756 Hyperion Ave - Apartments FOR SALE


Los Angeles, CA 90029
$1,550,000 USD
818-321-6490
756 Hyperion Ave, Los Angeles, CA for Sale
$1,550,000 USD
Apartments - FOR SALE
1/21
null | 6.1% Cap Rate

756 Hyperion Ave
Los Angeles, CA 90029


HIGHLIGHTS

  • Excellent location in Silver Lake, nearby to Virgil Village and Sunset Junction!
  • 4 units total!
  • One stand alone 1 Bedroom + 1 Bathroom Bungalow!
  • Triplex in rear of property with (2) 1 Bedroom units and (1) 4 Bedroom + 2 Bathroom unit!
  • Two units will be delivered vacant at close of escrow!
  • Great Owner Occupy or Investment Opportunity!

OVERVIEW

Charming California Bungalow and Midcentury Triplex next to Sunset Junction! This property features a 1 bed/ 1 bath bungalow built 1916 for 646 SF in the front of the property and a triplex built in 1965 with one 4 bed/ 2 bath unit and two 1 bed/ 1 bath units for a total of 2,934 SF in the rear of the property. The 4 bed unit and one 1 bed unit will be delivered vacant at the close of escrow. The total rentable area is 3,580 SF and the total lot size is 7,512 SF. The property contains on-site parking for about up to 5 to 6 cars. Take a short walk up Hyperion or Hoover to Sunset Blvd and see all Sunset Junction has to offer with its variety of retail and restaurants. Take a short walk to Virgil or Hoover and shop and eat in Virgil Village as well. This property is in such a central location that every Buyer who comes and see this property will think buying it for themselves to be kismet.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$434 USD /SF

# OF UNITS

4

PRICE/UNIT

$387,500

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,512 SF

ZONING

LARD2

APN/PARCEL ID

5427-011-026

ASK ABOUT THIS PROPERTY

Michael FukushimaTotal Realty GroupMore Info
818-321-6490

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Michael FukushimaTotal Realty GroupMore Info
818-321-6490

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.