$1,799,000
0.17 acres
34.0846 -118.284

734 Hyperion Avenue Los Angeles, CA 90029

$1,799,000
Est. Monthly $9,148 recalculate
0.17 acres
 

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Hollywood, CA 90028
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734 Hyperion Avenue
Los Angeles, CA 90029

Explore This Property

Multi-Family (2-4 Units) - Unique opportunity to purchase a trophy 4 unit Silverlake property located at 734 Hyperion Avenue. Featuring a great unit mix with four 3+2 units, and they're all HUGE units with 5,090 total SF (approx. 1,272 SF/unit)(Title shows as 8 Beds 4 Baths total so buyer to verify). The current income is very solid at: $10,548/mth; $126,576/yr with further rent upside potential. At the $1.8M asking price, the property is: $450,000/unit; a 14.22 current GRM; a 11.03 market GRM; a 4.65% current CAP; a 6.44% market CAP; and $354/SF. Don't miss the opportunity to purchase this unique apartment, which offers great current income/positive cash flow + further rent upside & continually appreciation in one of LA's most sought after & hippest neighborhoods.

A+ location in uber hot Silverlake at the corner of Hyperion Ave & Hoover. This property is located in the heart of the action within walking distance to Bellevue Recreation Center, and a short walk to a ton of eclectic shops; restaurants/coffee shops & bars. The property is very conveniently located in close proximity to: the 101 Freeway; Santa Monica Blvd; and Sunset Blvd for ease of commuting. The property is also only 0.8M from the Vermont/SM Blvd Metro Red line station, and 1M from the Vermont/Beverly Blvd station so leaving the car at home is a great option too. This Silverlake area will only continue to appreciate as billions of development $ flow into this immediate area & adjacent Downtown LA.
MLS # SB17087452
Courtesy Of Keller Williams Beach Cities

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: None
  • Lot Size: 0.17 Acres
  • Parking Type: Assigned
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $9,148Your estimated monthly payment
    $359,80020% Down Payment
    $1,799,000 $1,619,100
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    DAYTON HEIGHTS ELEMENTARY SCHOOL
    Grades K-5 | Public School

    LOS ANGELES, CA 90004
    607 N WESTMORELAND AVE
    323-661-3308
    0.3
    miles

    Total Students 600
    Student Teacher Ratio 15:1

    School Rating

    3 stars View School Details
    Middle School
    THOMAS STARR KING MIDDLE SCHOOL
    Grades 6-8 | Public School

    LOS ANGELES, CA 90029
    4201 FOUNTAIN AVE
    323-644-6700
    0.8
    miles

    Total Students 2000
    Student Teacher Ratio 27:1

    School Rating

    4 stars View School Details
    High School
    JOHN MARSHALL SENIOR HIGH SCHOOL
    Grades 9-12 | Public School

    LOS ANGELES, CA 90027
    3939 TRACY ST
    323-671-1400
    1.7
    miles

    Total Students 3456
    Student Teacher Ratio 19:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Blind Childrens Center, Inc 0.3 mi Private PRESCHOOL-2
    Lockwood Avenue Elementary School 0.4 mi Public PRESCHOOL-6
    Camino Nuevo High No. 2 0.5 mi Public 9-12
    Camino Nuevo Charter High School 0.6 mi Public 9-12
    Micheltorena Street Elementary School 0.6 mi Public PRESCHOOL-6
    St. Francis Of Assisi Elementary School 0.6 mi Catholic K-8
    Soledad Enrichment Action Charter High School 0.6 mi Public 9-12
    Lexington Avenue Primary Center 0.7 mi Public K-2
    Central City Value School 0.7 mi Public 9-12
    Dr. Sammy Lee Medical And Health Science Magnet Elementary 0.8 mi Public K-5
    Vista Charter Middle School 0.8 mi Public 6-8
    Virgil Middle School 0.8 mi Public 6-8
    Immaculate Heart Of Mary Elementary School 0.9 mi Catholic K-8
    New Village Girls Academy 1.0 mi Public 9-12
    Frank Del Olmo Elementary School 1.0 mi Public PRESCHOOL-5
    Alexandria Avenue Elementary School 1.0 mi Public PRESCHOOL-5
    Commonwealth Avenue Elementary School 1.0 mi Public PRESCHOOL-5
    Ramona Elementary School 1.0 mi Public PRESCHOOL-6

    Local Area Information for Los Angeles, CA 90029

    Median Age: 36.5
    Married: 28.5%
    Number of Households: 14,021
    Households with Children: 3,898
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.