Updated Oct 28, 2024
Hyperion Trust Sells Multifamily Property In Silver Lake For $3.9M
1001 Hyperion Avenue, Silver Lake, Los Angeles, CA, USA
$3,935,000
$446/SF
Building Size
8,808 SF
Asset Type
MultiFamily
Closing
Oct 28, 2021
About this deal
AI
The multifamily property located at 1001 Hyperion Avenue in Silver Lake has been sold in a recent transaction. The property consists of 16 units, with a total square footage of 8,808. The sale price for the property was $3,935,000, resulting in a price per unit of $245,937 and a price per square foot of $446.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,935,000
- Units: 16
- Price per Unit: $245,937
- Square Footage: 8,808
- Price per Square Foot: $446
- Address: 1001 Hyperion Avenue
- Market: Silver Lake
The seller of the property was Hyperion Trust, represented by Jaime Beleg. The transaction was facilitated by broker Jason Tuvia from Marcus & Millichap.
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jason Tuvia to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.03%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93