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1042 Hyperion Avenue

1042 Hyperion Avenue, Los Angeles, CA 90029
Multifamily in Silver Lake
1042 Hyperion Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1912 and is 112 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 1042 Hyperion Avenue has 1,732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,348 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. The property was last sold in Sep 30, 2019 for $1,050,000. That's $606.24 per sqft. Prior to that sales transaction, the property was also sold in Jul 30, 2003 for $465,000. 1042 Hyperion Avenue was last assessed in 2023. The total value of the property was assessed at $1,103,735. Specifically, the land the property is located on was valued at $840,942. While improvements on the property were assessed at a total of $262,793. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,958. The initial tax year of delinquency was in 2019. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190412
04/12/2019
Studio
-
-
$1,190,000
bedrooms
Studio
bathrooms
-
$1,050,000 -11.76%
11/13/2019
Maria Olmos

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,348
  • Total Building Area: 1,732
  • Building Area: 1,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,732
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHILDS HEIGHTS
  • Land Acres: 0.169
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: CHILDS HEIGHTS LOT/SEC 9 BLK/DIV/TWN 9

Ownership

  • Current Owner : GAUTAM KUL CHANDRA
  • Current Owner 2: DHITAL BINATA GAUTAM
  • Previous Owner : RIPOLL ERWIN RAFAEL R
  • Previous Owner 2: RIPOLL JESSICA L
  • Owner Before Previous Owner: ALAMITOS PROPERTIES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 195901

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 35-A4
  • Parcel: 5427-014-008
  • Block: 9
  • Lot: 9
  • Municipality: EAST /LA SILVER LAKE
  • Latitude: 34.0908
  • Longitude: -118.28

    Address

  • Full Address: 1042 Hyperion Ave
  • Address - House Number: 1042
  • Address - Street Name: Hyperion
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C001
  • 4-Digit Zip Code: 3110
  • Zip Code: 90029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,958
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,531,932
  • High Value: 1,884,470
  • Low Value: 1,179,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $787,500
  • First Open Lien Mortgage Lender: UNITED NATIONS FCU
  • First Open Lien Mortgage Recording Date: Nov 13, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $787,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,103,735
  • Assessed Land Value: $840,942
  • Assessed Improvements Value: $262,793

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Nov 13, 2019
  • Current Sale Transaction ID: 11677778044
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1230488
  • Previous Sale Recording Date: Aug 04, 2003
  • Previous Sale Contract Date: Jul 30, 2003
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED NATIONS FCU
  • First Mortgage Transaction Date: Nov 13, 2019
  • First Mortgage Loan Amount: $787,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Aug 04, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

About East LA



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Frequently Asked Questions

What neighborhood is 1042 Hyperion Avenue located in?
The 1042 Hyperion Avenue is a multifamily located in the neighborhood of Silver Lake in East LA, Los Angeles.
What is the average sales price for listings in 1042 Hyperion Avenue?
The average sales price for units in 1042 Hyperion Avenue is $1,190,000 currently.

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