756 Hyperion Avenue
Los Angeles, CA 90029
- 7 beds
- – baths
- 3,570 sqft
- 7,514 sqft lot
- $497 per sqft
- 1916 build
- – on site
Prime Investment Opportunity Quadplex Next to Virgil Village and Sunset Junction! 756 Hyperion Ave presents a captivating opportunity near the heart of Virgil Village and Sunset Junction, boasting a charming California Bungalow and Midcentury Triplex. This small hillside property features a driveway that leads to a triplex in the rear of the property. The hillside through portions of the property could provide unobstructed views of the Hollywood sign and the Griffith Observatory. The property consists of a 1 bed/1 bath bungalow constructed in 1916spanning 646 SF renovated in 2015, alongside a triplex built in 1965, featuring one 4 bed/2 bath owner's unit and two 1 bed/1 bath units, totaling 2,934 SF. Notably, both the owner's unit and one of the 1 bed units in the triplex will be vacant upon close of escrow. Currently, the property demonstrates a Gross Rent Multiplier (GRM) of 15.32 with a cap rate of4.4%, indicating its strong investment potential. Additionally, the spacious lot offers ample parking space and potential for an Additional Dwelling Unit (ADU) at the rear. Conveniently situated, a stroll up Hyperion or Hoover leads to the vibrant Sunset Blvd., renowned for its diverse retail and dining options at Sunset Junction. Similarly, exploring south on Virgil or Hoover provid
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 13, 2024
•
MLS# CL24364747 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:1916
-
Building Area Total:3570
-
Building Area Units:Square Feet
Room Dimensions
-
Living Area:3570
-
Living Area Units:Square Feet
Location
-
Directions:Property is near the intersection of N Hoover St.
The Property
-
Property Type:Residential Income
-
Property Subtype:OTHER
-
Lot Size Area:0.17
-
Lot Size Acres:0.17
-
Lot Size SqFt:7514
-
Lot Size Units:Acres
-
Zoning:LARD
-
Parcel Number:5427011026
Listing Agent
- Contact info:
- Agent phone:
- (818) 321-6490
Beds
-
Bedrooms Total:7
Heating & Cooling
-
Heating:Wall Furnace
-
Heating:true
-
Cooling:Wall/Window Unit(s)
-
Cooling:true
The Community
-
Association:false
Parking
-
Garage:false
-
Attached Garage:false
-
Carport:false
-
Parking Total:4
-
Parking Features:Street Parking
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/20/24
Oct 20, 2024
|
Price Changed | BRIDGE | $1,775,000 | -1.4% |
|
6/11/24
Jun 11, 2024
|
Price Changed | BRIDGE | $1,800,000 | -7.7% |
|
4/19/24
Apr 19, 2024
|
Price Changed | BRIDGE | $1,950,000 | -4.9% |
