Active

2829 Hyperion Avenue

Los Angeles CA, 90027

$9,849,999


$996.56 per sqft

Active

9,884 sqft

Commercial

Built in 1986

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.

24350241

MLS ID

January 22, 2024

Listed

April 24, 2024

Updated

Map

2829 Hyperion Avenue
Los Angeles CA, 90027

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.4 Acres

Other Property Details

Area Name

637 - Los Feliz


Days on Market

92


Garage

No


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

C4-1D


Buyer Agency Compensation

2%

Listed by Oron Maher, Maher Commercial Realty, CA DRE 01299093

Listing Contact: 310-464-1453 

Based on information from the CRISNet MLS as of 4/24/2024, 5:10 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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