1001 Hyperion Ave | Los Angeles, CA 90029
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- LoopNet Team
1001 Hyperion Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Motivated Seller
- Prime Silver Lake Location - Just Steps Away from Sunset Junction While Being on a Quiet Residential Corridor
- Great Initial Cash Flow - 100% Occupied at a 6.76% Cap Rate
- Huge 12% Price Reduction
- Select Units are Fully Renovated
- Incredible Value-Add Potential in Large Basement Area - Wide Variety of Potential Uses
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 8,808 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | Parking Ratio | 0.45/1,000 SF |
| Zoning | LAR3 - 0500 - 5 Or More apts or Units | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,808 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 0.45/1,000 SF |
| Zoning | LAR3 - 0500 - 5 Or More apts or Units |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Heating
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | $2,284 | - |
| 1+1 | 12 | $2,277 | - |
PROPERTY TAXES
| Parcel Number | 5427-007-016 | Improvements Assessment | $1,628,954 |
| Land Assessment | $2,546,899 | Total Assessment | $4,175,853 |
PROPERTY TAXES
Parcel Number
5427-007-016
Land Assessment
$2,546,899
Improvements Assessment
$1,628,954
Total Assessment
$4,175,853
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