12
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$6,750,000
Est. payment /mo
9,884 SqFt
Pending
2829 Hyperion Ave Los Angeles, CA 90027
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UPDATED:
12/16/2024 09:28 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
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
Acres 0.396
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
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Listed by Maher Commercial Realty