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842 Hyperion Ave, Los Angeles, CA 90029
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842 Hyperion Ave Los Angeles, CA 90029

$1,995,000
  • 8 Beds
  • 4 Baths
  • 4,514 Sq.Ft.
For Sale
$1,995,000 Get Pre-Qualified
Map preview of 842 Hyperion Ave, Los Angeles, CA 90029

Property Overview: 842 Hyperion Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,514 living square feet and 7,606 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Gorgeous and well-maintained Spanish style quadruplex located in a vibrant Silverlake neighborhood. The property consists of four very spacious and 2+1 units each around +/- 1,000 square feet. Each unit also comes with its own garage location on the street level and each has laundry hook-ups. This is an ideal opportunity for new or seasoned investors or an owner-user looking to claim a stake in one of LA's most sought after neighborhoods. The Building is currently 100% occupied with lovely and on-time paying tenants.

Listed by Rickird Rey Ramirez | BRE #01964882 | Ally Commercial Real Estate
Last checked: 4 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
7,606
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
DW24156385
City
Los Angeles
County
Los Angeles
Time on Site
50 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $3,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,125
  • Total Rent: $2,125
  • Pro Forma/Market Rent: $3,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $130,200
  • Net Operating Income: $85,703
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $40,591
  • Electric: $800
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,386
  • Water/Sewer: $2,080

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Property Details for 842 Hyperion Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5427012021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of the 101 and South of Santa Monica Blvd
Neighborhood Information
  • Community Features: Biking, Curbs, Foothills, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 842 Hyperion Ave

Last sold for $1,165,000 on March 5th, 2007

  • July, 2024

  • Jul 30, 2024

    Date

    Active

    CRMLS: DW24156385

    $2,100,000

    Price

  • March, 2007

  • Mar 5, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,165,000

    Price

  • April, 2003

  • Apr 16, 2003

    Date

    Sold (Public Records)

    Public Records

    $652,000

    Price

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Tax History for 842 Hyperion Ave

Assessed Value (2020): $1,427,196
Year Land Value Improved Value Assessed Value
2020 $1,145,435 $281,761 $1,427,196

Home Value Compared to the Market

This property vs the competition

842 Hyperion Ave is listed 66.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $441.96 per/sqft which puts the price per square foot 42.45% lower than the median price per square foot for the city of Los Angeles.

About 842 Hyperion Ave

Detailed summary of property

842 Hyperion Ave is a fourplex located in Los Angeles, CA 90029 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 4,514 living square feet, and sits on an approximately 7,606 square foot lot. 842 Hyperion Ave was first listed on ArdentRealEstateGroup.com on July 30, 2024. The homeowner is currently asking $1,995,000 and was originally asking $2,100,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 66.25% higher than the median priced home. Local competing homes currently for sale include 2828 Reservoir St, 4886 Lexington Ave and 1613 Hillhurst Ave. While the average home in Los Angeles, CA is selling in 106 days, 842 Hyperion Ave has a days on market of 42 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 842 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 842 Hyperion Ave

Public county record property details
Beds
8
Baths
4
Year built
1926
Sq. Ft.
4,514
Lot Size
7,605
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5427-012-021

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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Recently Sold Homes Near 842 Hyperion Ave

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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.

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