CA > Los Angeles
Los Angeles, CA 90027,1820 Hyperion Ave
Los Angeles, CA 90027,1820 Hyperion Ave
Los Angeles, CA 90027,1820 Hyperion Ave
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$2,550,000
Est. payment /mo
3,674 SqFt
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UPDATED:

11/05/2024 02:48 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,674 sqft

Price per Sqft $694

MLS Listing ID 24-458383

Year Built 1937

Lot Size 4,021 Sqft

Acres 0.0923

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 Silver Lake - Echo Park

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Other

Exterior

Garage Carport, Garage - 1 Car

Garage Spaces 2.0

Building

Level or Stories One

Others

Special Listing Condition Standard

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The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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