James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
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CommercialFor Sale
$6,750,000
2829 Hyperion Avenue
Los Angeles, CA 90027
Listed by Oron Maher DRE#01299093 [email protected] Maher Commercial Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$34,942/mo

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.

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Information courtesy of Maher Commercial Realty is subject to verification and is not guaranteed.
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