1248 Hyperion Ave

$1,049,000
Price
2
Beds
2
Baths
1,116 Sq. Ft.
$940 / Sq. Ft.
1,116
Sq. Ft.
$940
per Sq. Ft.

Description

Two classic storybook cottages in prime Silver Lake, just blocks from Sunset Junction. Built in 1924 and rich with character, 1248 & 1250 Hyperion feature beadboard ceilings, hardwood floors, and updated kitchens and baths that honor the homes' era. Westerly views sweep across the Griffith Park hills to the Observatory and Hollywood Sign. Each home enjoys its own two-car garage and an easy indoor-outdoor flow: the kitchens open to a generous, gated grassy backyard with room to dine, garden, and gather....Two classic storybook cottages in prime Silver Lake, just blocks from Sunset Junction. Built in 1924 and rich with character, 1248 & 1250 Hyperion feature beadboard ceilings, hardwood floors, and updated kitchens and baths that honor the homes' era. Westerly views sweep across the Griffith Park hills to the Observatory and Hollywood Sign. Each home enjoys its own two-car garage and an easy indoor-outdoor flow: the kitchens open to a generous, gated grassy backyard with room to dine, garden, and gather. Classic bathrooms feature timeless fixtures with tub/shower combos, while both updated kitchens offer ample storage. Approx. measurements: 1250 Hyperion ~468 sq ft; 1248 Hyperion ~648 sq ft (buyer to verify). A rare opportunity for an investor or end-user: live in one cottage and offset the mortgage with rental income from the other. Historic charm, everyday livability, and a "heart of Silver Lake" location, this is the duplex you've been waiting for.

Listing Agent

  1. Karen Lower

    Karen Lower

    Listing Agent

    Compass

    DRE #01296557

    karen.lower@compass.com

    P: (323)-804-8043

Property Details for 1248 Hyperion Avenue

Zoning
LARD1.5
Style
Cottage
Property Attached YN
false
Parcel Number
5429015019
Total Units
2.0
Living Area
1116
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
LISTING UPDATED: 08/25/2025 04:26 PM

Property Details for 1248 Hyperion Avenue

StatusActive
MLS #25582669
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.09 AC / 4,015 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Karen Lower, DRE #01296557
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Building Information for 1248 Hyperion Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.09 AC / 4,015 SF

Payment Calculator

$5,924 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,496

Property Taxes

$428

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1248 Hyperion Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • Security Features: Gated
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $64,200
  • Net Operating Income: $59,124.00
  • Gross Income: $64,200
  • Gross Rent Multiplier: $16.00
  • Actual Annual Gross Rent: $64,200.00
  • Garage Income: $1,800
  • Total Annual Expense: 10853
  • Water Expense: $3,060.00
  • Tax Expense: $5,777
  • Gardener Expense: $1,200
  • Insurance Expense: $816
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0922
  • Lot Size Square Feet: 4015
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood, Tile
  • Equipment: Dishwasher, Garbage Disposal, Refrigerator, Range/Oven
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-25-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,075.00
  • Unit Actual Rent: $3,075.00
  • Unit Projected Rent: $3,075.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $63,888.00
  • Assessed Improvement Percent: 13.84
  • Assessed Land Value: $397,571.00
  • Assessed Land Percent: 86.16
  • Assessed Total Value: $461,459.00

Property History for 1248 Hyperion Avenue

DateEvent & SourcePriceAppreciation
Aug 25, 2025

Listed (Active)

CRMLS #25582669

$1,049,000—
Aug 25, 2025

Listed (Active)

CLAW #25582669

$1,049,000—
Jan 8, 2013

Expired

CRMLS #P305154

$332,000—
Feb 16, 2003

Expired

CLAW #02-050171

$332,000—
Dec 16, 2002

Sold

CLAW #02-053889

$325,000—
Dec 13, 2002

Sold (Public Record)

Public Record #104270767

$325,000—
Oct 21, 2002

Pending

CLAW #02-053889

—
Oct 8, 2002

Listed (Active)

CLAW #02-053889

$329,000—
Sep 5, 2002

Expired

CLAW #P305154MR

—
Aug 16, 2002

Listed (Active)

CLAW #02-050171

$332,000—
Aug 12, 2002

Listed (Active)

CRMLS #P305154

$332,000—
Aug 12, 2002

Listed (Active)

CLAW #P305154MR

$332,000—
DateEvent & SourcePrice
08/25/2025

Listed (Active)

CRMLS #25582669

$1,049,000
08/25/2025

Listed (Active)

CLAW #25582669

$1,049,000
01/08/2013

Expired

CRMLS #P305154

$332,000
02/16/2003

Expired

CLAW #02-050171

$332,000
12/16/2002

Sold

CLAW #02-053889

$325,000
12/13/2002

Sold (Public Record)

Public Record #104270767

$325,000
10/21/2002

Pending

CLAW #02-053889

—
10/08/2002

Listed (Active)

CLAW #02-053889

$329,000
09/05/2002

Expired

CLAW #P305154MR

—
08/16/2002

Listed (Active)

CLAW #02-050171

$332,000
08/12/2002

Listed (Active)

CRMLS #P305154

$332,000
08/12/2002

Listed (Active)

CLAW #P305154MR

$332,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1248 Hyperion Avenue

Taxable ValueLand$363,531Additions$58,419Total$421,950
Tax Record2018$5,134 ($428 / month)
Home Facts
Beds4Total Finished SqFt1,116 SqFtAbove Grade Finished SqFt1,116 SqFtLot Size4,015 SqFtStyleDuplexYear Built1924ZoningLARD1.5CountyLOS ANGELESAPN5429015019

Schools near 1248 Hyperion Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1248 Hyperion Avenue is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on August 25, 2025 by Compass, it's currently listed at $1,049,000. It has been on the market for a total of 2 days and was last sold on December 16, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 1248 Hyperion Avenue is a 2-bed, 2-bath, 1,116 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Karen Lower, DRE #01296557

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.