$ 7,400,000
-
$7,400,000
Price -
10
Bed -
12
Bath -
7,668
SqFt -
0.13
Acre
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About the Listing SB1310620 - SBSAMICAM,SBBALDCHR
1262, 1262½ & 1264 Hyperion Ave is a rare Silver Lake offering: three individual brand-new (2024) homes, each a separate house on its own parcel, offered together at $7,400,000, with the flexibility to acquire parcels individually. The offering comprises (2) 3-bedroom/4-bath homes and (1) 4-bedroom/4-bath home, 2,062 to 3,054 SF each, built with premium materials throughout (floor-to-ceiling windows, high-end finishes, no detail spared) with views of the Hollywood Sign and 9 on-site parking spaces. All three homes currently operate as Airbnb short-term rentals, with scheduled income of $61,679 per month ($740,148 annually), a 5.50% cap rate and 10.00 GRM at the asking price. The separate-parcel structure gives a buyer options no conventional triplex can: live in one home and rent the other two, hold all three as a cash-flowing short- or long-term rental portfolio, or sell parcels individually over time. Positioned on the Hyperion corridor amid Silver Lake's dining and nightlife, the eastside's answer to Abbot Kinney, this is a turnkey, design-led income asset with a built-in exit strategy.
Listing Highlights for 1262 Hyperion
Interior Details
- Bedrooms: 10
- Bathrooms: 12 Full
- Appliances:
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5429015034
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
1262 Hyperion Los Angeles, CA 90029
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