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$2,050,000
Est. payment /mo
3,538 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,538 sqft
Price per Sqft $579
MLS Listing ID CL25522839
HOA Y/N No
Year Built 1926
Lot Size 7,053 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
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, ente
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5426006014
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Listed by Nick Astrupgaard • KW Commercial Studio City