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832 Hyperion Avenue

Los Angeles, CA 90029
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Bed 10

Bed

Bath 6

Bath

SqFt4,785

Sqft

SqFt7,645

Sqft(Lot)

KW Commercial is pleased to exclusively present 832 Hyperion Avenue, a rare six-unit multifamily investment opportunity prominently situated atop the Silver Lake Hills in one of Los Angeles' most desirable and supply-constrained rental submarkets. Offered for sale for the first time in more than a decade, the property represents the opportunity to acquire a generationally owned asset combining classic California architecture, recent capital improvements, and compelling long-term value-add potential. Constructed in 1924, the property is an outstanding example of California Spanish bungalow architecture, consisting of three charming duplex-style buildings thoughtfully positioned across a 7,643-square-foot LARD2-zoned parcel. The property comprises approximately 4,785 square feet and features four spacious two-bedroom, one-bathroom residences and two one-bedroom, one-bathroom residences. Its duplex configuration creates a true neighborhood feel, offering residents an uncommon level of privacy that closely resembles single-family living. Many residences retain their original architectural character while benefiting from extensive modernization. Five of the six apartments have been remodeled within the past five years, featuring updated kitchens with stainless steel appliances, modern cabinetry and countertops, renovated bathrooms, hardwood flooring, abundant natural light, and thoughtfully designed living spaces. Five residences enjoy private yards or patios, while several units capture sweeping hillside and city views, creating a highly desirable indoor-outdoor living experience rarely found in comparable multifamily properties. Additional amenities include on-site laundry, four off-street parking spaces, and a substantial basement storage area beneath the center building. Ownership has completed numerous capital improvements, including a new roof (2024), updated exterior stairs and deck, foundation improvements, mini-split HVAC installation, and newer water heaters. The property is also separately metered for gas and electricity, providing operational efficiencies and reducing landlord utility expenses. Ideally located just south of Sunset Boulevard, residents enjoy immediate access to Sunset Junction, the Silver Lake Reservoir, Virgil Village, and the neighborhood's renowned collection of acclaimed restaurants, cafes, boutiques, nightlife, and entertainment. The property's exceptional walkability and quintessential Silver Lake setting continue to drive strong tenant demand among young professionals and creative residents seeking one of Los Angeles' premier lifestyle neighborhoods. Beyond its attractive in-place income and recent improvements, 832 Hyperion Avenue offers meaningful long-term upside. The property's duplex-style layout, individual entrances, private outdoor spaces, and townhouse-like feel make it an exceptional candidate for a future Tenancy-in-Common (TIC) conversion, presenting investors with an additional avenue for value creation. Combining architectural charm, modernized interiors, recent capital improvements, and one of Los Angeles' most coveted locations, 832 Hyperion Avenue represents a rare opportunity to acquire a truly distinctive Silver Lake investment asset.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,250,000

AD Id : 89183865

MLS Id : 26869477

Beds : 10

Lot Size : 7,645 Sqft

Living Area Size : 4,785

Year Built : 1924

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 6

  • Building Information

    Year Built: 1924
    Building Area Total: 4785
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 7645 Lot Size Acres: 0.1755 Lot Size Square Feet: 7,645

  • Listing Price Information

    Listing Price: $2250000

  • Tax Information

    Parcel Number: 5427012019

  • Location Information

    Direction: Excellent Silver Lake Location on Hyperion Avenue, close to Sunset Junction, Virgil Village, the Silver Lake Reservoir, and the area's renowned dining, cafes, boutiques, and nightlife.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1209 Hyperion Avenue, Los Angeles, CA, 90029 $1,129,000 -- -- 2,945 2,945 SqFt
1125 Sanborn Avenue, Los Angeles, CA, 90029 $1,769,000 3 3 1,977 1,977 SqFt
4308 Gateway Ave, Los Angeles, CA, 90029 $1,950,000 -- -- 3,444 3,444 SqFt
4326 Gateway Avenue, Los Angeles, CA, 90029 $1,675,000 4 -- 3,237 3,237 SqFt
905 Sanborn Avenue, Los Angeles, CA, 90029 $1,900,000 8 8 5,977 5,977 SqFt
1000 Myra Avenue, Los Angeles, CA, 90029 $1,695,000 3 3 1,513 1,513 SqFt
1222 N Virgil Avenue, Los Angeles, CA, 90029 $998,000 3 3 1,865 1,865 SqFt
760 N Arthur Road, Los Angeles, CA, 90029 $1,995,000 3 3 2,538 2,538 SqFt
4523 Lexington Avenue, Los Angeles, CA, 90029 $1,075,000 3 2 1,184 1,184 SqFt
1184 N Berendo Street, Los Angeles, CA, 90029 $2,300,000 -- -- 7,864 7,864 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/14/2026 @ 11:16

MLS: 26869477 LISTED BY: Nick Astrupgaard, KW Commercial Studio City 818-432-1500 SOURCE: CRMLS

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