3361 Hamilton Way, Los Angeles, CA 90026
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
3361 Hamilton Way,Los Angeles, CA 90026
$2,800,000
- 7 Beds
- 7 Baths
- 2,930 sq. ft.
- Multi-family
- Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:26653875
Source:CRMLS
Price summary
- Price:$2,800,000
- Price per sq. ft.:$955.63
About this home
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.
Contact an agent
Home facts
- Year built:1933
- Listing ID #:26653875
- Added:4 day(s) ago
- Updated:February 23, 2026 at 11:25 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:7
- Living area:2,930 sq. ft.
Structure and exterior
- Year built:1933
- Building area:2,930 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$955.63
New listings near 3361 Hamilton Way
$689,000Active1 beds 2 baths1,039 sq. ft.1025 N Kings Rd #105, Los Angeles, CA 90069
MLS# OC26008941Listed by: PRESIDENTIAL INCORPORATED- New
$1,595,000Active3 beds 3 baths1,834 sq. ft.2101 Thurman Avenue, Los Angeles, CA 90016
MLS# CL26655203Listed by: THE AGENCY - New
$4,495,000Active0.21 Acres1270 S Beverly Glen Boulevard, Los Angeles, CA 90024
MLS# CL26655449Listed by: COLDWELL BANKER REALTY - New
$870,000Active3 beds 4 baths1,800 sq. ft.11214 W Victory Boulevard #6, North Hollywood (los Angeles), CA 91606
MLS# CL26655535Listed by: REAL BROKERAGE TECHNOLOGIES - New
$650,000Active2 beds 1 baths984 sq. ft.623 623 E 76th St, Los Angeles, CA 90001
MLS# DW26039904Listed by: CENTURY 21 A BETTER SERVICE - New
$1,099,000Active4 beds 3 baths1,814 sq. ft.22736 Schoolcraft, West Hills, CA 91307
MLS# SR26039884Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$949,500Active2 beds 1 baths2,778 sq. ft.272 Burlington Avenue, Los Angeles, CA 90057
MLS# SR26039901Listed by: KELLER WILLIAMS REALTY CALABASAS - New
$1,199,000Active4 beds 4 baths2,188 sq. ft.8514 Morningstar Lane, Canoga Park, CA 91304
MLS# V1-34827Listed by: RE/MAX GOLD COAST REALTORS - Open Fri, 11am to 2pmNew
$589,000Active2 beds 3 baths1,408 sq. ft.12951 Riverside Drive #4, Sherman Oaks, CA 91423
MLS# SR26034225Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New
$799,000Active3 beds 2 baths1,536 sq. ft.8147 Aldea, Van Nuys, CA 91406
MLS# 226000822Listed by: KELLER WILLIAMS VIP PROPERTIES