4351 Hamilton Avenue

San Jose, CA 95130

$1,688,000
Price
Beds
2,992 Sq. Ft.
$564 / Sq. Ft.
2,992
Sq. Ft.
$564
per Sq. Ft.

Description

We are pleased to present 4351 Hamilton Ave, an exceptional investment opportunity featuring 4 spacious two-bedroom/one-bathroom units on large 7,352 square foot lot. Built in 1961, this rare asset offers a total building square footage of 2,992. The property is located in an excellent location walking distance to Westgate Mall in a great neighborhood of West San Jose. There is strong upside in rents, making it an attractive investment opportunity in the thriving Silicon Valley market. The property...We are pleased to present 4351 Hamilton Ave, an exceptional investment opportunity featuring 4 spacious two-bedroom/one-bathroom units on large 7,352 square foot lot. Built in 1961, this rare asset offers a total building square footage of 2,992. The property is located in an excellent location walking distance to Westgate Mall in a great neighborhood of West San Jose. There is strong upside in rents, making it an attractive investment opportunity in the thriving Silicon Valley market. The property is in close proximity to major tech employers including Netflix, Apple, and NVIDIA. Finally, it is a short drive to Downtown Campbell and the Pruneyard and features easy access to Lawrence Expressway, San Tomas Expressway, and Highway 280.
  1. Listed by David Katz • DRE #01971921 • Brokerage DRE #02214785 • Magnify Real Estate • 408-758-0718
  2. Listed by Amit Urban • DRE #01998926 • Brokerage DRE #02214785 • Magnify Real Estate

Property Details for 4351 Hamilton Avenue

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2

Location

Listing Courtesy of Magnify Real Estate, David Katz, DRE #01971921; Magnify Real Estate, Amit Urban, DRE #01998926
Add your commute
LISTING UPDATED: 06/07/2024 12:20 AM

Property Details for 4351 Hamilton Avenue

StatusActive
MLS #ML81966507
Days on Compass26
Taxes$23,174 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1961
Lot Size0.17 AC / 7,405 SF
CountySanta Clara County

Location

Listing Courtesy of Magnify Real Estate, David Katz, DRE #01971921; Magnify Real Estate, Amit Urban, DRE #01998926
Add your commute

Building Information for 4351 Hamilton Avenue

Stories2Residences4Year Built1961Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$11,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,212

Property Taxes

$1,931

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4351 Hamilton Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 2992
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Campbell
  • Roof: Composition, Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 4351
  • Street Name: Hamilton
  • Street Suffix: Avenue
  • Area ID: 15
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2992
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Zoning Detail: R3
Location Information
  • Parcel Number: 307-20-018
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95130
  • Elementary School District: 464
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter, Post and Pier
  • Horse Property: No
  • Lot Acres: .17
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $23,174
  • Building Unit Total: 4
  • Capitalization Rate: 3.24
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,552
  • Expense Landscape: $1,200
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $3,085
  • Expenses Other: $0
  • Expenses Utility: $4,849
  • Expenses Total: $37,860
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 17.71
  • Income Annual Gross: $92,480
  • Income Annual Rental: $94,140
  • Income Gross Scheduled: $95,340
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,675
Unit 2 Information
  • Unit 2 Approx Square Footage: 750
  • Unit 2 Full Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $1,870
Unit 3 Information
  • Unit 3 Approx Square Footage: 750
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,045
Unit 4 Information
  • Unit 4 Approx Square Footage: 750
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,255
Unit Type 1
  • Unit Type1 Approx SqFt: 750

Property History for 4351 Hamilton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4351 Hamilton Avenue

Taxable ValueLand$167,386Additions$292,950Total$460,336
Tax Record2023$7,864 ($655 / month)
Home Facts
Total Finished SqFt2,992 SqFtAbove Grade Finished SqFt2,992 SqFtStories2Lot Size7,600 SqFtStyleQuadraplexYear Built1961ZoningR3CountySANTA CLARAAPN307-20-018Fireplace TypeHas Fireplace

Schools near 4351 Hamilton Avenue

This home is within Moreland School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Latimer Elementary School
PublicK to 8

Moreland Middle School
Public6 to 8

Prospect High School
Public9 to 12

Camden Community Day School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4351 Hamilton Avenue is a multi-family home for sale in San Jose, CA 95130. This property was listed for sale on May 20, 2024 by Magnify Real Estate, it's currently listed at $1,688,000. This listing's school districts are Moreland School District, Campbell Union High School District. Nearby schools include Latimer Elementary School, Moreland Middle School and Prospect High School. 4351 Hamilton Avenue is a 0-bed, 0-bath, 2,992 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Magnify Real Estate, David Katz, DRE #01971921; Magnify Real Estate, Amit Urban, DRE #01998926

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.