3365 Hamilton Way

3365 Hamilton Way

Los Angeles, CA 90026

$5,550,000
Price
15
Beds
15
Baths
10,172 Sq. Ft.
$546 / Sq. Ft.
10,172
Sq. Ft.
$546
per Sq. Ft.
unknown
an aerial view of residential houses with outdoor space
a view of a white building among the street and plants
a view of entryway with a front door
a view of an empty room and window
a utility room with sink dryer and washer
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a bathroom with a sink toilet and bathtub
an aerial view of multiple house
an aerial view of multiple house

Description

3356 Hamilton Way, Los Angeles, CA 90026 is a fifteen-unit apartment community located in the heart of Silver Lake. The property offers the next owner a unique opportunity to purchase an irreplaceable asset with the potential to be one of LA's premier bungalow communities. Built in the 1920s, 3365 Hamilton Way teems with original charm only seen in century-old vintage bungalow properties. The property is entered through a private gate and consists of nine separate structures sprawling across the...3356 Hamilton Way, Los Angeles, CA 90026 is a fifteen-unit apartment community located in the heart of Silver Lake. The property offers the next owner a unique opportunity to purchase an irreplaceable asset with the potential to be one of LA's premier bungalow communities. Built in the 1920s, 3365 Hamilton Way teems with original charm only seen in century-old vintage bungalow properties. The property is entered through a private gate and consists of nine separate structures sprawling across the Silver Lake hills. Each of the units is 1-bedroom / 1-bathroom and thoughtfully designed. Three units stand alone as individual homes, five are single-story bungalows, and the remaining eight are two-story, townhome-style units. Current ownership has seen to the top-to-bottom remodel of four units, featuring new designer bathrooms and kitchens, original wood flooring, in-unit laundry, and new chrome appliances. Many of the units also feature both tree-top and surrounding neighborhood views. Additionally, private gardens have been created for several units, along with completing voluntary soft-story retrofit of the garages. Those in the know know Silver Lake is one of the hottest rental destinations in Los Angeles. Located between the hotspots of Los Feliz and Echo Park, it offers down-to-earth cool with unbeatable access to the best areas in the city. This incredible community is the perfect home for creatives seeking to live within close proximity of the best local gems, such as Alfred Coffee, Silver Lake Ramen, The Virgil, and so much more. With a Walkscore of 93, tenants may ditch their car to explore Sunset on foot! With the opportunity to nearly triple existing income over the upcoming years, 3365 Hamilton is the perfect opportunity to acquire a once-in-a-lifetime asset in a one-of-a-kind location.
  1. Listed by Nick Astrupgaard • DRE #01893466 • Brokerage DRE #01458187 • KW Commercial Studio City
  2. Listed by Rich Johns • DRE #01432215 • Brokerage DRE #01458187 • KW Commercial Studio City

Property Details for 3365 Hamilton Way

Zoning
LARD1.5
Parcel Number
5425002013
Total Units
15.0
Living Area
10172
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
13.3
Lot Size Area
14689

Location

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215
Add your commute
LISTING UPDATED: 04/05/2024 01:42 PM

Property Details for 3365 Hamilton Way

StatusActive
MLS #24-366281
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.34 AC / 14,689 SF
CountyLos Angeles County

Location

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215
Add your commute

Building Information for 3365 Hamilton Way

Stories2Residences-Year Built1928Building Size-Lot Size0.34 AC / 14,689 SF

Payment Calculator

$34,182 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,289

Property Taxes

$3,893

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3365 Hamilton Way

Community / Development
Community / Development
  • Number Of Units: 15
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 9
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $376,291
  • Net Operating Income: $276,854.00
  • Gross Income: $376,291
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $14.70
  • Total Annual Expense: 99437
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3372
  • Lot Size Square Feet: 14689
Parking Details
Parking Details
  • Parking Garage: Garage
  • Total Parking: 8
  • Parking Features: Garage
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-07-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,002.00
  • Unit Actual Rent: $30,026.00
  • Unit Projected Rent: $54,500.00
  • Like Units: 15
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,366,531.00
  • Assessed Improvement Percent: 34.21
  • Assessed Land Value: $2,627,946.00
  • Assessed Land Percent: 65.79
  • Assessed Total Value: $3,994,477.00

Property History for 3365 Hamilton Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3365 Hamilton Way

Taxable ValueLand$2,525,900Additions$1,315,718Total$3,841,618
Tax Record2021$46,713 ($3,893 / month)
Home Facts
Total Finished SqFt10,172 SqFtAbove Grade Finished SqFt10,172 SqFtLot Size14,702 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLARD1.5CountyLOS ANGELESAPN5425-002-013

Schools near 3365 Hamilton Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Micheltorena Street Elementary School
Public - K to 5
Thomas Starr King Middle School
Public - 6 to 8
John Marshall Senior High School
Public - 9 to 12
Lexington Avenue Primary Center
Public - K to 2
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3365 Hamilton Way, Los Angeles, CA 90026

3365 Hamilton Way is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on March 7, 2024 by KW Commercial Studio City, it's currently listed at $5,550,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 3365 Hamilton Way is a 15-bed, 15-bath, 10,172 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard, DRE #01893466; KW Commercial Studio City, Rich Johns, DRE #01432215

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.