3303 Hamilton Wy,
Los Angeles, CA 90026
已成交 成交价: $100万 成交日期: 2025年02月14日
卧室: 4 浴室: / 其他类型
房屋信息

其他类型

2626平方英尺
(244平方米)

1889 平方英尺
(175平方米)

1931 年

0

暖: WL

地产编号: 24461519
所处郡县: LA
面积单价:$380.81/sq.ft ($4,099 / 平方米)
车位类型:GAR
房屋简介

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.

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