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3303 Hamilton Way, Los Angeles, CA, 90026

$1,100,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,626 SqFt
$419/SqFt
House

Location

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3303 Hamilton Way, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingGarage
Attached GarageYes
Year Built1931
HeatingWall Furnace
MLS #24461519
Lot Size0.04 Acres
StatusActive

About 3303 Hamilton Way

Located at 3303 Hamilton Way in Los Angeles, CA 90026, this multifamily property offers a blend of stable income and value-add potential in a high-demand neighborhood. Built in 1931, the property comprises three units: one 2-bedroom, 1-bath unit, two 1-bedroom, 1-bath units, and one non-conforming studio. It totals 2,626 sq. ft. of rentable space on an 1,889 sq. ft.lot and is fully occupied on month-to-month leases, providing flexibility for future adjustments or redevelopment. The current gross monthly rent is $5,879, equating to $70,548 annually, with market rents estimated at $8,200 per month or $98,400 annually. This results in a current cap rate of 3.68% and a GRM of 15.59, aligning with area standards. At market rents, the potential cap rate rises to 6.32% with a GRM of 11.18. The property's net income is currently $40,442, with a projected increase to $69,506 at market rates, reflecting a significant upside. Priced at $1,100,000, the property's price per square foot is approximately $419 and $366,667 per door. The building also includes two single-car garages on the ground floor, with the potential for ADU conversion, adding an attractive value-add opportunity for investors.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 0
  • Living Area: 2,626 SqFt

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: John McCann

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Off Sunset Blvd, Take Westerly Terrace or Micheltorena St, Head Down Hamilton Way, Property is on the corner of Hamilton Way and Murray Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $419/SqFt

Tax Information:

  • Annual Amount: $7,062
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3303 Hamilton Way vs Los Angeles

7 DAYS ON ROCKET

-31 Days

$1,100,000

+$76.5K More

$419/SqFt

-$222 Less

KEY TAKEAWAY

This property is $76.5K more than the Median Sold Price and $222/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24461519

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 425-9838
  • Listing Agent: John McCann

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 17, 1989Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,062$578,226
2020$6,851$571,941
2019$6,810$560,728
2018$6,662$549,734
2017$6,662$538,956

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-546590
7
/10

  • Micheltorena Elementary

  • 1511 Micheltorena St

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-546591
3
/10

  • Mayberry Street Elementary School

  • 2414 Mayberry St

  • 0.57 miles

  • Public District Grades KG-6

school-card-donut-546592
4
/10

  • Lockwood Avenue Elementary

  • 4345 Lockwood Ave

  • 0.84 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,225. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3303 Hamilton Way

What is the listing price of this property?

The listing price of 3303 Hamilton Way property is $1,100,000.

What type of property is this?

The property 3303 Hamilton Way is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 3303 Hamilton Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,062 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 17, 1989 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3303 Hamilton Way has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 3303 Hamilton Way is 2,626 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3303 Hamilton Way is 1931.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›3303 Hamilton Way

This home is located at 3303 Hamilton Way in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 2,626 square foot home, which was built in 1931, sits on a 0.04 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,100,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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