2829 Hyperion Avenue
Los Angeles, CA 90027
$3,099,999.00 (-31.47%)
Active for $6,750,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 17,246 sqft
| MLS | 24350241 |
| Year Built | 1986 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $6,750,000 |
| Structure Size | N/A sqft |
| Lot Size | 17,246 sqft |
| Beds | N/A |
| Baths |
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.
Listing information courtesy of: Oron Maher, Maher Commercial Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Greg Zhamkochyan
REALTOR®
Direct: 323.889.9591
Email: Email Me
DRE: 02122428
DRE #01873088
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