3201 Hamilton Way, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath
3201 Hamilton Way
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 3201 Hamilton Way, Los Angeles, California 90026 is currently available with a list price of $1,599,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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 It is functional and livable, but major components likely show signs of being outdated and would benefit from further modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Prime Silver Lake Location
Situated in the highly desirable and dynamic Silver Lake area, offering excellent access to trendy restaurants, shopping, and entertainment.
- Panoramic Views
Features expansive 180-degree panoramic views of Los Angeles, the iconic Hollywood Sign, and the Griffith Observatory.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1924, the property may require significant investment in updating aging infrastructure such as plumbing, electrical, and roofing systems.
- Undisclosed System Updates
The property description emphasizes aesthetic charm but lacks details on recent major system upgrades, potentially leading to unforeseen capital expenditures for a buyer.
- Potential Parking Constraints
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.
About 3201 Hamilton Way
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!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 5,196 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Micheltorena Street Elementary School
Grades K-5 • 0.2 mi
Mayberry Street Elementary School
Grades K-6 • 0.5 mi
Lockwood Avenue Elementary School
Grades K-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,128 | 2,128 | 50% |
| Lot Size | 5,196 | 5,196 | 50% |
| Price | $1.60M | $1.20M | 85% |
| Price per sq ft | $751 | $559 | 85% |
| Built year | 1924 | 1928 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 275 | 212 | 77% |
Pricing History
Listed for Sale
Sep 3, 2025
$1,599,000
Initial Listing
Price Change
Jun 4, 2025
$1,579,000
Initial Listing
Sold
Jun 20, 2019
$1,440,000
Public Record
Sold
Aug 1, 2014
$939,500
Public Record
Sold
Sep 7, 2005
$812,000
Public Record
Sold
Jun 7, 2000
$325,000
Public Record