816 Hyperion Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 5 bed, 3 bath

816 Hyperion Avenue
Los Angeles, California 90029
Property Price
SUMMARY
Analysis of 816 Hyperion Avenue, Los Angeles, California 90029 reveals a Fairly Priced Property with a current list price of $1,899,900 aligned with the estimated $1,864,428 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 816 Hyperion Avenue Subject | $1,899,900* List Price | 5 | 3 | 2,743 | $680 | - |
A 922 N Edgemont Street Sold | $1,575,000 | 4 | 3 | 2,662 | $592 | 0.7 mi |
B 1216 N Virgil Avenue Active | $1,475,000 List Price | 4 | 4 | 1,826 | $808 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1939, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and primary bathroom. The kitchen features modern teal cabinetry, white solid-surface countertops, stainless steel appliances, and contemporary lighting. The primary bathroom is spa-inspired with a large glass-enclosed shower, separate soaking tub, modern tiling, and a stylish double vanity. Throughout the home, there are updated hardwood floors, recessed lighting, modern light fixtures, and fresh paint, indicating a comprehensive renovation within the last 5 years. The property is move-in ready with virtually new components meeting current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Walkability
Situated in the heart of Silver Lake, a vibrant creative district, offering excellent walkability to Sunset Junction, cafes, boutiques, and restaurants, with quick access to Hollywood, Downtown LA, and major entertainment hubs.
- Flexible Floor Plan & Income Potential
The versatile layout accommodates creative living, multi-generational arrangements, or studio work, with a lower level featuring a private entrance ideal for guest suites, workspaces, or potential rental income.
- Development & Investment Potential
Zoned LARD2, the property offers future development potential, positioning it for long-term value appreciation and increasing global demand in a highly sought-after Los Angeles market.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1939, while well-maintained, an older home may present potential for unforeseen maintenance or system upgrades (e.g., plumbing, electrical, HVAC) not explicitly detailed in the description.
- Urban Environment Drawbacks
Being in a vibrant, central urban district like Silver Lake can mean higher levels of street noise and traffic congestion, which may not appeal to buyers seeking a quieter residential setting.
- Uncertainty of Rental Income
The mention of 'local regulations apply' for the lower-level rental income potential suggests that realizing this income stream may not be straightforward and could involve additional time, cost, or compliance hurdles.
About 816 Hyperion Avenue
Located in the heart of Silver Lake, one of Los Angeles' most vibrant creative districts, this beautifully maintained Spanish residence offers charm and timeless character, inspiring Hollywood Sign views, and a flexible floor plan ideal for creative living, multi-generational arrangements, or private studio work. The main level features a bright living area with French doors to a large balcony, a sun-filled primary suite with custom closets and a spa-inspired bathroom, plus two additional bedrooms on the same floor. A second en-suite bedroom opens directly to the patio and lush fruit garden, and a private lounge area, creating a perfect setting for indoor-outdoor living and entertaining. The lower level includes two more bedrooms with a private entrance, perfect for use as a recording/production studio, workspace, guest suite, or rental income (local regulations apply). The home also includes a large two-car garage with EV charging and is zoned LARD2, offering future development potential. Just a short walk to Sunset Junction, cafes, boutiques, restaurants, and creative studios, and minutes to Hollywood, Griffith Observatory, Downtown LA, major film/entertainment hubs, and upcoming Olympic venues, this residence is uniquely positioned for long-term value and increasing global demand.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 6,828 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,743 | 1,587 | 87% |
| Lot Size | 6,828 | 5,596 | 87% |
| Price | $1.90M | $1.16M | 87% |
| Price per sq ft | $693 | $704 | 47% |
| Built year | 1939 | 1918 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 171 | 13% |
Pricing History
Listed for Sale
Jan 14, 2026
$1,899,900
Initial Listing
Sold
Dec 23, 2015
$1,207,000
Public Record
Sold
Aug 25, 2009
$769,000
Public Record
Sold
Nov 14, 2002
$460,000
Public Record










































