NOT LISTED FOR SALE

848 Hyperion Ave Los Angeles, CA 90029

Silver Lake Neighborhood

Estimated Value: $1,265,000 - $1,964,817

4 Beds
2 Baths
2,217 Sq Ft
$775/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $1,475,000 $665 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,522/month

18 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • Shed
  • John Marshall Senior High Rated A
  • Tandem Parking
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Perfect Owner-User Opportunity! This Duplex is just a few steps from trendy Sunset Junction in Silverlake. For Investors, an outstanding CAP 4.48 & GRM 15.78! Featuring upper and lower units both 2BD+1BA with functional floor plans. Each unit is approximately 1,109 sf. Lower unit is paying $3,300 per month and is current with rents. 2 car covered garage and 2 uncovered tandem spaces in driveway. Bursting with character and boasting lush garden-like settings in both the front and back yard. Upper unit features central AC/Heating and Lower unit features updated kitchen and bathroom. Upper unit to be delivered vacant at close of escrow. Drive by only due to Covid, please write offers subject to interior inspection. Seller will require 30 day lease back for upper unit after close of escrow.

Last Agent to Sell the Property

David Ruest

Keller Williams Realty Los Feliz License #02045144 Listed on: 03/13/2021

Keller Williams Realty Los Feliz

Co-Listed By

Johnny and David Team

Keller Williams Realty Los Feliz License #01394690

Last Buyer's Agent

Esmeralda Castaneda

Coldwell Banker Realty License #01302759

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,511

Interior Spaces

  • 2,217 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Tandem Parking

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Shed
  • 7,511 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5427-012-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2217
  • Lot Acreage: 0.1724
  • Stories: 2
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 563.37

Exterior Features

  • Other Structures: Shed(s)

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached, Covered Parking, Tandem
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central, Wall/Window
  • Heating: Central, Forced Air

Lot Info

  • Assessed Improvement Percent: 24.44
  • Assessed Improvement Value: 137265
  • Assessed Land Percent: 75.56
  • Assessed Land Value: 424290
  • Total Assessed Value: 561555
  • Assessor Parcel Number: 5427-012-022
  • Lot Size Area: 7511

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.78
  • Number Of Units: 2
  • Type Of Units: 2+1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2023
Sold by
Keaney Sophie Anne and Keaney Patricia Lynn
Bought by
Zemel Keaney Family Trust
Current Estimated Value
$1,717,454

Purchase Details

Closed on
Jul 23, 2013
Sold by
Johnson Corinne Christine
Bought by
Johnson Corinne Christine and The Corinne Christine Johnson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2012
Sold by
Johnson Corrine Christine
Bought by
Johnson Corinne Christine and The Corrine Christine Johnson Trust

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
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Johnson Lorinne Christine
Bought by
Johnson Corinne Christine and The Corinne Christine Johnson Trust

Purchase Details

Closed on
Jun 30, 1999
Sold by
Ilog Constantino C
Bought by
Wmc Mtg Corp

Purchase Details

Closed on
Jun 9, 1998
Sold by
Ilog Jose Rudy
Bought by
Ilog Constantino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
9.99%

Purchase Details

Closed on
Feb 16, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ilog Jose Rudy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
8.25%

Purchase Details

Closed on
Nov 17, 1995
Sold by
Goode James V
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Nov 13, 1995
Sold by
Nationsbanc Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zemel Keaney Family Trust -- Fidelity National Title
Johnson Corinne Christine -- Accommodation
Johnson Corinne Christine -- Lawyers Title
Johnson Corinne Christine -- Lsi Title Company
Johnson Corinne Christine -- Lsi Title Company
Johnson Corinne Christine -- --
Wmc Mtg Corp $239,481 --
Ilog Constantino $265,454 Gateway Title
Ilog Jose Rudy C $217,272 First American Title Co
Nationsbanc Mtg Corp $139,000 Stewart Title
Federal Home Loan Mortgage Corporation -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Corinne Christine $347,000
Previous Owner Johnson Corinne Christine $355,000
Previous Owner Ilog Constantino $238,500
Previous Owner Ilog Jose Rudy C $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2021 05/04/21 Sold $1,475,000 0.0% $665 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/25/2021 03/25/21 Off Market $1,475,000 -- --
03/13/2021 03/13/21 For Sale $1,249,000 0.0% $563 / Sq Ft
06/27/2019 06/27/19 Rented $3,300 0.0% --
06/19/2019 06/19/19 Price Changed $3,300 -5.7% $3 / Sq Ft
06/01/2019 06/01/19 For Rent $3,500 -- --
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 $19,252 $1,596,585 $1,163,613 $432,972
2024 $19,036 $1,565,281 $1,140,798 $424,483
2023 $18,663 $1,534,590 $1,118,430 $416,160
2022 $17,788 $1,504,500 $1,096,500 $408,000
2021 $7,311 $602,097 $454,922 $147,175
2020 $7,382 $595,924 $450,258 $145,666
2019 $7,092 $584,240 $441,430 $142,810
2018 $7,054 $572,785 $432,775 $140,010
2017 $6,899 $561,555 $424,290 $137,265
2016 $6,728 $550,545 $415,971 $134,574
2015 $6,630 $542,276 $409,723 $132,553
2014 $6,660 $531,655 $401,698 $129,957
Source: Public Records

Agents Affiliated with this Home

  • David Ruest

    Seller's Agent in 2021

    David Ruest

    Keller Williams Realty Los Feliz

    (310) 595-4436

    1 in this area

    58 Total Sales

    David Ruest
    Section Image
  • Johnny and David Team

    Seller Co-Listing Agent in 2021

    Johnny and David Team

    Keller Williams Realty Los Feliz

    (213) 819-1043

    1 in this area

    69 Total Sales

    Johnny and David Team
    Section Image
  • Esmeralda Castaneda

    Buyer's Agent in 2021

    Esmeralda Castaneda

    Coldwell Banker Realty

    (323) 273-4515

    1 in this area

    18 Total Sales

    Esmeralda Castaneda
    Section Image

  • R

    Seller's Agent in 2019

    Robert Bilheimer

    Engel & Völkers Pasadena

    (626) 628-4870

    3 Total Sales

    Robert Bilheimer
    Section Image
  • Taylor Kogler

    Buyer's Agent in 2019

    Taylor Kogler

    Nourmand & Associates-BW

    (818) 232-1902

    2 in this area

    48 Total Sales

    Taylor Kogler
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-696780

The MLS

APN: 5427-012-022

California Los Angeles County Los Angeles 90026 Silver Lake

848 Hyperion Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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