3365 Hamilton Way, Los Angeles, CA 90026
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3365 Hamilton Way Los Angeles, CA 90026

$5,550,000
  • 15 Beds
  • 15 Baths
  • 10,172 Sq.Ft.
For Sale
$5,550,000 Get Pre-Qualified

Map preview of 3365 Hamilton Way, Los Angeles, CA 90026

Property Overview: 3365 Hamilton Way Los Angeles, CA has 15 bedrooms, 15 bathrooms, 10,172 living square feet and 14,689 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Nick Astrupgaard | BRE #01893466 | KW Commercial Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 53 seconds ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 45
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Home details

Lot Sq. Ft
14,689
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24366281
City
Los Angeles
County
Los Angeles
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 9
Unit Breakdown 1
  • # of Units: 15
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,002
  • Total Rent: $30,026
  • Pro Forma/Market Rent: $54,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 14.7
  • Gross Scheduled Income: --
  • Net Operating Income: $276,854
  • Gross Operating Income: $376,291
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3365 Hamilton Way

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 15
  • Parcel Number: 5425002013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Ideally located in the heart of Silver Lake
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Sale History for 3365 Hamilton Way

Last sold for $3,800,000 on October 29th, 2019
  • March, 2024

  • Mar 7, 2024

    Date

    Active

    CRMLS: 24366281

    $5,550,000

    Price

  • October, 2019

  • Oct 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,800,000

    Price

  • June, 1998

  • Jun 19, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3365 Hamilton Way

Assessed Value (2020): $3,802,250
Year Land Value Improved Value Assessed Value
2020 $2,500,000 $1,302,250 $3,802,250

Home Value Compared to the Market

This property vs the competition

3365 Hamilton Way is listed 349.03% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $545.62 per/sqft which puts the price per square foot 29.42% lower than the median price per square foot for the city of Los Angeles.

About 3365 Hamilton Way

Detailed summary of property

3365 Hamilton Way is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 15 bedrooms, 15 bathrooms, roughly 10,172 living square feet, and sits on an approximately 14,689 square foot lot. 3365 Hamilton Way was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $5,550,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 349.03% higher than the median priced home. Local competing homes currently for sale include 5322 Loma Linda Ave, 927 S Ardmore Ave and 722 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 96 days, 3365 Hamilton Way has a days on market of 45 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3365 Hamilton Way Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3365 Hamilton Way

Public county record property details
Beds
15
Baths
15
Year built
1928
Sq. Ft.
10,172
Lot Size
14,702
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
103,104
APN
5425-002-013

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$940,000
Median Sold Price/Sq.Ft.
$850
Total Inventory
56
Median Sale to List Price %
100.11%
Avg Days on Market
16
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Related Resources to 3365 Hamilton Way

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.