2346 Hyperion Ave | Image 1

$2,000,000

Sold

7 months ago

MLS® 25572571

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1948
MLS® Number 25572571

Property Address: 2346 Hyperion Ave, Los Angeles, CA, 90027-4712

Average square foot calculated using Size range provided by listing agent.

Description

Aegis Management, Inc. Is pleased to offer this unique development opportunity in one of Los Angeles' most desirable neighborhoods to market for $2, 000, 000! The subject property is located on Hyperion Street, one block west of Griffith Park Boulevard, just south of theTracy Street / Hyperion Avenue "Y" Intersection, about three (3) blocks west of the actual Silver Lake Reservoir, within the Silver Lake community of Los Angeles. The 10, 058 sq. Foot-lot is zoned C2-1VL allowing by right a variety of uses including apartments as well as office, retail, warehouse and other commercial uses. The existing site consists of a vacant office property, and a metal storage warehouse, both of which will be vacant at the close of escrow. One of the commercial spaces is currently leased to an auto upholstery tenant who pays $1, 500 / month on a month to month tenancy. There is also a billboard lease on site which pays $200 / month. Hyperion Ave is a major thoroughfare in the popular Silver Lake neighborhood which continues to be in high demand due to it's cultural vibrancy and attractive infrastructure including parks, green space and excellent freeway accessibility. 61% of Silver Lake residents are under the age of 44 and 63% of residents hold a bachelor's degree or higher per Niche.Com. Also per Niche.Com, 61% of residents rent their homes, and this affluent renter should facilitate increased rental growth and demand as well as property appreciation well into the future. Do not miss this opportunity to develop in one of LA's hottest neighborhoods at an attractive price!
MLS® Number25572571
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1948
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Aug 28, 2025End Date
$1,485,000Sold Price

Sold

Aug 17, 2025List Date
$2,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
2346 Hyperion Ave, Los Angeles, CA

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