Homes for sale - 1820 Hyperion AVE, Los Angeles, CA 90027

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Randy Plaice

REAL Broker

randy@randyplaice.com +1(818) 294-0414

$ 2,550,000

Est. payment | -/mo

3,674 SqFt

Save

$ 2,550,000

Est. payment | -/mo

Save

3,674 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,674 sqft

Price per Sqft $694

MLS Listing ID 24458383

HOA Y/N No

Year Built 1937

Lot Size 4,020 Sqft

Property Description

Located on one of the most desirable stretches of Silver Lake going into Los Feliz lies this remarkable mixed-use office and live/work opportunity. Perfect for the owner/user or investor. The commercial building is a total of 3,674 RSF on a 4,021 RSF lot. The office space is 1,895 RSF and will be delivered 100% vacant. The live/work space is 1,779 RSF, and is occupied until February 28, 2026. Bringing in $2,513/mo, as an owner/user you can occupy 51% of the property at close of escrow, which allows one to be qualified for an SBA loan. The vacant office space features poured concrete floors, two executive offices, two junior offices, one shared work space perfect for assistants or freelancers, as well as an open office bay for additional freelancers or joint working. A large conference room features floor to ceiling windows, presenting great changing light throughout the day. The office kitchen is centrally located and provides ample storage, the unit also features two bathrooms one for guests located just off the lobby, as well as a second executive bathroom. The unit also featured three skylights, located throughout the space. Additionally, the potential of subdividing the office into two separate leased offices exists for further investment opportunity. The 1,779 RSF live/work, residence portion of the property is composed of a Japanese inspired two bedroom one bathroom artist loft, featuring custom millwork throughout; a perfect live work space for the creative spirit with minimal landlord responsibilities. The property comes with parking for two: the one car garage, plus a one-car gated driveway. Ample metered parking exists along Hyperion in addition to the nearby residential streets. Conveniently located to the best Silver Lake has to offer, including iconic restaurants, some of the city's best coffee and Erewhon.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAC2

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Carport, Door-Single, Garage

Total Parking Spaces 2

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5431001015

Acceptable Financing Lease Option

Listing Terms Lease Option

Special Listing Condition Standard

Listed by Daria Greenbaum • Compass

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 294-0414

randy@randyplaice.com

25101 The Old Road Suite 240, Ranch, Ca, 91381, United States

1820 Hyperion AVE Los Angeles, CA 90027