$2,750,000
NEW CONSTRUCTION

3317 London St Los Angeles, CA 90026

Estimated payment $15,905/month

Total Views 796
8 Beds
5 Baths
2,759 Sq Ft
$997 Price per Sq Ft

Highlights

  • New Construction
  • Solar Power System
  • Contemporary Architecture
  • John Marshall Senior High Rated A
  • City Lights View
  • Cathedral Ceiling

About This Home

Stunning New Construction 4-Unit Multifamily Building in Silver Lake. This brand-new, meticulously designed 4-unit multifamily building offers unparalleled luxury and modern convenience in one of LA's most sought-after neighborhoods. The property includes 1 One Bedroom, 2 Two Bedroom and 1 Three Bedroom units. Each unit is individually metered for electric, individual water sub-meters and each unit has solar panels, making this a highly efficient and low expense asset. The low density nature of this project is extremely desirable for tenants and will command premium rents. All units have fire sprinklers throughout, helping to lower insurance premiums. The 2 two bedroom units are detached modern bungalows. The 1 three bedroom units have one bedroom downstairs and two upstairs, making it perfect for those needing a homes office. All units have private outdoor spaces. Prime Location: Nestled in the vibrant and trendy Silver Lake area, this property is within short distance to popular dining, shopping, and entertainment spots. Contemporary Design: Each unit features high ceilings, high-end finishes, open floor plans, and large windows that flood the space with natural light. The aesthetic is modern yet inviting, with attention to every detail. Sustainability: The entire building is solar-paneled, significantly reducing energy costs and environmental impact. Turnkey Investment: This property is designed for effortless operation. This property represents the pinnacle of multifamily living, combining sophistication, sustainability, and an unbeatable location.

Listing Agent

Luis Carmona

Forward Real Estate License #01807958 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,052

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 5,162 Sq Ft Lot
  • Fenced
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Back Yard

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,759 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Skylights in Kitchen
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Sliding Doors
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Vinyl Plank Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Parking

  • 5 Open Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Open Patio
  • Rain Gutters

Utilities

  • Zoned Cooling
  • Heating Available
  • Vented Exhaust Fan
  • Underground Utilities
  • Overhead Utilities
  • Property is located within a water district
  • Electric Water Heater
  • Sewer in Street

Additional Features

  • Solar Power System
  • City Lot

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5401-013-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,052

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: One, Two
  • Street Number Display: Yes
  • Alley: No
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 2759
  • Lot Acreage: 0.1185
  • Probate: No
  • Property Condition: New Construction
  • Year Built: 2025
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Drywall Walls, Living Room Deck Attached, Living Room Balcony, Recessed Lighting, Tandem, Turnkey
  • Number Dishwasher: 4
  • Number Disposal: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Flooring: Vinyl Plank
  • Appliances: Built-In Electric, Cooktop - Electric, Electric, Microwave, Oven-Electric
  • Bedrooms: 8
  • Bedroom Features: Main Floor Primary Bedroom, Primary Suite
  • Common Walls: Attached
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Shower and Tub, Shower Over Tub
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Counter Top, Open to Family Room, Skylight(s)
  • Laundry: In Unit, Inside, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Microwave, Solar Panels, Refrigerator, Range/Oven, Dryer, Washer, Vented Exhaust Fan
  • Price Per S Q F T: 996.74
  • Windows: Double Pane Windows, Screens, Skylights

Exterior Features

  • Construction: Concrete, Frame
  • Other Features: Balcony, Custom Built, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Number Patio: 4
  • Patio: Balcony, Patio Open
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Driveway, Driveway - Combination

Utilities

  • Water Heater: Solar, Electric, Water Heater Unit
  • Cooling: Multi/Zone, Air Conditioning, Dual, Electric
  • Heating: Electric, Combination
  • Number Electric Meters: 4
  • Security: Fire Sprinklers, Firewall(s), Smoke Detector
  • Sewer: In Connected and Paid, In Street
  • Water: District, Meter on Property, Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Front, Side, Rear, Drip System
  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 180405
  • Assessed Land Percent: 80
  • Assessed Land Value: 721621
  • Total Assessed Value: 902026
  • Assessor Parcel Number: 5401-013-021
  • Lot Description: Gutters, Fenced, Landscaped, Firewall(s), Back Yard, Storm Drains, Utilities - Overhead, Utilities Underground
  • Lot Location: City
  • Lot Size Area: 5162

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 4
  • Total Annual Expense: 42701
  • Type Of Units: 3
  • Vacancy Rate: 100

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,052 $920,066 $736,053 $184,013
2024 $11,052 $902,026 $721,621 $180,405
2023 $10,948 $884,340 $707,472 $176,868
2022 $10,441 $867,000 $693,600 $173,400
2021 $1,665 $113,990 $51,240 $62,750
2020 $1,677 $112,822 $50,715 $62,107
2019 $1,622 $110,611 $49,721 $60,890
2018 $1,503 $108,444 $48,747 $59,697
2016 $1,425 $104,235 $46,855 $57,380
2015 $1,406 $102,671 $46,152 $56,519
2014 $1,424 $100,660 $45,248 $55,412
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $2,750,000 +223.5% $997 / Sq Ft
02/03/2021 02/03/21 Sold $850,000 +21.6% $630 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $699,000 -- $518 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,899,750 Construction
Closed $1,891,250 Construction
Closed $722,500 Commercial
Source: Public Records

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Source: The MLS

MLS Number: 24-467305

The MLS

APN: 5401-013-021