Just listed in Silver Lake!
Aegis Management, Inc. is pleased to offer this unique development opportunity in one of Los Angeles’ most desirable neighborhoods to market for $2,000,000!
The subject property is located on Hyperion Street, one block west of Griffith Park Boulevard, just south of the Tracy Street / Hyperion Avenue “Y” Intersection, about three (3) blocks west of the actual Silver Lake Reservoir, within the Silver Lake community of Los Angeles. The 10,058 sq. foot-lot is zoned C2-1VL allowing by right a variety of uses including apartments as well as office, retail, warehouse and other commercial uses.
The existing site consists of a vacant office property, and a metal storage warehouse, both of which will be vacant at the close of escrow. One of the commercial spaces is currently leased to an auto upholstery tenant who pays $1,500 / month on a month to month tenancy. There is also a billboard lease o…