Silver Lake, CA 90029,1023 Hyperion Avenue
Silver Lake, CA 90029,1023 Hyperion Avenue
Silver Lake, CA 90029,1023 Hyperion Avenue
$1,933,000
Est. payment /mo
$1,995,000
3.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 Beds
4 Baths
7,323 Sqft Lot
SOLD DATE : 12/08/2021

Key Details

Sold Price $1,933,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR21229363

Sold Date 12/08/21

Bedrooms 8

HOA Y/N No

Lot Size 7,323 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!
*** 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 Los Angeles (90029)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Garage Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash, Exchange

Space Rent $895

Listing Terms Cash, Exchange

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Hoeng Yik • Real Estates Unlimited
Bought with NON LISTED AGENT • San Diego
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.