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Keller Williams Realty Los Feliz
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$2,550,000
1820 Hyperion Ave, Los Angeles, CA 90027
3,674
sq ft
.09
ac
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$2,550,000
1820 Hyperion Ave, Los Angeles, CA 90027
Estimation provided by Keller Williams Realty Inc.
3,674
sq ft
.09
ac
Active
For Sale
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.
Assessed Value is a combination of the land and additions.
2023
$20,294
(+4.85%)
$1,638,630
Land 1,352,520 +
Additions 286,110
2022
$19,356
(+683.88%)
$158,693
Land 26,018 +
Additions 132,675
2021
$2,469
(+2.58%)
$158,693
Land 26,018 +
Additions 132,675
2019
$2,407
(+1,851,630.77%)
$157,067
Land 25,752 +
Additions 131,315
2017
$0.13
$150,970
Land 24,268 +
Additions 123,743
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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