NOT LISTED FOR SALE

1057 Hyperion Ave Los Angeles, CA 90029

Estimated Value: $953,000 - $1,783,000

5 Beds
4 Baths
2,160 Sq Ft
$674/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $1,100,000 $509 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,888/month

6 Days on Market

Highlights

  • Lawn
  • John Marshall Senior High Rated A
  • No HOA

About This Home

As of September 2017

Beautiful, Quadplex is ready for its new owner! Well maintained, clean condition, and recently refreshed. Perfect for someone looking to invest in Silver Lake and ENJOY the rents. Great location just steps from the Sunset Junction...what can you ask for. ***As Is - With all Units occupied.***

Last Agent to Sell the Property

JORGE ORTEGA

PACIFIC HOME BROKERS License #01960461 Listed on: 07/01/2017

PACIFIC HOME BROKERS

Last Buyer's Agent

JORGE ORTEGA

PACIFIC HOME BROKERS License #01960461 Listed on: 07/01/2017

PACIFIC HOME BROKERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,202

Year Built

  • Built in 1922

Lot Details

  • 7,338 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • 2,160 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 5
  • Tax Tract Number 10
  • Assessor Parcel Number 5427007005

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $770
  • Water Sewer Expense $2,272
  • New Taxes Expense $3,232
  • Operating Expense $6,279
  • Gross Income $66,552
  • Net Operating Income $60,272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,202

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2272.00
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5427007005
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 509.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Sprinkler System
  • Lot Size Sq Ft: 7338.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 66552.00
  • Gross Scheduled Income: 66552.00
  • Insurance Expense: 770.00
  • Net Operating Income: 60272.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 6279.09
  • Rent Control: Yes
  • Total Actual Rent: 66552.00
  • Total Expenses: 6279.09

Tax Info

  • New Taxes Expense: 3232.00
  • Tax Census Tract: 1959.01
  • Tax Lot: 5
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2025
Sold by
Chaudhry Atif
Bought by
Hyperion Heights Project Llc
Current Estimated Value
$1,455,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Outstanding Balance
$1,134,608
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$321,235

Purchase Details

Listed on
Jul 1, 2017
Closed on
Sep 20, 2017
Sold by
Chaudhry Samina Lala
Bought by
Chaudhry Atif
Seller's Agent
JORGE ORTEGA
PACIFIC HOME BROKERS
Buyer's Agent
JORGE ORTEGA
PACIFIC HOME BROKERS
List Price
$1,280,000
Sold Price
$1,100,000
Premium/Discount to List
-$180,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Ortega Pablo and Ortega Rufina
Bought by
Chaudhry Atif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2000
Sold by
Herrera Jose and Herrera Ruth M
Bought by
Ortega Pablo and Ortega Rufina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,454
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 1996
Sold by
Almzan Othon and Almazan Melida
Bought by
Herrera Jose E and Herrera Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,863
Interest Rate
8.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hyperion Heights Project Llc -- Beeline Title Llc
Chaudhry Atif -- Orange Coast Title Co
Chaudhry Atif $1,100,000 Orange Coast Title Co
Ortega Pablo $189,000 Gateway Title Company
Herrera Jose E $156,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyperion Heights Project Llc $1,137,500
Previous Owner Chaudhry Atif $815,000
Previous Owner Ortega Pablo $187,454
Previous Owner Herrera Jose E $152,863
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $1,100,000 -14.1% $509 / Sq Ft
07/11/2017 07/11/17 For Sale $1,280,000 0.0% $593 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $1,280,000 -- $593 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,202 $1,251,608 $796,478 $455,130
2024 $15,202 $1,227,067 $780,861 $446,206
2023 $14,909 $1,203,007 $765,550 $437,457
2022 $14,220 $1,179,420 $750,540 $428,880
2021 $14,047 $1,156,295 $735,824 $420,471
2020 $14,189 $1,144,440 $728,280 $416,160
2019 $13,630 $1,122,000 $714,000 $408,000
2018 $13,522 $1,100,000 $700,000 $400,000
2016 $3,254 $245,377 $181,765 $63,612
2015 $3,210 $241,692 $179,035 $62,657
2014 $3,248 $236,958 $175,528 $61,430
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JORGE ORTEGA

    PACIFIC HOME BROKERS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17150444

California Regional Multiple Listing Service (CRMLS)

APN: 5427-007-005

California Los Angeles County Los Angeles 90026

1057 Hyperion Ave, Los Angeles, CA

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