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756 Hyperion Ave, Los Angeles, CA, 90029

$1,950,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
3,570 SqFt
$546/SqFt
House
Schools Nearby

Location

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756 Hyperion Ave, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year Built1916
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24364747
Lot Size0.17 Acres
StatusActive

About 756 Hyperion Ave

Prime Investment Opportunity Quadplex Next to Virgil Village and Sunset Junction! 756 Hyperion Ave presents a captivating opportunity near the heart of Virgil Village and Sunset Junction, boasting a charming California Bungalow and Midcentury Triplex. This small hillside property features a driveway that leads to a triplex in the rear of the property. The hillside through portions of the property could provide unobstructed views of the Hollywood sign and the Griffith Observatory. The property consists of a 1 bed/1 bath bungalow constructed in 1916spanning 646 SF renovated in 2015, alongside a triplex built in 1965, featuring one 4 bed/2 bath owner's unit and two 1 bed/1 bath units, totaling 2,934 SF. Notably, both the owner's unit and one of the 1 bed units in the triplex will be vacant upon close of escrow. Currently, the property demonstrates a Gross Rent Multiplier (GRM) of 15.32 with a cap rate of4.4%, indicating its strong investment potential. Additionally, the spacious lot offers ample parking space and potential for an Additional Dwelling Unit (ADU) at the rear. Conveniently situated, a stroll up Hyperion or Hoover leads to the vibrant Sunset Blvd., renowned for its diverse retail and dining options at Sunset Junction. Similarly, exploring south on Virgil or Hoover provides access to the bustling Virgil Village scene. This property's central location coupled with its remarkable upside potential makes it an enticing investment opportunity for discerning buyers

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 0
  • Living Area: 3,570 SqFt

Listing Office:

  • Office Name: Keller Williams Downtown LA
  • Office Phone: (213) 797-7000
  • Listing Agent: Michael R. Fukushima

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Dayton Heights Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Property is near the intersection of N Hoover St. and Hyperion Ave. in Silver Lake.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $546/SqFt

Tax Information:

  • Annual Amount: $1,908
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

756 Hyperion Ave vs Los Angeles

48 DAYS ON ROCKET

+14 Days

$1,950,000

+$974K More

$546/SqFt

-$82 Less

KEY TAKEAWAY

This property is $974K more than the Median Sold Price and $82/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24364747

Listing Office:

  • Office Name: Keller Williams Downtown LA
  • Office Phone: (213) 797-7000
  • Listing Agent: Michael R. Fukushima

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,908$113,194
2020$1,862$112,035
2019$1,736$109,839
2018$1,704$107,687
2017$1,704$105,577

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3149663
8
/10

  • Dayton Heights Elementary School

  • 607 N Westmoreland Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-3149664
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.53 miles

  • Public Magnet Grades KG-6

school-card-donut-3149665
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.85 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3149666
6
/10

  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 0.84 miles

  • Public Magnet Grades 6-8

school-card-donut-3149667
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.01 miles

  • Public District Grades 6-8

High School

school-card-donut-3149668
7
/10

  • John Marshall Senior High School

  • 3939 Tracy St

  • 1.62 miles

  • Public Magnet Grades 9-12

school-card-donut-3149669
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.26 miles

  • Public Magnet Grades 9-12

school-card-donut-3149670
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.47 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,383. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 756 Hyperion Ave

What is the listing price of this property?

The listing price of 756 Hyperion Ave property is $1,950,000.

What type of property is this?

The property 756 Hyperion Ave is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 756 Hyperion Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 756 Hyperion Ave are:
Dayton Heights Elementary School: GreatSchools Rating 8/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
John Marshall Senior High School: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,908 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 756 Hyperion Ave has 7 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 756 Hyperion Ave is 3,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 756 Hyperion Ave is 1916.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›756 Hyperion Ave

This home is located at 756 Hyperion Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 3,570 square foot home, which was built in 1916, sits on a 0.17 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $1,950,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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