeles, CA 90029
$2,349,999
9 Beds
9 Baths
3410 Sq.Ft.
1205 Manzanita St
Los Angeles, CA 90029
4047 Camero Ave, Los Angeles, CA 90027
$1,849,000
7 Beds
4 Baths
1638 Sq.Ft.
4047 Camero Ave
Los Angeles, CA 90027
4214 Sunset Dr, Los Angeles, CA 90027
$2,200,000
9 Beds
9 Baths
5388 Sq.Ft.
4214 Sunset Dr
Los Angeles, CA 90027
1545 Murray Dr, Los Angeles, CA 90026
$2,295,000
4 Beds
4 Baths
3792 Sq.Ft.
1545 Murray Dr
Los Angeles, CA 90026
2523 Lyric Ave, Los Angeles, CA 90027
$1,880,000
6 Beds
4 Baths
2870 Sq.Ft.
2523 Lyric Ave
Los Angeles, CA 90027
842 Hyperion Ave, Los Angeles, CA 90029
$1,995,000
8 Beds
4 Baths
4514 Sq.Ft.
842 Hyperion Ave
Los Angeles, CA 90029
Open Sun 2pm-5pm
1915 Talmadge St, Los Angeles, CA 90027
$1,795,000
4 Beds
2 Baths
2620 Sq.Ft.
1915 Talmadge St
Los Angeles, CA 90027
1613 Hillhurst Ave, Los Angeles, CA 90027
$2,295,000
8 Beds
8 Baths
4418 Sq.Ft.
1613 Hillhurst Ave
Los Angeles, CA 90027
4534 Kingswell Ave, Los Angeles, CA 90027
$1,999,999
7 Beds
6 Baths
4754 Sq.Ft.
4534 Kingswell Ave
Los Angeles, CA 90027
4332 Lockwood Ave, Los Angeles, CA 90029
$1,795,000
10 Beds
10 Baths
5360 Sq.Ft.
4332 Lockwood Ave
Los Angeles, CA 90029
1115 N Madison Ave, Los Angeles, CA 90029
$1,999,000
9 Beds
8 Baths
3416 Sq.Ft.
1115 N Madison Ave
Los Angeles, CA 90029

Recently Sold Homes Near 1820 Hyperion Ave

1916 Mayview Dr, Los Angeles, CA 90027
$1,160,000 Last Sold Price
3 Beds
3 Baths
2064 Sq.Ft.
1916 Mayview Dr
Los Angeles, CA 90027
1796 Griffith Park Blvd, Los Angeles, CA 90026
$1,160,000 Last Sold Price
3 Beds
3 Baths
-- Sq.Ft.
1796 Griffith Park Blvd
Los Angeles, CA 90026
1761 Griffith Park Blvd, Los Angeles, CA 90026
$1,475,000 Last Sold Price
5 Beds
3 Baths
2060 Sq.Ft.
1761 Griffith Park Blvd
Los Angeles, CA 90026
3906 Sunset Dr, Los Angeles, CA 90027
$1,120,000 Last Sold Price
4 Beds
2 Baths
1583 Sq.Ft.
3906 Sunset Dr
Los Angeles, CA 90027

Related Resources to 1820 Hyperion Ave

New Listings in 90027
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote