1001 Hyperion Ave, Los Angeles, CA 90029

We are pleased to present for sale 1001 Hyperion Avenue, a 16-unit apartment building located just steps from vibrant Sunset Junction. As one of Los Angeles' most walkable neighborhoods, this submarket's popularity and rental demand has grown significantly over the years, with five artisanal coffee shops, headlined by popular chain Intelligentsia, in the immediate area. With developers such as CIM flocking to the area, it has become clear that the all-day foot traffic, desirability, and growth of the area is on an undeniable trajectory. Originally built in 1924, the building consists of twelve studio units and four one-bedroom/one-bathroom units, all separately metered for gas and electricity. The subject property is situated on a corner lot and has been well maintained over the years. The building offers partial on-site parking, on-site laundry, on-site office, and a large basement that can be used as storage space for tenants and an additional income stream.