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823 Hyperion Ave Los Angeles, CA 90029

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Sponsored
For Sale
$1,350,000

LAND - Los Angeles, CA

Lot size:
0.17 Acres
Days on Market:
19
Last Refresh:
Mar 9 at 6:06 pm

Property Features for 823 Hyperion Ave

General Information

Special listing conditions
Standard
Property type
Land
Property subtype
Other
TransactionType
Standard
Standard status
Active
Zoning
LAR3
APN
5427-009-010
Lot size
0.17 Acres

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Listing Contact
Daniel Shamooelian

KELLER WILLIAMS BEVERLY HILLS REALTY (310) 432-6400

Listing agent Daniel Shamooelian (310) 432-6400 License #01984269

Listing date Feb 18, 2026

MLS# 26637415

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Silver Lake Development Opportunity

This vacant 7,500 square foot lot is located in Silver Lake, steps from Sunset Junction. The property is zoned R3 and is a TOC Tier 3 development opportunity. The site allows for the development of 9 units by right, or up to 21 units utilizing TOC Tier 3 incentives, plus potential ADUs. The lot dimensions are 50' x 150'. Key pre-development work has already been completed, including rough grading, survey, and soils report. There are no existing structures on the site. The property may also be well-suited for a 100% affordable ED1 project. The area benefits from strong rental demand, with nearby lease comps averaging approximately $3.50 per square foot. The location provides convenient access to Echo Park, Koreatown, and Downtown Los Angeles, and is just moments from the restaurants, cafes, entertainment, and shopping along Sunset Boulevard. The property is located in Los Angeles, CA.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.283641
Latitude
34.086514

FAQs

What type of property is this?
Residential land & home lot - Vacant 7,500 SF lot near Sunset Junction.
Where is this residential land & home lot located?
The property is located at 823 Hyperion Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Prime R3, TOC Tier 3 development opportunity in Silver Lake, steps from Sunset Junction.; - Potential to build up to 21 units utilizing TOC Tier 3 incentives, plus potential ADUs (buyer to verify).; - Vacant 7,500 SF lot with ideal 50' x 150' dimensions.
More about this property
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