Two-Home Multifamily
New
For Sale
$1,195,000
4616 Hammel, Los Angeles, CA 90022
Separate front and rear residences offer distinct living areas, each with an outdoor patio.
Property Size2,918 SF
Days on Market6
Property Features for 4616 Hammel
General Information
Standard status
Active
Size
2,918 SF
Property subtype
MULTI_FAMILY
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
5BR/2BA, 3BR/2BA
Multifamily Units
2
Amenities
family room
outdoor patio
central air and heating
Building Details
Building Size
2,918 SF
Year Built
1930
Buildings
2
Listing Agency:
Century 21 Allstars
Listed By:
Luis Martinez · License #01234365
(323) 219-2452
Source:
Milsteinestates
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
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Investment Insights
Based on property information with market context.
This multifamily property includes two residences on one lot. The two-story front house has 5 bedrooms, 2 bathrooms, a large family room, and an outdoor patio. The rear house contains 3 bedrooms, 2 bathrooms, and its own patio. Improvements include a new roof, central air and heat, and updated kitchens, bathrooms, and flooring throughout. A long driveway and a 1-car garage provide parking; the garage also has an additional bathroom.
The property is in East Los Angeles, near the 710, 60, and 10 freeways, and is described as 20 minutes from DTLA and Pasadena. It was built in 1930.
The property is in East Los Angeles, near the 710, 60, and 10 freeways, and is described as 20 minutes from DTLA and Pasadena. It was built in 1930.
Key Highlights
- Two residences on one lot: a 5‑bedroom, 2‑bathroom front house and a 3‑bedroom, 2‑bathroom rear house
- Two‑story front residence with a large family room and outdoor patio
- Outdoor patio at the rear residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,006
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,120
$1.2M
Cap Rate 7%
$871,514
$871.5K
Cap Rate 9%
$677,844
$677.8K
Market Conditions
NOI Build-Up for 2,918 SF
Gross rent
$111.7K $38.28/SF
− Vacancy
−$782 −$0.27/SF
EGI
$110.9K $38.01/SF
− OpEx
−$49.9K −$17.11/SF
NOI
$61.0K $20.91/SF
Area
ZIP 90022
Vacancy
0.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,120
Cap Rate 7%
$871,514
Cap Rate 9%
$677,844
Alternative Uses
Best Use
Apartment 5plus
$871.5K
$762.6K – $1.02M
NOI $61,006 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,223 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,213
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Separate front and rear residences offer distinct living areas, each with an outdoor patio.
Where is this multifamily property located?
The property is located at 4616 Hammel Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Two residences on one lot: a 5‑bedroom, 2‑bathroom front house and a 3‑bedroom, 2‑bathroom rear house; Two‑story front residence with a large family room and outdoor patio; Outdoor patio at the rear residence
