After an extensive and creative marketing campaign, 2829- 2843 Hyperion Avenue successfully closed escrow following a highly competitive sales process. The ±17,246-square-foot lot with ±9,884 square feet of existing improvements represented both a challenge and an opportunity. Our team strategically positioned the site as being shadow-anchored by Trader Joe’s and Gelson’s, tapping into the appeal of Silver Lake’s walkable lifestyle and proximity to elite retail.
We leveraged our deep experience selling environmentally impacted properties to overcome contamination hurdles and simultaneously marketed the asset for lease to generate additional interest and collect LOIs, creating leverage and optionality during the sale process. Despite the property being 50% vacant, we executed a compelling narrative that maximized its value.
Further complicating the deal was a court-ordered sale involving multiple seller interests. Through a thoughtful and disciplined approach, we navigated these complexities, ran a competitive marketing process, generated multiple qualified offers, and ultimately guided our client to a successful closing.
Situated at the highly visible, signalized corner of Hyperion Avenue and Rowena Avenue, this prime commercial property is in one of Los Angeles’ most sought-after neighborhoods. Just one block from Trader Joe’s and Gelson’s Silver Lake, the location offers unbeatable convenience and foot traffic, attracting strong demand from both businesses and residents. Surrounded by some of the city’s top dining and retail, including Starbucks, 7-Eleven, What The Fish, Juice Crafters, Speranza, and Hyperion Public, the property is positioned in a thriving commercial corridor. With close proximity to the 5 Freeway, it provides seamless access to Silver Lake, Los Feliz, Koreatown, Downtown LA, and the San Fernando Valley, making it an ideal destination for businesses seeking visibility, accessibility, and a vibrant community atmosphere.
At Maher Commercial Realty, we offer expert guidance in selling retail properties to achieve the highest possible price. Our in-depth analysis covers key factors such as zoning, neighborhood dynamics, and local incentives, ensuring we maximize the value of each property. We also provide specialized support with environmental considerations, helping to successfully market even the most complex retail sites. With an extensive network of buyers and a distinctive, results-driven marketing approach, we consistently deliver outstanding outcomes—no matter the challenges posed by zoning or environmental factors.
For more information on upcoming land and development opportunities, or for expert representation in your next acquisition, please contact Maher Commercial Realty.
