Listing provided courtesy of Oron Maher of Maher Commercial Realty. Last updated 2024-12-03 09:33:19.000000. Listing information © 2024 CRMLS.
Asking Price: $6,750,000
2829 Hyperion, Los Angeles CA 90027
Community: 637 - Los Feliz
Status: Active
This property was built in 1986 and is priced at $6,750,000. Please see the additional details below.
This signalized corner retail center presents an investor a unique opportunity to add-value to one of the hippest corners in Silver Lake, surrounded by major grocery tenants, restaurants, bars, and high walking traffic count. The subject building is +/- 10,340 square feet (per CoStar) and situated on a +/- 17,000 square foot parcel of land. The center is currently 50% vacant with the remaining tenant leases expiring in 2025 through 2026, adding significant value-add potential. The center is anchored by Pink Berry, and also includes a popular coffee shop, and veterinary clinic, and a pet store. Excellent opportunity to add additional food, entertainment, fitness, or other uses that will play to the strong retail demand and demographics of this neighborhood. Due to a covenant recorded against the title, this property is not a candidate for residential development at this time.