$4,950,000
$200K PRICE DROP

3365 Hamilton Way Los Angeles, CA 90026

Estimated payment $31,316/month

Total Views 3,728
15 Beds
15 Baths
10,172 Sq Ft
$487 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • John Marshall Senior High Rated A
  • 8 Car Garage

About This Home

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 six 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.

Listing Agent

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 02/19/2025

KW Commercial Studio City

Co-Listing Agent

Rich Johns

KW Commercial Studio City License #01432215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,565

Year Built

  • Built in 1928

Lot Details

  • 0.34 Acre Lot

Parking

  • 8 Car Garage

Interior Spaces

  • 10,172 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Community Details

  • 9 Buildings
  • 15 Units

Listing and Financial Details

  • Assessor Parcel Number 5425-002-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,565

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 10172
  • Lot Acreage: 0.3372
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 486.63

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 8

Lot Info

  • Assessed Improvement Percent: 34.21
  • Assessed Improvement Value: 1393861
  • Assessed Land Percent: 65.79
  • Assessed Land Value: 2680504
  • Total Assessed Value: 4074365
  • Assessor Parcel Number: 5425-002-013
  • Lot Size Area: 14689

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.30
  • Number Of Units: 15
  • Total Annual Expense: 105611
  • Type Of Units: Apartments
  • Vacancy Rate: 13%

Map

Range of Values:

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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 $50,565 $4,155,852 $2,734,114 $1,421,738
2024 $50,565 $4,074,365 $2,680,504 $1,393,861
2023 $49,595 $3,994,477 $2,627,946 $1,366,531
2022 $47,313 $3,916,155 $2,576,418 $1,339,737
2021 $46,713 $3,839,368 $2,525,900 $1,313,468
2019 $9,755 $698,196 $456,926 $241,270
2018 $9,594 $684,551 $447,967 $236,584
2016 $9,048 $655,809 $430,573 $225,236
2015 $8,932 $645,959 $424,106 $221,853
2014 $9,063 $633,307 $415,799 $217,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $4,950,000 -3.9% $487 / Sq Ft
02/19/2025 02/19/25 For Sale $5,150,000 -- $506 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,800,000 North American Title Company
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,630,000 New Conventional
Previous Owner $1,810,000 Small Business Administration
Source: Public Records

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Source: The MLS

MLS Number: 25500629

The MLS

APN: 5425-002-013