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Prime Silver Lake Location 3361 Hamilton Way 4 Unit Apartment Building $2,800,000 ($700,000/Unit) 5.62% Cap Rate Los Angeles, CA 90026



Investment Highlights
- Prime Silver Lake Location – Situated in one of Los Angeles’ most desirable, supply-constrained rental submarkets with strong lifestyle appeal.
- Boutique, Low-Density Asset – Intimate four-unit community that offers privacy, exclusivity, and ease of management.
- Furnished, Turnkey Apartments – Units offered furnished, appealing to high-income renters seeking immediate, move-in-ready housing.
- Architecturally Significant Design – Designed by Dean Levin, the architect behind Mason Kitsuné & Café Kitsuné, featuring modern Spanish Revival villa
- Highly Desirable Unit Mix – Comprised of one (1) 1BD/1BA + office and three (3) 2BD/2BA residences, catering to professional and creative tenants.
- Luxury Interior Finishes – Features include rain showers, contemporary kitchens, premium appliances, custom wood cabinetry, and in-unit washer/dryers.
Executive Summary
The LAAA Team of Marcus & Millichap is pleased to present 3361 Hamilton Way, a boutique, design-forward multifamily offering located in the heart of Silver Lake, one of Los Angeles’ most sought-after, supply-constrained rental submarkets. The property blends timeless Spanish Revival architecture with modern luxury finishes and smart home functionality, catering to a tenant base seeking turnkey living in a walkable, lifestyle-driven neighborhood. With its small-unit count, premium positioning, and furnished offering, the asset is well suited for investors targeting durable demand, strong tenant retention, and long-term appreciation.
Designed by Dean Levin, the architect behind Mason Kitsuné & Café Kitsuné, 3361 Hamilton Way features four (4) beautifully executed modern Spanish Revival villas. The unit mix consists of one (1) one-bedroom/one-bath residence with an office and three (3) two-bedroom/two-bath residences, each thoughtfully designed with open layouts and high-end finishes. Units are offered furnished and include in-unit washer/dryer sets, rain showers, contemporary kitchens with premium appliances, custom wood cabinetry, and curated site furnishings. The property operates as a full-service smart apartment community, featuring a keyless Latch smart-home entry system for secure, seamless resident and guest access. Each apartment is assigned one private garage parking space, and the gated, smoke-free community further enhances privacy and convenience. Additional amenities include air conditioning, high-speed internet, dishwashers, ice makers, coffee systems, and modern appliance packages.
Situated in the 90026 ZIP Code within the Los Angeles Unified School District, 3361 Hamilton Way enjoys a premier Silver Lake location just steps from Sunset Boulevard and Sunset Junction, placing residents within walking distance of top neighborhood destinations such as Alfred Coffee, Tartine, and Erewhon. Silver Lake is renowned for its vibrant dining scene, creative culture, and proximity to major employment hubs including Downtown Los Angeles, Hollywood, and West Hollywood. The area’s strong demographics, limited new multifamily supply, and enduring lifestyle appeal continue to drive robust rental demand, positioning 3361 Hamilton Way as a compelling long-term hold in one of Los Angeles’ most dynamic urban neighborhoods.
Designed by Dean Levin, the architect behind Mason Kitsuné & Café Kitsuné, 3361 Hamilton Way features four (4) beautifully executed modern Spanish Revival villas. The unit mix consists of one (1) one-bedroom/one-bath residence with an office and three (3) two-bedroom/two-bath residences, each thoughtfully designed with open layouts and high-end finishes. Units are offered furnished and include in-unit washer/dryer sets, rain showers, contemporary kitchens with premium appliances, custom wood cabinetry, and curated site furnishings. The property operates as a full-service smart apartment community, featuring a keyless Latch smart-home entry system for secure, seamless resident and guest access. Each apartment is assigned one private garage parking space, and the gated, smoke-free community further enhances privacy and convenience. Additional amenities include air conditioning, high-speed internet, dishwashers, ice makers, coffee systems, and modern appliance packages.
Situated in the 90026 ZIP Code within the Los Angeles Unified School District, 3361 Hamilton Way enjoys a premier Silver Lake location just steps from Sunset Boulevard and Sunset Junction, placing residents within walking distance of top neighborhood destinations such as Alfred Coffee, Tartine, and Erewhon. Silver Lake is renowned for its vibrant dining scene, creative culture, and proximity to major employment hubs including Downtown Los Angeles, Hollywood, and West Hollywood. The area’s strong demographics, limited new multifamily supply, and enduring lifestyle appeal continue to drive robust rental demand, positioning 3361 Hamilton Way as a compelling long-term hold in one of Los Angeles’ most dynamic urban neighborhoods.
Property Facts
| Price | $2,800,000 | Property Subtype | Apartment |
| Price Per Unit | $700,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.62% | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 12.19 | Building Size | 2,930 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1933/2022 |
| Zoning | LARD1.5 - Residential | ||
| Price | $2,800,000 |
| Price Per Unit | $700,000 |
| Sale Type | Investment |
| Cap Rate | 5.62% |
| Gross Rent Multiplier | 12.19 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,930 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1933/2022 |
| Zoning | LARD1.5 - Residential |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 710 |
| 2+2 | 3 | - | 740 |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5425-002-012 | Improvements Assessment | $660,282 |
| Land Assessment | $990,425 | Total Assessment | $1,650,707 |
Property Taxes
Parcel Number
5425-002-012
Land Assessment
$990,425
Improvements Assessment
$660,282
Total Assessment
$1,650,707
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Prime Silver Lake Location | 3361 Hamilton Way
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