Property Detail

826 Hyperion

Los Angeles CA 90029

$2,095,000

Status: Active

Property Details

Description

Prime 6 Unit Silver Lake Investment Property - Three Units Delivered VacantWell maintained asset on the market for the first time in a generation. Three units are vacant and ready day one for your updates. Capitalize on Silver Lake's strong rental demand for a submarket market best 7.53% purchase CAP rate. All units are large two bedroom one baths (950 sf +/-) with functional floor plans and include; spacious living room with lots of natural light, dining area, separate kitchen, full bath and 2 generous sized bedrooms. Four units have the potential for private outdoor space (2 units have balconies and 2 have patio areas).Located close to Sunset Junction, Farmers Market, Erewhon, Intelligensia, Bacarai and the Virgil Village; Sqirl, Budoniki, Courage BagelsAdditional property features include four car port parking space and shared coin operated laundry room. Don't miss this opportunity to acquire a building with both say one and future upside.

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