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  • DESCRIPTION

    We are proud to present 1026-1036 Sanborn Ave & 1037 Hyperion Ave, a 67-unit apartment community consisting of 4 contiguous, 1920s charming Spanish-style buildings in the hippest neighborhood in Los Angeles-Silver Lake. The unit mix consists of 59 Singles and 8 (1+1). Approximately 20% of the current residents are legacy tenants who were inherited by the current ownership. Most of the units have been renovated at different times throughout the current ownership's tenure, which spans over a decade. This portfolio presents a unique opportunity to own a well-managed, high-yielding, trophy asset with pristine grounds and true value-add aspects in one of the hottest sub-market in Los Angeles. 1026 Sanborn Ave (APN: 5427-007-025)--17-units 1030 Sanborn Ave (APN: 5427-007-024)--18-units 1036 Sanborn Ave (APN: 5427-007-023)--16-units1037 Hyperion Ave (APN: 5427-007-009)--16 units

    KEY DETAILS
    • Price:
    • $20,500,000
    • Bedrooms:
    • 3
    • Full Baths:
    • 0
    • Square Footage:
    • 36,900
    • Acreage:
    • 0.60
    • Year Built:
    • 1928
    • MLS #:
    • 18362086
    • Street Address:
    • 1026 Sanborn Ave Ave
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90029
    • County:
    • Los Angeles
    • Area:
    • Silver Lake
    • Listing Status:
    • For Sale - Pending

    Building

    • Building Floors:
    • 2
    • Construction Description:
    • Stucco
    • Construction Description:
    • Frame And Stucco
    • Flooring:
    • Hardwood
    • Number Of Units:
    • 67
    • Square Footage Source:
    • Appraiser
    • Style:
    • Spanish
    • Total # Of Buildings:
    • 4
    • Total Building Square Footage:
    • 36900
    • Unit4 Bedrooms:
    • 1
    • Unit5 Bedrooms:
    • 1
    • Unit6 Bedrooms:
    • 1
    • Year Built:
    • 1928

    Business

    • Adjusted Gross Income:
    • 1256301.00
    • Net Operating Income:
    • 797462.00

    Land

    • Approximate Lot Size Range Source:
    • Appraiser
    • Conforms To Zoning:
    • Lar3-Ivl
    • Lot Square Footage:
    • 25983

    Listing

    • Days On Market:
    • 106

    Money

    • Price Per Square Foot:
    • 555.56

    Rooms

    • Kitchen:
    • Granite Counters, Tile Counters
    • Kitchen Appliances:
    • Range

    Systems

    • Appliances:
    • Freezer, Refrigerator
    • Cooling System:
    • Air Conditioning, Wall Or Window Units
    • Heating:
    • Wall Heater

    Source

    • Listing Provided By Matthew R. Kanner of Keller Williams Realty Los Feliz (DRE#: 01349203)

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