2829 Hyperion Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,884 sqft
Price per Sqft $682
MLS Listing ID 24-350241
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 Los Feliz
Zoning C4-1D
Building
Story 1
Others
Special Listing Condition Standard