842 Hyperion Ave
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842 Hyperion Ave
4 Unit Block of Flats £1,605,763 (£401,441/Unit) 4.23% Net Initial Yield Los Angeles, CA 90029
Investment Highlights
- Fully-Occupied Rental Property
- Located in Desirable Silver Lake Neighborhood
- Motivated Seller
- Charming Exterior
Executive Summary
Ally Commercial Real Estate is proud to present 4 units in super prime Silverlake. 842 Hyperion Ave is a gorgeous and well-maintained quadruplex. Each unit consists of a very spacious and clean 2 bed and 1 bath layout. Every unit has there own laundry room with hook-ups and their own private 1 car garage located right off the street. The building is 100% occupied with great and on-time paying tenants. Main entrance to the property is gated and secured with a call box.
Property Facts
| Price | £1,605,763 | Apartment Style | Low Rise |
| Price Per Unit | £401,441 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Net Initial Yield | 4.23% | Building Size | 4,514 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 16.13 | Number of Floors | 2 |
| No. Units | 4 | Year Built | 1926 |
| Property Type | Residential | Parking Ratio | 1.77/1,000 SF |
| Property Subtype | Apartment |
| Price | £1,605,763 |
| Price Per Unit | £401,441 |
| Sale Type | Investment |
| Net Initial Yield | 4.23% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 16.13 |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,514 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1926 |
| Parking Ratio | 1.77/1,000 SF |
Unit Amenities
- Kitchen
- Wooden Floors
- Yard
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,100 |
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Walk Score ®
Very Walkable (81)
PROPERTY TAXES
| Parcel Number | 5427-012-021 | Improvements Assessment | £243,161 |
| Land Assessment | £988,519 | Total Assessment | £1,231,680 |
PROPERTY TAXES
Parcel Number
5427-012-021
Land Assessment
£988,519
Improvements Assessment
£243,161
Total Assessment
£1,231,680
zoning
| Zoning Code | RD2 (Restricted Density Multiple Dwelling) |
| RD2 (Restricted Density Multiple Dwelling) |
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842 Hyperion Ave
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