| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 77th | Good |
| Demographics | 94th | Best |
| Amenities | 72nd | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2449 Hyperion Ave, Los Angeles, CA, 90027, US |
| Region / Metro | Los Angeles |
| Year of Construction | 1975 |
| Units | 25 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2449 Hyperion Ave Los Angeles Multifamily Investment
This 25-unit property in Silver Lake offers exposure to one of LA's most educated neighborhoods, with 61% renter-occupied units supporting sustained rental demand. Neighborhood-level occupancy at 92.5% reflects market stability, according to WDSuite's CRE market data.
The Silver Lake area ranks among the top quartile of Los Angeles metro neighborhoods for demographics, driven by an exceptionally educated population where 49.3% of residents hold bachelor's degrees or higher. This positions the neighborhood in the 100th national percentile for educational attainment. Within a 3-mile radius, the area maintains a strong renter concentration at 81.2% of housing units, providing a deep tenant base for multifamily properties.
Built in 1975, this property predates the neighborhood's average construction year of 1940, suggesting potential value-add opportunities through strategic renovations. Median home values of $1.47 million create substantial barriers to ownership, with a value-to-income ratio placing the area in the 98th national percentile nationally. These elevated ownership costs sustain rental demand and support tenant retention for multifamily operators.
The neighborhood demonstrates solid rental fundamentals with median contract rents at $1,902 and occupancy rates of 92.5%. Demographic projections within the 3-mile radius show household growth of 28.2% through 2028, expanding the potential tenant pool despite modest population decline. The area's amenity infrastructure includes strong childcare and pharmacy density, ranking in the 86th and 96th national percentiles respectively, supporting family retention and walkability.
The neighborhood ranks 171st out of 1,441 Los Angeles metro neighborhoods for overall crime, placing it in the 82nd national percentile for safety. Violent crime rates are particularly low, with the area ranking in the top 15 neighborhoods metro-wide and achieving the 88th national percentile for violent offense rates.
Recent crime trends show improvement, with property offense rates declining 74.4% year-over-year and violent offense rates dropping 97.3%. These positive safety trends support tenant retention and can contribute to stable occupancy levels for multifamily operators in the submarket.
The property benefits from proximity to major corporate anchors across entertainment, technology, and professional services sectors, supporting workforce housing demand from high-income professionals.
- Microsoft — technology offices (3.7 miles)
- CBRE Group — commercial real estate services (3.8 miles) — HQ
- Avery Dennison — materials science (3.8 miles) — HQ
- Reliance Steel & Aluminum — metals distribution (3.8 miles) — HQ
- Disney — entertainment (4.7 miles) — HQ
This Silver Lake property offers exposure to Los Angeles' most educated submarket, where exceptional demographics and high ownership barriers create sustained rental demand. The neighborhood's 61% renter-occupied housing stock and 92.5% occupancy rate demonstrate market stability, while proximity to major corporate headquarters supports professional tenant retention.
Built in 1975, the property's vintage suggests value-add potential through strategic improvements in a market where median home values exceed $1.4 million. Projected household growth of 28.2% within the 3-mile radius through 2028 supports long-term rental demand, according to CRE market data from WDSuite.
- Top quartile demographics with 49.3% bachelor's degree attainment supporting premium rental demand
- Strong occupancy fundamentals at 92.5% neighborhood-level with 61% renter-occupied housing units
- Proximity to major corporate anchors including Disney, Microsoft, and CBRE Group headquarters
- Value-add opportunity through renovations given 1975 construction in high-barrier ownership market
- Risk consideration: Modest population decline offset by household formation trends and sustained rental demand