1023 Hyperion Ave, Silver Lake, CA 90029

Property Description

*** BEAUTIFUL 6-UNIT COMPLEX *** SUNSET JUNCTION PRIME LOCATION ***HUGE UPSIDE RENTAL POTENTIAL *** Tremendous opportunity to own income property in prime Sunset Junction - Silver lake! This well-maintained 6-unit complex totals 4,419 SF and is situated on a large 7,323 SF ZONE R3 LOT. Property offers an excellent unit mix of FOUR (4) spacious 2- bedroom 1-bath units and TWO (2) 1-bedroom 1-bath units. Property is completely gated for security and privacy and has on-site laundry facility, 6 parking spaces, and is separately metered for both electric and gas. Property is being delivered with ONE VACANT UNIT (recently renovated 2-bed 1-bath unit). Fantastic location and perfectly situated, just steps from the famed Sunset Junction with trendy eateries, chic boutique shops, artisan coffee shops, and the hottest entertainment and retails along famous Sunset Blvd. Located minutes from Silverlake Reservoir & dog park, the new Erewhon grocery store, local Farmers Market, Vista Theatre, Dodger Stadium, and neighboring cities of Los Feliz, Hollywood, Downtown LA, Echo Park, Burbank and Glendale. This Desirable location with consistent high demand rental area makes this complex ideal for investors, 1031 exchange buyers or owner-users. This is a one of a kind income property with enormous upside potential!