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1209 Hyperion Ave, Los Angeles, CA, 90029

4beds
4baths
2,945sqft
$1,129,000
$383price/sqft
$7,758/moest. monthly cost
$310,320/yrincome needed

About This Home

Charming Story Book Cottage sits in this Great Silver Lake location with Single Family Residential Homes all around the area. Quality properties like this come on the market so rarely as evident by the current Owners acquired this investment property in 1969 and held it in their portfolio ever since. The Property consists of four (4) large one (1) Bedroom one (1) Bath units. The upper units at 1209 and 1211 have some views off the back of the units. The property has off-street parking with one (1) parking spot for each unit and the potential for two (2) more off-street parking spots. The property features mature landscape with a large orange tree anchoring the front of the property producing exceptional oranges. All units are tenant occupied and property will be sold with existing tenants in place. No possibility of vacating any of the units as a condition of sale. Tenants pay Gas & Electric. Owner pays Water & Trash.

Getting Around

94
WalkingWalker's Paradise
59
TransitGood Transit
60
BikeBikeable

Schools

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 2,945
  • Total interior livable area: 2,945 sqft

Property

Details

  • Parcel number: 5429012022
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Peek-A-Boo

Lot

  • Lot size: 4,800 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 4
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,708$68,496
Home Insurance *$200$2,400
Property Taxes $1,219$14,628
Electricity $631$7,578
Total$7,758$93,096
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$265,988/yr
40% on housing$232,740/yr
45% on housing$206,880/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$383This listing

vs Other Active Listings

Avg $/sqft

ZIP 90029$480
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90029$751
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$1,129,000
2023-05-26Sold$10,000

For Sale by Agent

AgentRobert Schad
BrokerageKeller Williams R. E. Services

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