3370 Hamilton Way
Los Angeles, CA, 90026
$2,050,000
Beds
0 Baths
SqFt
0.16 Acres
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Built in the 1920s, 3370 Hamilton Way is a unique and special investment opportunity on one of the best streets in Silver Lake. The property consists of three separate duplexes, consisting of 3,538 SF on a 7,051 SF lot, zoned LAR2. Investors and tenants will note the striking and welcoming 1920s design and aesthetic. 3370 Hamilton Way consists of six original units. Each unit is a well-designed and tastefully laid out (1) One Bedroom / One Bath Unit. Interior highlights include original hardwood floors, multiple original built-ins, a breakfast nook/dining space that can be used as an office, updated bathrooms and kitchens with new fixtures and appliances, mini-split heating and cooling in select units, and in-unit washer/dryer or hookups. In addition to the attractive color scheme and welcoming patios, there are string lights, creating a magical ambiance in the evening. The going-in metrics are strong for 3370 Hamilton Way, with a 5.8% Cap Rate and 11.3 GRM. Strong market rents have been demonstrated through unit remodels and strong property management. 3370 Hamilton Way has six assigned parking spaces and is not on the list of buildings that require a soft-story seismic retrofit. 3370 Hamilton Way is centrally located in prime Silver Lake, with outstanding access to retail, entertainment, and cultural venues within the immediate submarket as the subject property is close to Los Feliz, Echo Park, Koreatown, Hancock Park, Downtown LA, Hollywood, and West Hollywood.

Property Details

Price:
$2,050,000
MLS #:
25522839
Status:
Active
Baths:
0
Address:
3370 Hamilton Way
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Apr 8, 2025
State:
CA
ZIP:
90026
Lot Size:
7,053 sqft / 0.16 acres (approx)
Year Built:
1926
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3370 Hamilton Way
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