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Six-Unit Apartment Building
For Sale
$2,250,000

832 Hyperion Ave, Los Angeles, CA 90029

Duplex-style buildings offer private outdoor areas, updated interiors, and a residential setting near Sunset Boulevard.

Property Size4,785 SF
Lot Size0.18 Acres
Price / SF$470.22
Days on Market24

Property Features for 832 Hyperion Ave

General Information

Standard status Active
Size 4,785 SF
Total Parking Spaces 4
Lot size 0.18 Acres
Property subtype MULTI_FAMILY
Zoning LARD2

Units

Unit Mix 4 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

on-site laundry
basement storage
private yards/patios

Building Details

Building Size 4,785 SF
Year Built 1924
Buildings 3
Construction California Spanish bungalow
Listing Agency: KW Commercial Studio City
Listed By: Nick Astrupgaard · License #01893466
Source: Milsteinestates
Added: Aug 6 Changed: Aug 29 Last Checked: Aug 29 at 6:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Studio City

Investment Insights

Based on property information with market context.

This six-unit apartment property comprises three duplex-style buildings on a 7,643-square-foot LARD2-zoned parcel. The approximately 4,785-square-foot property includes four two-bedroom, one-bathroom residences and two one-bedroom, one-bathroom residences. Five apartments have been remodeled within the past five years with updated kitchens, stainless steel appliances, modern cabinetry, renovated bathrooms, and hardwood flooring. Five residences include private yards or patios, while several offer hillside and city views.

Capital improvements include a new roof completed in 2024, exterior stair and deck upgrades, foundation work, mini-split HVAC, and newer water heaters. The property also provides on-site laundry, four off-street parking spaces, basement storage, and separate gas and electric metering. Located just south of Sunset Boulevard, the property is near Sunset Junction, the Silver Lake Reservoir, Virgil Village, and neighborhood restaurants, cafes, boutiques, nightlife, and entertainment.

Key Highlights

  • Six units across three duplex‑style buildings
  • 7,643‑square‑foot LARD2‑zoned parcel with approximately 4,785 square feet of improvements
  • Unit mix includes four two‑bedroom residences and two one‑bedroom residences

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency Computer & Electronic Repair Locksmith Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Duplex-style buildings offer private outdoor areas, updated interiors, and a residential setting near Sunset Boulevard.
Where is this apartment building located?
The property is located at 832 Hyperion Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Six units across three duplex‑style buildings; 7,643‑square‑foot LARD2‑zoned parcel with approximately 4,785 square feet of improvements; Unit mix includes four two‑bedroom residences and two one‑bedroom residences
More about this property
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