NOT LISTED FOR SALE

823 Hyperion Ave Los Angeles, CA 90029

Estimated Value: $1,570,000 - $1,798,000

2 Beds
1 Bath
1,496 Sq Ft
$1,143/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $1,420,000 $949 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $10,920/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • Formal Entry
  • John Marshall Senior High Rated A
  • Laundry Room
  • Bungalow

About This Home

As of December 2020

Attention Investors / Developers. LOCATION LOCATION " SILVER LAKE " area. Excellent opportunity to build multi apartments. Subject property is located near Sunset Junction and Virgil Village, L.A. hotspots like the Griffith Observatory & Hollywood sign, a few minutes from Downtown LA. FEATURES: 2 bedroom + 1 bathroom, structure 1,496 sqft., 7,500 Lot. Property needs a lot of upgrades. Buyer to verify all the information with the department of building & safety city of Los Angeles. Property is being sold "AS-IS" present and physical condition with no warranties express or implied. Buyer is aware that seller intends to perform a 1031 exchange, seller request buyer's cooperation in such an exchange at no cost to buyers.

Last Agent to Sell the Property

Giovanni Herrera

Citi Homes Realty, Inc. License #01131530 Listed on: 11/02/2020

Last Buyer's Agent

Giovanni Herrera

Citi Homes Realty, Inc. License #01131530 Listed on: 11/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,430

Year Built

  • Built in 1920

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Chain Link Fence
  • Property is zoned LAR3

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5427-009-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,430

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1496
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1920
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement
  • Flooring: Tile, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 995.99

Exterior Features

  • Other Structures: None
  • Fence: Chain Link
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Water Heater Unit
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5427-009-010
  • Lot Size Area: 7500

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 9, 2020
Sold by
Orellana Manuel and Orellana Marta
Bought by
Hyper La Llc
Seller's Agent
Giovanni Herrera
Citi Homes Realty, Inc.
Buyer's Agent
Giovanni Herrera
Citi Homes Realty, Inc.
List Price
$1,490,000
Sold Price
$1,420,000
Premium/Discount to List
-$70,000
-4.7%
Total Days on Market
1
Current Estimated Value
$1,722,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,213

Purchase Details

Closed on
Mar 5, 1997
Sold by
Arenas Armando D
Bought by
Orellana Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,796
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Arenas Armando D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
8.11%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Tang Allen Pu Chuan
Bought by
Federla Home Loan Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hyper La Llc $1,420,000 Stewart Title Of Ca Inc
Orellana Manuel $153,000 Commonwealth Land Title Co
Arenas Armando D $87,000 Commonwealth Land Title Co
Federla Home Loan Mtg Corp $171,952 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orellana Manuel $75,000
Previous Owner Orellana Manuel $168,000
Previous Owner Orellana Manuel $149,796
Previous Owner Arenas Armando D $87,000
Closed Arenas Armando D $23,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $1,420,000 -4.7% $949 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $1,490,000 -- $996 / 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 $18,430 $1,537,050 $1,229,641 $307,409
2024 $18,430 $1,506,913 $1,205,531 $301,382
2023 $18,071 $1,477,367 $1,181,894 $295,473
2022 $17,227 $1,448,400 $1,158,720 $289,680
2021 $17,022 $1,420,000 $1,136,000 $284,000
2020 $3,012 $223,363 $162,053 $61,310
2019 $2,903 $218,984 $158,876 $60,108
2018 $2,804 $214,691 $155,761 $58,930
2017 $0 $210,482 $152,707 $57,775
2016 $2,670 $206,356 $149,713 $56,643
2015 $2,633 $203,258 $147,465 $55,793
2014 $2,651 $199,278 $144,577 $54,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-654482

The MLS

APN: 5427-009-010