2829 Hyperion Avenue, Los Angeles, CA 90027

  • $9,849,999
  • $997
2829 Hyperion Avenue, Los Angeles, CA 90027
  • Commercial Sale
  • Property Type
  • 1986
  • Year Built
For Sale
2829 Hyperion Avenue, Los Angeles, CA 90027
  • $9,849,999
  • $997

Overview

Property ID: SGR-22703198
  • Commercial Sale
  • Property Type
  • 1986
  • Year Built

Description

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.

  • Address 2829 Hyperion Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90027
  • Area 637 - Los Feliz
  • Country United States

Details

Updated on April 24, 2024 at 9:12 am
  • Property ID: SGR-22703198
  • Price: $9,849,999
  • Land Area: 17246.00 m²
  • Year Built: 1986
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 9884.00
  • MLS#: 24350241
  • Office Name: MAHER COMMERCIAL REALTY
  • Agent Name: Oron Maher
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01299093

Additional details

  • County: Los Angeles
  • Parking: 0.00

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