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848 Hyperion Ave Los Angeles, CA 90029

$1,475,000 Sold Price as of 05/04/2021

4 Beds
2 Baths
2,217 Sq.Ft.

Sold

$1,475,000 Sold Price as of 05/04/2021 Refinance Your Mortgage

Map preview of 848 Hyperion Ave, Los Angeles, CA 90029

Property Overview: 848 Hyperion Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,217 living square feet and 7,511 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Perfect Owner-User Opportunity! This Duplex is just a few steps from trendy Sunset Junction in Silverlake. For Investors, an outstanding CAP 4.48 & GRM 15.78! Featuring upper and lower units both 2BD+1BA with functional floor plans. Each unit is approximately 1,109 sf. Lower unit is paying $3,300 per month and is current with rents. 2 car covered garage and 2 uncovered tandem spaces in driveway. Bursting with character and boasting lush garden-like settings in both the front and back yard. Upper unit features central AC/Heating and Lower unit features updated kitchen and bathroom. Upper unit to be delivered vacant at close of escrow. Drive by only due to Covid, please write offers subject to interior inspection. Seller will require 30 day lease back for upper unit after close of escrow.

Listed by David Lee Ruest | BRE #02045144 | Compass
Co-listed by Johnny Cho | BRE #01394690 | Compass

Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft: 7,511
HOA Dues: $0/mo
Year built: 1939
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21696780
City: Los Angeles
County: Los Angeles
Time on Site: 1266 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: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,300

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $3,300
Total Rent: $3,300
Pro Forma/Market Rent: $3,300

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.78
Gross Scheduled Income: --
Net Operating Income: $55,996
Gross Operating Income: $79,200

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 848 Hyperion Ave

Interior Features

Cooling Information

Has Cooling
Central Air, Wall/Window Unit(s)

Heating Information

Has Heating
Central, Forced Air

Laundry Information

Has Laundry
Washer Included, Dryer Included

Room Information

Flooring: Wood, Tile

Kitchen Information

Has Appliances
Dishwasher, Refrigerator

Exterior Features

Exterior Information

Other Structures: Shed(s)

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 4
Has Parking
Parking Features: Detached Carport, Covered, Tandem Garage

Lot Information

Lot Size Source: Other

Property Information

Total # of Units: 2
Parcel Number: 5427012022

Location / Neighborhood

Location Information

Directions: Hyperion, East of Sunset, West of Virgil.

View more facts & features

Local Los Angeles Agent

Sale History for 848 Hyperion Ave

Last sold for $1,475,000 on May 4th, 2021

May, 2021
May 7, 2021

Date

Sold

CRMLS: 21696780

$1,475,000

Price
Apr 2, 2021

Date

Pending

CRMLS: 21696780

$1,249,000

Price
Mar 26, 2021

Date

Hold

CRMLS: 21696780

$1,249,000

Price
Mar 13, 2021

Date

Active

CRMLS: 21696780

$1,249,000

Price
Feb 27, 2021

Date

Coming Soon

CRMLS: 21696780

$1,249,000

Price
June, 2019
Jun 27, 2019

Date

Leased

CRMLS: P0-819002543

$3,300

Price
Jun 20, 2019

Date

Price Change

CRMLS: P0-819002543

$3,300

Price
Jun 1, 2019

Date

Active

CRMLS: P0-819002543

$3,500

Price
Listing provided courtesy of CRMLS

Stylish 1939 Duplex a Real Find; Wonderful hardwood floors with updated kitchen featuring new stainless steel stove, refrigerator, and dishwasher. new floor, Wonderful new sleek and oh so clean counter tops. All new cabinets. New Stainless sink. New side by side washer and dryer in the back porch. Good size dining room and living room. The bath upgraded wonderful stall shower, plus separate tub. New floor, great tile and freshly painted. Bedrooms both have hardwood floors and French doors leading to an amazing back yard; tranquil, green and lush and it is all yours, great patio. Stones throw to Sunset Junction. Gated property Your own garage with electric door. A true Gem must see to fully appreciate. Available now. Sorry no Dogs

Continue Reading
May, 2002
May 29, 2002

Date

Sold (Public Records)

Public Records

--

Price
June, 1998
Jun 25, 1998

Date

Sold (Public Records)

Public Records

$265,454

Price

Tax History for 848 Hyperion Ave

Assessed Value (2020): $595,924

Year	Land Value	Improved Value	Assessed Value
2020	$450,258	$145,666	$595,924

Home Value Compared to the Market

This property vs the competition

848 Hyperion Ave sold on May 4, 2021 for 11.52% 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 $563.37 per/sqft which puts the price per square foot 22.19% lower than the current median sale per square foot for the city of Los Angeles.

About 848 Hyperion Ave

Detailed summary of property

848 Hyperion Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,217 living square feet, and sits on an approximately 7,511 square foot lot. 848 Hyperion Ave was first listed on ArdentRealEstateGroup.com on April 2, 2021. The homeowner sold the property for $1,475,000. 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 11.52% higher than the current median priced home. Local homes that are currently for sale include 342 N Dillon St, 2969 London St and 422 N Reno St. While the average home in Los Angeles, CA is selling in 106 days, 848 Hyperion Ave has a days on market of 12 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 848 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 848 Hyperion Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1939
Sq. Ft.: 2,217
Lot Size: 7,510
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 24
APN: 5427-012-022

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

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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.