NOT LISTED FOR SALE

3309 Hamilton Way Los Angeles, CA 90026

Estimated Value: $1,411,000 - $1,839,000

2 Beds
3 Baths
2,284 Sq Ft
$689/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $1,050,000 $460 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,539/month

50 Days on Market

Highlights

  • Views of a landmark
  • Wood Flooring
  • Spanish Architecture
  • John Marshall Senior High Rated A

About This Home

As of March 2019

Find a nice investment opportunity in this handsome Spanish-style triplex located on a street-to-street lot in prime Silver Lake. The complex was built in 1931 and retains many period architectural details including tray ceilings with above-average height, large French windows and beautiful wood floors. Two sunny apartments, each with one bedroom + one bathroom, feature vintage tile elements and laundry rooms. Balconies provide a spot to dine al fresco with enchanting views of Sunset Junction, the Hollywood Sign and Griffith Park Observatory. The downstairs studio apartment opens to a charming private garden. Sunset Junction is just a few blocks away offering trendy options for shopping, dining and nightlife, plus the twice-weekly Silver Lake Farmer's Market.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 12/14/2018

Coldwell Banker Realty

Co-Listed By

Ronda Doyal

Coldwell Banker Realty License #01912802

Last Buyer's Agent

Lucy Mao

License #01779052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,957

Year Built

  • Built in 1931

Lot Details

  • 2,595

Property Views

  • Views of a landmark
  • Canyon
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,284 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • 2,595 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5425-003-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,957

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2284
  • Stories: 3
  • Year Built: 1931
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 476.80
  • Windows: French Windows

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Expense: 1056.00

Fee Information

  • Insurance Expense: 3029.00
  • Maintenance Expense: 3800.00

Lot Info

  • Assessed Improvement Value: 95509
  • Assessed Land Value: 153402
  • Assessor Parcel Number: 5425-003-010
  • Geocode Override: No
  • Lot Size Area: 2595

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.88
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 12702
  • Type Of Units: APT
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 3257.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Feb 27, 2019
Sold by
Casillas Guzman Javier R and Casillas Guzman Isabella
Bought by
Posey Patrick R
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Lucy Mao
List Price
$1,089,000
Sold Price
$1,050,000
Premium/Discount to List
-$39,000
-3.58%
Current Estimated Value
$1,573,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,568
Avg. Annual Appreciation
6.35%
Original Mortgage
$90,350
Outstanding Balance
$79,433
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,494,135

Purchase Details

Closed on
Jul 2, 2015
Sold by
Guzman Javier R and Guzman Isabella Casillas
Bought by
Guzman Javier R and Guzman Isabella Casillas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2006
Sold by
Casillas Isabella I
Bought by
Guzman Javier R

Purchase Details

Closed on
Mar 1, 2001
Sold by
Casillas Carmen
Bought by
Casillas Isabella I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 27, 1995
Sold by
Brown Charles and Mocsary Klara
Bought by
Casillas Isabella I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,184
Interest Rate
8.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Posey Patrick R $1,050,000 None Available
Guzman Javier R -- Title365
J & I Guzman Trust -- Accommodation
Guzman Javier R -- None Available
Casillas Isabella I -- Equity Title
Casillas Isabella I $172,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Posey Patrick R $90,350
Previous Owner Guzman Javier R $570,000
Previous Owner Casillas Isabella I $165,000
Previous Owner Casillas Isabella I $165,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2019 03/06/19 Sold $1,050,000 -3.6% $460 / Sq Ft
02/06/2019 02/06/19 For Sale $1,089,000 0.0% $477 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $1,089,000 -- $477 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,957 $1,171,291 $836,637 $334,654
2024 $13,957 $1,148,326 $820,233 $328,093
2023 $13,684 $1,125,810 $804,150 $321,660
2022 $13,041 $1,103,736 $788,383 $315,353
2021 $12,925 $1,082,095 $772,925 $309,170
2019 $3,278 $258,966 $159,599 $99,367
2018 $3,257 $253,889 $156,470 $97,419
2016 $3,091 $244,032 $150,395 $93,637
2015 $3,048 $240,367 $148,136 $92,231
2014 $3,076 $235,660 $145,235 $90,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-414130

The MLS

APN: 5425-003-010