2829 Hyperion AVE Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24350241
Year Built 1986
Lot Size 0.396 Acres
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 637 - Los Feliz
Zoning C4-1D
Building
Story 1
Others
Special Listing Condition Standard