2829 Hyperion Avenue, Los Angeles, CA 90027 (MLS # 24350241)

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PRICE $9,849,999 dsIDX morgage calculator
SIZE 9,884 sqft
LOT SIZE 17,246 sqft
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This signalized corner retail center presents an investor a unique opportunity to add-value to one of the hippest corners in Silver Lake, surrounded by major grocery tenants, restaurants, bars, and high walking traffic count. The subject building is +/- 10,340 square feet (per CoStar) and situated on a +/- 17,000 square foot parcel of land. The center is currently 50% vacant with the remaining tenant leases expiring in 2025 through 2026, adding significant value-add potential. The center is anchored by Pink Berry, and also includes a popular coffee shop, and veterinary clinic, and a pet store. Excellent opportunity to add additional food, entertainment, fitness, or other uses that will play to the strong retail demand and demographics of this neighborhood. Due to a covenant recorded against the title, this property is not a candidate for residential development at this time.

DAYS ON MARKET 118 LAST UPDATED 1/22/2024
YEAR BUILT 1986 COMMUNITY Los Feliz
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Los Feliz
BUYER'S BROKERAGE COMPENSATION 2.000 %
HOA DUES 0
LOT 0.4 acre(s)
STORIES 1
ZONING C4-1D
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Maher Commercial Realty

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