Silver Lake, CA 90029,1023 Hyperion AVE
Silver Lake, CA 90029,1023 Hyperion AVE
Silver Lake, CA 90029,1023 Hyperion AVE
Silver Lake, CA 90029,1023 Hyperion AVE
Silver Lake, CA 90029,1023 Hyperion AVE
Silver Lake, CA 90029,1023 Hyperion AVE
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$1,933,000

$1,995,000

3.1%
Est.Price: ?

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Est. payment /mo

7,322 Sqft Lot


SOLD DATE : 12/08/2021

Key Details

Sold Price $1,933,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR21229363

Sold Date 12/08/21

HOA Y/N No

Year Built 1961

Lot Size 7,322 Sqft

Property Description

*** BEAUTIFUL 6-UNIT COMPLEX *** SUNSET JUNCTION PRIME LOCATION ***HUGE UPSIDE RENTAL POTENTIAL *** Tremendous opportunity to own income property in prime Sunset Junction - Silver lake! This well-maintained 6-unit complex totals 4,419 SF and is situated on a large 7,323 SF ZONE R3 LOT. Property offers an excellent unit mix of FOUR (4) spacious 2- bedroom 1-bath units and TWO (2) 1-bedroom 1-bath units. Property is completely gated for security and privacy and has on-site laundry facility, 6 parking spaces, and is separately metered for both electric and gas. Property is being delivered with ONE VACANT UNIT (recently renovated 2-bed 1-bath unit). Fantastic location and perfectly situated, just steps from the famed Sunset Junction with trendy eateries, chic boutique shops, artisan coffee shops, and the hottest entertainment and retails along famous Sunset Blvd. Located minutes from Silverlake Reservoir & dog park, the new Erewhon grocery store, local Farmers Market, Vista Theatre, Dodger Stadium, and neighboring cities of Los Feliz, Hollywood, Downtown LA, Echo Park, Burbank and Glendale. This Desirable location with consistent high demand rental area makes this complex ideal for investors, 1031 exchange buyers or owner-users. This is a one of a kind income property with enormous upside potential!

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Interior Features Open Floorplan

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator, Range Hood

Laundry Common Area, Laundry Room

Exterior

Garage Assigned, Covered, Shared Driveway

Fence Wrought Iron

Pool None

Community Features Biking, Curbs, Dog Park, Lake, Park, Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Water Available

Private Pool No

Building

Lot Description Level, Near Public Transit

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5427007012

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Hoeng Yik • Real Estates Unlimited
Bought with Paul Jesman • Edward Jesman Realty

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