Active
1820 Hyperion Ave
Los Angeles CA, 90027
$2,550,000
$694.07 per sqft
Active
3,674 sqft
Multi-family
Built in 1937
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.
24-458383
MLSⓇ ID
November 4, 2024
Listed
November 22, 2024
Updated
Map
1820 Hyperion Ave
Los Angeles CA, 90027
Interior Features
Total Stories
0
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.09 Acres
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
8
Garage
Yes
Parking
Carport, Garage - 1 Car
Parking Total
2
View
No
County
Los Angeles
Pool
No
Zoning
LAC2
Listed by Daria Greenbaum with Compass
Listing Contact: 917-940-9043
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Data last updated 11/22/2024