Seller's Agent in 2025
Michael Fukushima
Keller Williams Los Angeles
(818) 321-6490
1 in this area
40 Total Sales
756 Hyperion Ave Los Angeles, CA 90029
Silver Lake Neighborhood
7
Beds
5
Baths
3,570
Sq Ft
7,514
Sq Ft Lot
About This Home
As of July 2025Prime 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 Proforma Gross Rent Multiplier (GRM) of 10.1 with a Proforma CAP rate of 7.0%, 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.
Last Agent to Sell the Property
Keller Williams Los Angeles License #01380445 Listed on: 04/22/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1916
Lot Details
- 7,514 Sq Ft Lot
Home Design
- 3,570 Sq Ft Home
- Split Level Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water, electricity, gardener
- Assessor Parcel Number 5427-011-026
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2025
Closed on
Jul 9, 2025
Sold by
Wakatsu Matsumura and Wakatsu Yasuko Matsumura
Bought by
Hughes Kevin Lowell and Hughes Sally Eaves
Seller's Agent
Michael Fukushima
Keller Williams Los Angeles
Buyer's Agent
Robertocarlo Lanzas
The Collective Realty
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,778
Avg. Annual Appreciation
-2.04%
Original Mortgage
$1,215,000
Outstanding Balance
$1,212,943
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$124,065
Purchase Details
Closed on
Jan 15, 2000
Sold by
Matsumura Wakatsu and Matsumura Yasuko
Bought by
Matsumura Wakatsu and Matsumura Yasuko
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,350,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,215,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $1,350,000 | 0.0% | $378 / Sq Ft |
| 06/23/2025 06/23/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | Price Changed | $1,350,000 | -10.0% | $378 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $1,500,000 | 0.0% | $420 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | Price Changed | $1,500,000 | -3.2% | $420 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $1,550,000 | -6.1% | $434 / Sq Ft |
| 12/23/2024 12/23/24 | For Sale | $1,650,000 | 0.0% | $462 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 12/03/2024 12/03/24 | Price Changed | $1,650,000 | -7.0% | $462 / Sq Ft |
| 10/20/2024 10/20/24 | Price Changed | $1,775,000 | 0.0% | $497 / Sq Ft |
| 10/20/2024 10/20/24 | For Sale | $1,775,000 | +31.5% | $497 / Sq Ft |
| 08/01/2024 08/01/24 | Off Market | $1,350,000 | -- | -- |
| 06/11/2024 06/11/24 | Price Changed | $1,800,000 | -7.7% | $504 / Sq Ft |
| 04/19/2024 04/19/24 | Price Changed | $1,950,000 | -4.9% | $546 / Sq Ft |
| 03/04/2024 03/04/24 | For Sale | $2,050,000 | -- | $574 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $2,149 | $1,664,640 | $936,360 | $728,280 |
| 2024 | $2,149 | $120,119 | $31,452 | $88,667 |
| 2023 | $2,115 | $117,765 | $30,836 | $86,929 |
| 2022 | $1,951 | $115,457 | $30,232 | $85,225 |
| 2021 | $1,908 | $113,194 | $29,640 | $83,554 |
| 2020 | $1,917 | $112,035 | $29,337 | $82,698 |
| 2019 | $1,863 | $109,839 | $28,762 | $81,077 |
| 2018 | $1,736 | $107,687 | $28,199 | $79,488 |
| 2016 | $1,625 | $103,507 | $27,105 | $76,402 |
| 2015 | $1,607 | $101,953 | $26,698 | $75,255 |
| 2014 | $1,640 | $99,957 | $26,176 | $73,781 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fukushima
-
Stephen Watson
Seller Co-Listing Agent in 2025
Stephen Watson
Keller Williams Los Angeles
(213) 221-7579
1 in this area
43 Total Sales
-
Robertocarlo Lanzas
Buyer's Agent in 2025
Robertocarlo Lanzas
The Collective Realty
(310) 569-1335
1 in this area
13 Total Sales
Map
Source: The MLS
MLS Number: 24-364747
APN: 5427-011-026
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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