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1037 Hyperion Ave
Los Angeles, CA 90029 Silver Lake

$14,600,000 USD

Apartments For Sale  •  40,800 SF

Property Details

• Property Type Apartments
• Total Building Size 36,900 SF
• Lot Size 0.6 AC
• Building Class B
• Year Built 1928
• Zoning R3-1VL

64 Transit Score

89 Walk Score

Highlights

Sienna on Sanborn offers investors a proven interior renovation scope to emulate and capture 13%+ in remaining rental income upside.

Notable capital improvements include upgraded electrical systems and replacing all of the windows throughout the community.

Silver Lake is a high demand rental market. 90% of the population are renters and 44% are between the ages of 20 and 44.

The Property offers residents a true live, work, play environment just steps from Virgil Village and Sunset Junction

The Property recently achieved $1,395 on a renovated bachelor, $1,995 on a renovated studio and $2,190 on a renovated 1-bedroom.

The Property consists of 4 separately parceled contiguous buildings which provides disposition optionality

Amenities

• Air Conditioning
• Laundry Facilities
• Microwave
• Picnic Area
• Security System
• Kitchen
• Refrigerator
• Range
• Tub/Shower
• Freezer

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	3.2 mi
	8 min	-	4.1 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	16 min	0.8 mi
Vermont/Sunset Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	11.4 mi
Los Angeles International	29 min	-	16.7 mi
Long Beach (Daugherty Field)	37 min	-	26.7 mi