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832 Hyperion Ave
Los Angeles, CA 90029 Silver Lake

$2,250,000 USD

Apartments For Sale  •  4,785 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,785 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1924
  • Cap Rate 5.32 %
  • Zoning RD2
60 Transit Score
80 Walk Score

Highlights

Rare generational ownership, offered for sale for the first time in more than a decade.
Six-unit California Spanish bungalow property comprised of three duplex-style buildings offering exceptional privacy and townhouse-style living.
Premier Silver Lake Hills location within walking distance of Sunset Junction, Virgil Village, the Silver Lake Reservoir, and attractions.
Updated kitchens with stainless steel appliances, renovated bathrooms, hardwood flooring, and abundant natural light.
Separately metered for gas and electricity, with on-site laundry, four off-street parking spaces, and substantial basement storage.
Excellent Tenancy-in-Common (TIC) conversion potential due to the property's duplex configuration, individual entrances and private outdoor spaces.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $119,689 USD (2025)
Cap Rate: 5.32 %
Total Expenses: $46,883 USD

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.5 mi
8 min - 3.5 mi
Transit/SubwayDriveWalkDistance
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 22 min - 11.9 mi
Los Angeles International 31 min - 16.0 mi
Long Beach (Daugherty Field) 38 min - 26.9 mi
Rich Johns 213-305-9026 KW Commercial
Rich Johns 213-305-9026 KW Commercial