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 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor John Guentner | CA DRE# 01919579 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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