832 Hyperion Avenue

KW Commercial is pleased to exclusively present 832 Hyperion Avenue a rare sixunit multifamily investment opportunity prominently situated atop the Silver Lake Hills in one of Los Angeles most desirable and supplyconstrained 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 longterm valueadd potential Constructed in 1924 the property is an outstanding example of California Spanish bungalow architecture consisting of three charming duplexstyle buildings thoughtfully positioned across a 7643squarefoot LARD2zoned parcel The property comprises approximately 4785 square feet and features four spacious twobedroom onebathroom residences and two onebedroom onebathroom residences Its duplex configuration creates a true neighborhood feel offering residents an uncommon level of privacy that closely resembles singlefamily 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 indooroutdoor living experience rarely found in comparable multifamily properties Additional amenities include onsite laundry four offstreet 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 minisplit 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 neighborhoods renowned collection of acclaimed restaurants cafes boutiques nightlife and entertainment The propertys 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 inplace income and recent improvements 832 Hyperion Avenue offers meaningful longterm upside The propertys duplexstyle layout individual entrances private outdoor spaces and townhouselike feel make it an exceptional candidate for a future TenancyinCommon 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