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

816 Hyperion Avenue, Los Angeles, California 90029 home-pic-0
ACTIVE$1,995,000
816 Hyperion Avenue, Los Angeles, California 90029
5Beds
3Baths
2,743Sqft
6,828Lot
Year Built
1939
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$727
HOA
-
Days on market
-
Sold On
-
MLS number
25595465
Home ConditionGood
Features
Good View: City Lights, Hills, Mountain(s)
Deck
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.00M(90th), sqft - 2743(90th), beds - 5(86th), baths - 3(62th).

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.

Price History

Date
Event
Price
09/17/25
Listing
$1,995,000
12/23/15
Sold
$1,207,000
08/25/09
Sold
$769,000
11/14/02
Sold
$460,000
Condition Rating
Good

Built in 1939, this property has clearly undergone significant renovations, making it move-in ready. The images reveal updated hardwood flooring, modern light fixtures, and a kitchen with distinct teal cabinetry and light countertops that appear well-maintained, though the style might not be brand new. The description mentions a 'spa-inspired bathroom' and 'modern conveniences' like EV charging, indicating substantial updates. While not a brand-new build or a full renovation within the last 5 years, the property is in excellent condition for its age, with systems appearing well-maintained and minimal wear and tear, aligning with a 'Good' rating.
Pros & Cons

Pros

Prime Location & Walkability: Situated in the highly sought-after Silver Lake district, offering excellent walkability to Sunset Junction, cafes, boutiques, restaurants, and creative studios, with quick access to major LA hubs and upcoming Olympic venues.
Flexible Floor Plan & Income Potential: The versatile layout accommodates creative living, multi-generational arrangements, or private studio work, with a separate lower level ideal for a guest suite or potential rental income (subject to local regulations).
Development Potential: Zoned LARD2, the property offers significant future development potential, enhancing its long-term value and investment appeal.
Desirable Views: The residence boasts inspiring Hollywood Sign views, complemented by panoramic city lights, hills, and mountain vistas.
Charming & Well-Maintained: A beautifully maintained Spanish residence from 1939, retaining its timeless character while featuring modern conveniences like a large two-car garage with EV charging and a lush fruit garden.

Cons

Age of Property: Built in 1939, while described as well-maintained, older properties can incur higher maintenance costs or require updates to core systems (e.g., plumbing, electrical, HVAC) that are not explicitly detailed as upgraded.
Potential for Noise: Its location in a 'vibrant creative district' and 'short walk to Sunset Junction' suggests proximity to commercial activity and nightlife, which could lead to increased ambient noise levels.
Listing Price vs. Estimation: The current listing price is 6% above the property's estimated value, which may suggest it is priced slightly high relative to current market valuations.

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