Properties

Los Angeles, CA 90026 3361 Hamilton Way

3361 Hamilton Way Los Angeles, CA - Image 13361 Hamilton Way Los Angeles, CA - Image 23361 Hamilton Way Los Angeles, CA - Image 3
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Presented By: Filip Niculete with Marcus & Millichap;
  • MLS# 26653875
  • 01/16/2026
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  • Beds • 7
  • Baths • 1
  • SQFT • 2,930

Home Details

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.
Presented By: Filip Niculete with Marcus & Millichap;

Interior Features for 3361 Hamilton Way

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Total Stories2

General for 3361 Hamilton Way

AppliancesDishwasher, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate5.62
CityLos Angeles
CountyLos Angeles
DirectionsOne block North of Sunset Blvd.
Full Baths
Gross Income228600
HOANo
LevelsTwo
Living Area2930
Lot Size Square Feet6180
Lot Size UnitsSquare Feet
MLS AreaC21 - Silver Lake - Echo Park
Net Operating Income157366
New ConstructionNo
Number Of Units Total4
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1933
ZoningLARD1.5

Exterior for 3361 Hamilton Way

Building Area Total2930
Lot Size Acres0.1419
Lot Size Area6180
Lot Size SourceAssessor
Number of Buildings2
Total Parking4

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,800,000
MLS#26653875
List Date 01/16/2026
Property Type Multi-Family
Phone 888.795.6274
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