3361 Hamilton Way Los Angeles, CA $ 2,800,000
3361 Hamilton Way
$ 2,800,000
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3361 Hamilton Way

Los Angeles, CA, 90026
$ 2,800,000
Baths0.0 Sq 2,930

Monthly Estimate*

$ 17,240

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,800,000. This 2,930 square foot home was built in 1933 on a lot size of 0.14.

We are pleased to present 3361 Hamilton Way, a boutique, architect-designed multifamily offering in the heart of Silver Lake one of Los Angeles' most coveted and supply-constrained rental submarkets. Offered at $2,800,000, the property delivers a 5.62% capitalization rate on current income with upside to 6.32% at stabilization, supported by premium furnished units, institutional-quality finishes, and strong in-place rental fundamentals across a compact four-unit community. The property was comprehensively reimagined in 2022 by Dean Levin of 22RE, a Los Angeles architecture and design studio recognized for its sensitive, design-forward approach to the city's historic residential fabric. Levin, who trained in architecture at Pratt Institute in New York before a twelve-year career as a visual artist exhibited at leading galleries, founded 22RE in 2021 with a specific focus on extending and elevating Los Angeles' Spanish Revival and midcentury modern homes. The studio has been profiled in PINUP Magazine, named Surface Magazine's "Designer of the Day," and has had projects published on ArchDaily and in Wallpaper*. Notable 22RE projects include the expansion of a 1920s Spanish Revival residence in Los Feliz, flagship retail designs for Malbon and Departamento, and the conversion of a former Ed Ruscha studio in Glassell Park. Levin's design philosophy "thickening walls to give them gravity, inserting vaults that feel structural rather than decorative" is evident throughout 3361 Hamilton Way, where original 1933 Spanish Revival bones have been married to modern luxury with a level of craft and intentionality rarely found in multifamily product. The property comprises four residences across two buildings: one (1) one-bedroom-plus-office / one-bath unit and three (3) two-bedroom / two-bath units, totaling 2,930 rentable square feet on a 6,180-square-foot lot. Each residence features open layouts, custom wood cabinetry, contemporary kitchens with premium appliances, rain showers, curated furnishings, and in-unit washer/dryer sets. The property operates as a full-service smart apartment community with a keyless Latch smart-home entry system, individually assigned private garage parking, gated access, and a smoke-free environment. Additional amenities include central air conditioning, high-speed internet, dishwashers, ice makers, and coffee systems a turnkey, hospitality-grade living experience that commands top-of-market rents and attracts long-tenured, high-income renters. Three of the four units are currently occupied at market rents, generating $176,400 in annual gross scheduled rent. The fourth unit a 710-square-foot one-bedroom-plus-office / one-bath residence at 3361 1/4 Hamilton Way is delivered vacant, presenting an immediate owner-occupancy opportunity for a buyer seeking to live in a premier Silver Lake location while collecting rent from three income-producing units, or a lease-up opportunity to stabilize at a projected $4,350 per month. At full occupancy, gross scheduled rent totals $228,600 annually ($4,763 average per unit), with pro forma upside to $250,200 ($5,213 average per unit) upon renewal to market. The property generates $157,366 in net operating income on $60,839 in total operating expenses a 27.9% expense ratio reflecting the efficient, low-maintenance nature of a recently renovated boutique asset. At the offering price, the property trades at $700,000 per unit, $955.63 per square foot, and a 12.19x gross rent multiplier. The property falls within the Los Angeles Rent Stabilization Ordinance (RSO). All units were re-tenanted at market rates following the 2022 renovation, and current rents reflect market positioning for furnished, design-forward product in Silver Lake. RSO provides tenants with occupancy protections that support low turnover and stable cash flow a dynamic that benefits investors targeting durable, long-term income.

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Multi-Family Pending

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1933

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026653875

Features
General
Living Area 2930.0
Zoning LARD1.5
Year Built 1933
Levels Two
County Los Angeles
Net Operating Income 157366.0
New Construction No
Property Type C
HOA No
Status Pending
City Los Angeles
Senior Community Y/N No
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 6180.0
Standard Status Pending
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Interior
Kitchen Appliances Dishwasher Refrigerator
Total Stories 2
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Lot Size Area 6180.0
Pool Y/N? Yes
Building Area Total 2930.0
Lot Size Acres 0.14
Land Lease Type Fee
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* Excluded Features
List By
Filip Niculete

Listing Agent

Marcus & Millichap

Broker

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$17,240
Per Month
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0%
0%
Monthly Principal & Interest
$17,240
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$2,800,000 Listed Price

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3361 Hamilton Way, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $2,800,000 with 2,930 sqft and a lot size of 0.14. 3361 Hamilton Way is a studio with 0.0 baths and was built in 1933. The property's zip code is 90026 which is in Los Angeles, CA