2829 Hyperion Avenue Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 9,884 sqft
Price per Sqft $682
MLS Listing ID CL24350241
HOA Y/N No
Year Built 1986
Lot Size 0.396 Acres
Acres 0.4
Property 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.
Location
State CA
County Los Angeles
Area Listing
Zoning C4-1
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5433027030