Elevated Living in Silver Lake
On the crest of Hyperion Avenue, just blocks from Silverlake’s Sunset Junction, sits a tranquil Spanish fourplex of 2 bedroom and 1 bathroom historic homes, and sweeping views from the westside skyline to the Griffith Observatory and the Hollywood Hills. This 1920s Spanish gem is reimagined with a reverence to historic preservation as well as a nod to modern living. Central to the design and renovation philosophy was highlighting the historic 1920s character of the building’s original elements. New architectural designs were introduced to complement the existing character and create a cohesive living space for the modern home. These carefully curated homes are illuminated by beautiful natural light from large original 1920s-era windows that embrace the elevated landscaped terraces in the front and back. The greenery and mature trees reflect the heritage and historic character of this community. The interiors were carefully designed with a curated selection of fixtures and a neutral material palette to provide for a wide range of design expressions and individualization. Honed marble countertops and backsplashes with custom built shelving tops; commercial grade italian ranges to inspire the culinary spirit and impromptu dinner parties; hand-crafted ceramic wall sconces throughout the home for a softer, indirect evening; refurbished original oak flooring bleached for a neutral color palette; and plentiful storage afford space to create and entertain.
852-854 1/2 HYPERION AVE HOA, SILVER LAKE
A 4-UNIT TIC COMMUNITY | ALL UNITS AVAILABLE SUMMER 2020
852 Hyperion Ave.
- $795,000 list price
- 2 bed 1 bath
- 980 square feet
- HOA DUES $250
- Lower unit with private yard
- 1 garage parking space
852 1/2 Hyperion Ave.
- $795,000 list price
- 2 bed 1 bath
- 1102 square feet
- HOA DUES: $250
- Upper unit with views
- 1 garage parking space
854 Hyperion Ave.
- $795,000 list price
- 2 bed 1 bath plus bonus room
- 980 square feet
- HOA DUES $250
- Lower unit with private yard
- 1 garage parking space
854 1/2 Hyperion Ave.
- $795,000 list price
- 2 bed 1 bath plus bonus room
- 1102 square feet
- HOA DUES $250
- Upper unit with views
- 1 garage parking space
Building & Site Features
- Honed Carrara marble slab counters and backsplash
- Custom integral stone shelf
- New electrical systems and panels (100 AMP unit panel)
- Dimmable recessed LED lighting fixtures
- Hand-crafted ceramic ceiling wall sconces with dimmable LED bulbs
- Original refinished solid oak flooring
- 1920s era original windows
- Oil-rubbed bronze hardware throughout
- Custom built shaker-style kitchen cabinets with open bookshelf
- Office nook adjacent to living rooms (upper level residences only)
- Additional 3rd walk-in closet and storage cabinets (garden level residences only)
- Original solid douglas fir stair treads
- Mature olive trees at garden level
- Landscaped outdoor yards
- City & mountain Views
Appliances & Other Fixtures
- Fisher & Paykel stainless steel refrigerator
- Bertazzoni Master Series Range
- BOSCH integrated dishwasher with custom matching cabinet face and pull
- 10” deep fireclay single bowl kitchen undermount sink
- Professional style satin nickel kitchen faucet
- Kohler basin bathroom sink
- Matte black wall-mounted bathroom faucet
- TOTO Drake II Elongated toiled with soft-close seats
- Phylrich pressure balance tub and shower valve
All units in the complex are being offered for sale for the first time:
- 852 Hyperion || The Garden Level Residence || List Price $795,000
- 852 1/2 Hyperion || The Upper Level Residence || List Price $795,000
- 854 Hyperion || The Garden Level Residence || List Price $795,000
- 854 1/2 Hyperion || The Upper Level Residence || List Price $795,000
852-854 1/2 Hyperion Avenue HOA FAQ
- There are 4 units total in this community
- HOA dues cover water, insurance, gardening, and finance management
- Owner pays for their unit gas and electric (each unit is individually metered for gas and electric)
- Insurance covers the entire property, including walls-in
- Pets are allowed
- No rental restrictions apply, other than standard city rent control (RSO)
- No permission needed to sell your unit
- With TIC you have similar usage and renovation rights as a condo owner
- This is a new TIC community
TIC sale with financing available – with as little as 10% down thru Sterling Bank, Henry Jeanes, hjeanes@sterlingbank.com.
ABOUT THE RENTAL GIRL & HOW WE GOT INVOLVED WITH TENANTS IN COMMON (TIC):
- Read more about TIC ownership HERE
- Download a copy of our TIC Field GuideHERE
- View all our current TIC offerings HERE
- The Rental Girl + TIC + Our Story HERE
- Visit Andy Sirkin’s website for more research on TIC sales HERE
(Andy is the TIC attorney who pioneered TIC sales in the early 80’s in San Francisco. His website has a wealth of info on TIC ownership). - View TRG + TIC in the News, for Press & Media go HERE
- If you are a buyer or investor interested in purchasing or developing a TIC, contact an experienced TIC Realtor® on our team.
Elizabeth McDonald, Broker & TIC Co-Lead
liz@therentalgirl.com
The Rental Girl
323-313-5780 / Cell
BRE Lic #: 01449897
The Rental Girl (therentalgirl.com) is a full service Real Estate brokerage specializing in residential leasing and sales. We have been serving renters and landlords since 2004. We work with thousands of Los Angeles renters each year, and many of these renters are qualified to buy, but can’t afford or find a home in a neighborhood they want to live. In 2016, a client of ours introduced us to TIC ownership and we saw immediately how many renters and entry level buyers in LA could benefit from a TIC market here. We met with Sterling Bank, who was working actively to pioneer a TIC market in LA, and other San Francisco vendors. And so began our research on TICs. Since then, we have helped bring many TIC units to the market, and we have many new TIC communities coming soon. With every new TIC building that hits the market, more renters, landlords and realtors are discovering TIC sales and the TIC movement is growing rapidly. We love to share our accumulated knowledge, and support our real estate colleagues, landlords and renters and the TIC community.
