NOT LISTED FOR SALE

2419 Hyperion Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,821,000 - $2,184,000

4 Beds
3 Baths
2,472 Sq Ft
$796/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $1,700,000 $688 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,297/month

7 Days on Market

Highlights

  • Midcentury Modern Architecture
  • High Ceiling
  • Tankless Water Heater
  • Franklin Avenue Elementary Rated A-
  • Balcony
  • 2 Detached Carport Spaces

About This Home

As of September 2021

Rare opportunity to own 3 mid-century units with a vacant lot that fronts Hyperion Ave. along the trendy stretch of Silver Lake/Franklin Hills. The Hyperion Ave property consists of 3 unique units on a hill with a vacant lot below. The units are conducive to the sleek, modernism of mid-century architecture with high ceilings, clerestory windows, and large balcony decks. They also come with fireplaces. There are two 1-bedroom + 1 bath units and one 2-bedroom + 1 bath unit. The units have wall gas heaters and wall a/c units. Tenants pay gas and electric, owner pays for water/trash. The one-bedroom units each have their own carport parking space and there are 4 spaces on the vacant lot. Zoned C1 with extra income from the billboard on the vacant lot. 2 of the units come with washer/dryer hook-ups. Walk to Gelson's Grocers, Trader Joe's, Griffith Park. Heavy traffic count along this stretch of Hyperion Ave. The vacant lot is paved in a highly desirable location. Separate gas and electric meters for each unit.

Last Agent to Sell the Property

Jerry Hoffman

RLG Properties, Inc. License #01428622 Listed on: 07/22/2021

Last Buyer's Agent

DAVID LAO

License #00991605

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,819

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 6,908

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Detached Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Tankless Water Heater

Additional Features

  • Balcony
  • 6,908 Sq Ft Lot

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5433-017-039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,819

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2472
  • Lot Acreage: 0.1586
  • Price Per Unit: 516000.00
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Gas
  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 748.38

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • Patio: Balcony

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Water Heater: Tankless
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.93
  • Assessed Improvement Value: 274617
  • Assessed Land Percent: 74.07
  • Assessed Land Value: 784625
  • Total Assessed Value: 1059242
  • Assessor Parcel Number: 5433-017-039
  • Lot Size Area: 6908

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 3
  • Total Annual Expense: 18470
  • Type Of Units: 3
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 11, 2021
Sold by
Epc Properties Llc
Bought by
Oyler Dwayne and Wu Jenny
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
DAVID LAO
List Price
$1,850,000
Sold Price
$1,700,000
Premium/Discount to List
-$150,000
-8.11%
Current Estimated Value
$1,913,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,911
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,190,000
Outstanding Balance
$1,083,584
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$885,038

Purchase Details

Listed on
Oct 9, 2013
Closed on
Nov 4, 2013
Sold by
Tom Curtis W
Bought by
Epc Properties Llc
Seller's Agent
Steve Clark
Backbeat Homes
Buyer's Agent
Courtney N Smith
Compass
List Price
$899,000
Sold Price
$940,000
Premium/Discount to List
$41,000
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$550,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2009
Sold by
Tom Curtis W and Tom Colleen W K
Bought by
Tom Curtis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2004
Sold by
Tom Curtis W and Tom Colleen
Bought by
Tom Curtis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2004
Sold by
Tom Curtis
Bought by
Tom Curtis W and Tom Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2004
Sold by
Tom Curtis
Bought by
C W Tom Family Trust

Purchase Details

Closed on
Sep 2, 2003
Sold by
Sprangers Candise Tom
Bought by
Sprangers C Anton

Purchase Details

Closed on
Jul 30, 2003
Sold by
Tom Curtis
Bought by
Tom Curtis
Source: Public Records

Range of Values:

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Average Value
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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
Oyler Dwayne $1,700,000 Fidelity Sherman Oaks
Epc Properties Llc $945,000 American Coast Title
Tom Curtis W -- Accommodation
Tom Curtis W -- Fidelity National Title Co
Tom Curtis W -- --
Tom Curtis W -- Commonwealth Title
C W Tom Family Trust -- --
Sprangers C Anton -- --
Tom Curtis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyler Dwayne $1,190,000
Previous Owner Epc Properties Llc $464,483
Previous Owner Epc Properties Llc $550,000
Previous Owner Tom Curtis W $355,000
Previous Owner Tom Curtis W $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $1,700,000 -8.1% $688 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,850,000 +96.8% $748 / Sq Ft
12/30/2013 12/30/13 Sold $940,000 +4.6% $380 / Sq Ft
10/15/2013 10/15/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $899,000 -- $364 / Sq Ft
Source: The MLS

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 $21,819 $1,804,053 $1,591,812 $212,241
2024 $21,819 $1,768,680 $1,560,600 $208,080
2023 $21,398 $1,734,000 $1,530,000 $204,000
2022 $20,408 $1,700,000 $1,500,000 $200,000
2021 $13,152 $1,070,215 $792,753 $277,462
2020 $13,283 $1,059,242 $784,625 $274,617
2019 $12,713 $1,038,474 $769,241 $269,233
2018 $12,592 $1,018,112 $754,158 $263,954
2016 $12,094 $978,579 $724,874 $253,705
2015 $11,920 $963,881 $713,986 $249,895
2014 $12,061 $945,000 $700,000 $245,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jerry Hoffman

    RLG Properties, Inc.

    Section Image

  • D

    Buyer's Agent in 2021

    DAVID LAO

  • Steve Clark

    Seller's Agent in 2013

    Steve Clark

    Backbeat Homes

    (818) 519-9363

    2 in this area

    198 Total Sales

    Section Image

  • C

    Buyer's Agent in 2013

    Courtney N Smith

    Compass

    Section Image
  • Kurt Wisner

    Buyer Co-Listing Agent in 2013

    Kurt Wisner

    Compass

    (323) 841-3839

    15 in this area

    405 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 21-764114

The MLS

APN: 5433-017-039

California Los Angeles County Los Angeles 90027 Los Feliz

2419 Hyperion Ave, Los Angeles, CA

This home is located at 2419 Hyperion Ave, Los Angeles, CA 90027 since 22 July 2021 and is currently estimated at $1,968,622, approximately $796 per square foot. This property was built in 1960. 2419 Hyperion Ave is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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