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982 Hyperion Ave, Los Angeles, CA 90029
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982 Hyperion Ave Los Angeles, CA 90029

$1,400,000 Sold Price as of 09/30/2021
  • 8 Beds
  • 7 Baths
  • 2,500 Sq.Ft.
Sold
$1,400,000 Sold Price as of 09/30/2021 Refinance Your Mortgage
Map preview of 982 Hyperion Ave, Los Angeles, CA 90029

Property Overview: 982 Hyperion Ave Los Angeles, CA has 8 bedrooms, 7 bathrooms, 2,500 living square feet and 7,351 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in 50+ years. 3 freestanding units on Hyperion just south of the heart of Sunset Junction. Front home is 3 bed/1.75 bath 1918 Craftsman with covered front porch and fully fenced and landscaped front yard. Large open kitchen, comfortable flow, separate laundry room, central A/C and heat, two tandem parking. Pathway leads through yard and around the back to two 1- bedroom cottages, each with their own private outdoor spaces, galley kitchens and private laundry. Easy convenience to center of Silverlake's Sunset Blvd. restaurants and entertainment while also offering each unit their own space and quiet at home. One rear cottage is currently vacant, second rented at $2095. Front house currently rented at $3100. Foundation work completed in 2021, sewerline replacement to rear cottages completed in 2018. Additional (4th) structure, one car garage/storage. Zoning is LARD2.

Listed by Tracy Fink | BRE #01440003 | Beverly and Company, Inc.
Last checked: 12 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,351
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21774772
City
Los Angeles
County
Los Angeles
Time on Site
1126 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 4
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,095
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $4,700
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.9
  • Gross Scheduled Income: --
  • Net Operating Income: $77,103
  • Gross Operating Income: $84,303
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 982 Hyperion Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • Has Fireplace
  • Bath, Family Room, Dining Room
Room Information
  • Flooring: Wood, Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator, Gas Oven
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, RV Garage, Tandem Garage
Lot Information
  • Lot Features: Front Yard, Back Yard, Lawn
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5427013028
  • Architectural Style: Bungalow
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: Hyperion south of Sunset between Santa Monica and Silver Lake Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 982 Hyperion Ave

Last sold for $1,400,000 on September 30th, 2021

  • October, 2021

  • Oct 1, 2021

    Date

    Sold

    CRMLS: 21774772

    $1,400,000

    Price

  • Sep 1, 2021

    Date

    Active Under Contract

    CRMLS: 21774772

    $1,150,000

    Price

  • Aug 30, 2021

    Date

    Hold

    CRMLS: 21774772

    $1,150,000

    Price

  • Aug 20, 2021

    Date

    Active

    CRMLS: 21774772

    $1,150,000

    Price

Tax History for 982 Hyperion Ave

Assessed Value (2020): $686,296
Year Land Value Improved Value Assessed Value
2020 $502,486 $183,810 $686,296

Home Value Compared to the Market

This property vs the competition

982 Hyperion Ave sold on September 30, 2021 for 2.68% 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 $460 per/sqft which puts the price per square foot 36.46% lower than the current median sale per square foot for the city of Los Angeles.

About 982 Hyperion Ave

Detailed summary of property

982 Hyperion Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 2,500 living square feet, and sits on an approximately 7,351 square foot lot. 982 Hyperion Ave was first listed on ArdentRealEstateGroup.com on August 20, 2021. The homeowner sold the property for $1,400,000. 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 2.68% higher than the current median priced home. Local homes that are currently for sale include 2969 London St, 4354 Prospect Ave and 342 N Dillon St. While the average home in Los Angeles, CA is selling in 106 days, 982 Hyperion Ave has a days on market of 10 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 982 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 982 Hyperion Ave

Public county record property details
Beds
5
Baths
3
Year built
1923
Sq. Ft.
2,500
Lot Size
7,351
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5427-013-028

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%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 982 Hyperion Ave

976 Hyperion Ave, Los Angeles, CA 90029
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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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