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3361 Hamilton Way

Los Angeles, CA 90026
Mark as Favorite
Bed 7

Bed

Bath 0

Bath

SqFt2,930

Sqft

SqFt6,180

Sqft(Lot)

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 visua l 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,800,000

AD Id : 75470109

MLS Id : 26653875

Beds : 7

Lot Size : 6,180 Sqft

Living Area Size : 2,930

Year Built : 1933

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 7
  • Interior Features

    Appliances: Dishwasher, Refrigerator, Dryer, Washer

  • Building Information

    Year Built: 1933
    Building Area Total: 2930
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 6180 Lot Size Acres: 0.1419 Lot Size Source: Assessor Lot Size Square Feet: 6,180

  • Listing Price Information

    Listing Price: $2800000

  • Tax Information

    Parcel Number: 5425002012

  • Parking Information

    Parking Total: 4

  • Location Information

    Direction: One block North of Sunset Blvd.
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Nearby Home Value

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2168 Princeton Avenue, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 6,386 Sqft
2168 Princeton, Los Angeles, CA, 90026 $3,299,000 3 2 2,509 6,386 Sqft
1622 Donaldson Street, Los Angeles, CA, 90026 $3,295,000 5 6 2,966 5,979 Sqft
1915 Park Avenue, Los Angeles, CA, 90026 $18,000,000 40 40 37,830 8,320 Sqft
2140 Lemoyne Street, Los Angeles, CA, 90026 $2,350,000 3 2 -- 7,505 Sqft
2017 Vestal Avenue, Los Angeles, CA, 90026 $1,599,900 9 5 4,592 7,466 Sqft
1188 Innes Avenue, Los Angeles, CA, 90026 $3,500,000 13 -- 10,470 12,787 Sqft
1804 Echo Park Avenue, Los Angeles, CA, 90026 $1,300,000 5 3 2,319 5,357 Sqft
1458 Sutherland Street, Los Angeles, CA, 90026 $2,490,000 6 -- 3,187 22,577 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/07/2026 @ 13:29

MLS: 26653875 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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