1042 Hyperion Avenue

    Los Angeles (City), CA 90029
    • $1,190,000
    • STATUS: Active
    • ON SITE: 184 days
    • ID#: PW19081895
    UPDATED: 60 min ago
    $1,190,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,732
      SQFT
    • $687
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    GREAT OPPORTUNITY for FIRST-TIME BUYER or INVESTORS! Back on the Market! AMAZING LOCATION! Welcome to this beautiful well-kept triplex, located near the epicenter of Silver Lake! All units feature spacious kitchens with appliances, tile floors, ornate vintage fixtures, and individual outdoor entertaining zones for each unit. Front unit is very spacious with 1 bedroom 1 bath. The second unit has a big living room/dining room area and 2 bedrooms. The third unit is a detached casita totally independent from the rest, it has a very spacious living room and 1 bedroom with plenty of privacy and a beautiful backyard surrounded by trees. Drought-resistant landscaping with sprinklers all around the property. Each unit has its own gas and electric meter. Exterior painting was recently done. Fully occupied with great tenants. All just steps away from the shops, restaurants, and experiences that make Silver Lake so wildly popular. Minutes away to Hollywood, Beverly Hills, and Downtown L. A.! This is a great opportunity for the first time buyer or investor looking for steady income in an area with consistent well-performing rents, or exercising the option of redevelopment into a trophy property! Whether it's a 1031 exchange or a first-time income property buyer, this is a MUST SEE!! Zoned: LARD2. Please Don't Disturb Tenants! PLEASE CALL TO SCHEDULE PRIVATE SHOWING. PLEASE SEE PRIVATE REMARKS.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T08:29:09.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/93674226

    1042 Hyperion Avenue Los Angeles (City), CA 90029

    • Price: $1,190,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: PW19081895
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1,732
    SQFT
    $687
    $/SQFT
    1912
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    GREAT OPPORTUNITY for FIRST-TIME BUYER or INVESTORS! Back on the Market! AMAZING LOCATION! Welcome to this beautiful well-kept triplex, located near the epicenter of Silver Lake! All units feature spacious kitchens with appliances, tile floors, ornate vintage fixtures, and individual outdoor entertaining zones for each unit. Front unit is very spacious with 1 bedroom 1 bath. The second unit has a big living room/dining room area and 2 bedrooms. The third unit is a detached casita totally independent from the rest, it has a very spacious living room and 1 bedroom with plenty of privacy and a beautiful backyard surrounded by trees. Drought-resistant landscaping with sprinklers all around the property. Each unit has its own gas and electric meter. Exterior painting was recently done. Fully occupied with great tenants. All just steps away from the shops, restaurants, and experiences that make Silver Lake so wildly popular. Minutes away to Hollywood, Beverly Hills, and Downtown L. A.! This is a great opportunity for the first time buyer or investor looking for steady income in an area with consistent well-performing rents, or exercising the option of redevelopment into a trophy property! Whether it's a 1031 exchange or a first-time income property buyer, this is a MUST SEE!! Zoned: LARD2. Please Don't Disturb Tenants! PLEASE CALL TO SCHEDULE PRIVATE SHOWING. PLEASE SEE PRIVATE REMARKS.
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Green Water Conservation Water-Smart Landscaping Gross Income 48600.00 Gross Scheduled Income 48600.00 Insurance Expense 1284.00 Land Lease YN No Laundry YN No Net Operating Income 42996.00 New Construction YN No New Taxes Expense 14875.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 5600.00 Rent Control YN Yes Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 4404.00 Trash Expense 0.00 Water Sewer Expense 1920.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Maria Olmos of Keller Williams Pacific Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T08:29:09.797. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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