REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,950,000
Est. payment /mo
Price Dropped by $145K
826 Hyperion AVE Los Angeles, CA 90029
12 Beds
6 Baths
5,699 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,699 sqft
Price per Sqft $342
MLS Listing ID 26646959
Bedrooms 12
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1956
Lot Size 7,548 Sqft
Property Description
PRICE IMPROVEMENT! Prime 6 Unit Silver Lake Investment Property - Three Units Delivered VacantWell maintained asset on the market for the first time in a generation. Three units are vacant and ready day one for your updates. Capitalize on Silver Lake's strong rental demand for a submarket market best 7.53% purchase CAP rate. All units are large two bedroom one baths (950 sf +/-) with functional floor plans and include; spacious living room with lots of natural light, dining area, separate kitchen, full bath and 2 generous sized bedrooms. Four units have the potential for private outdoor space (2 units have balconies and 2 have patio areas).Located close to Sunset Junction, Farmers Market, Erewhon, Intelligensia, Bacarai and the Virgil Village; Sqirl, Budoniki, Courage BagelsAdditional property features include four car port parking space and shared coin operated laundry room. Don't miss this opportunity to acquire a building with both say one and future upside.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Flooring Tile, Wood
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Laundry Room
Exterior
Parking Features Carport
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5427012018
Special Listing Condition Standard
Listed by Joel Nass Figure 8 Realty #01954931