
Los Angeles, California 90026
This Spanish-Style Quadruplex in prime Silver Lake is listed at $1,599,000, representing a character-rich asset with a $1,468,415 Fair Market Value. Maintaining a Functional Condition Rating, the property offers 180-degree panoramic views of the Hollywood Sign and Griffith Observatory. The layout includes a large owner’s unit with a private backyard plus three additional units, providing immediate cash flow and significant rental upside. Located near the 9/10 rated Ivanhoe Elementary, this is a versatile opportunity for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3201 Hamilton Way Subject | $1,599,000* List Price | 0 | 0 | 2,128 | $690 | - |
A 3538 London Active | $1,359,000 List Price | 5 | 3 | 2,258 | $602 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this property retains its charming 1920s Spanish character. While one kitchen shows more recent cosmetic updates with white shaker cabinets, granite countertops, and stainless steel appliances, another kitchen features a vintage stove, and the bathroom's mosaic tiling appears to be from an older renovation (likely 15-30 years ago). The overall condition suggests regular upkeep and occasional updates rather than a comprehensive recent renovation. The listing itself notes potential aging infrastructure (plumbing, electrical, roofing) and a lack of detail on major system upgrades, which is common for a property of this age. It is functional and livable, but major components likely show signs of being outdated and would benefit from further modernization.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the highly desirable and dynamic Silver Lake area, offering excellent access to trendy restaurants, shopping, and entertainment.
Features expansive 180-degree panoramic views of Los Angeles, the iconic Hollywood Sign, and the Griffith Observatory.
Built in 1924, the property may require significant investment in updating aging infrastructure such as plumbing, electrical, and roofing systems.
The property description emphasizes aesthetic charm but lacks details on recent major system upgrades, potentially leading to unforeseen capital expenditures for a buyer.
As an older multi-unit property in a dense urban area, there may be limited or no dedicated parking, which could be a challenge for tenants and owner-occupants.
Charming 1920's 4 unit property situated at the most desirable & dynamic area of Silver Lake with 180 degree panoramic view of LA, Hollywood Sign & Observatory. The property has an "owner's unit" which is a large 1bed/1bath with a inviting private backyard. The other 3 units are another 1 bedroom & two studios. All 4 units are currently rented for cashflow and are unique in their own Spanish style from the tiles to the moldings. The property has arch windows & lovely openings between kitchens & living area creating a warm and inviting feeling. If you are looking for a property with character, this is it! This great little investment has tremendous rental upside. It looks like one could even build several adu's over a garage if one were to build at the street. Close to LA trendy restaurants, shopping, coffee, & entertainment!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,128 | 2,351 | 43% |
| Lot Size | 5,196 | 4,939 | 50% |
| Price | $1.60M | $1.21M | 86% |
| Price per sq ft | $751 | $485 | 86% |
| Built year | 1924 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 322 | 231 | 86% |
Sep 3, 2025
$1,599,000
Initial Listing
Jun 4, 2025
$1,579,000
Initial Listing
Jun 20, 2019
$1,440,000
Public Record
Aug 1, 2014
$939,500
Public Record
Sep 7, 2005
$812,000
Public Record
Jun 7, 2000
$325,000
Public Record