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4850 Hamilton Ave, San Jose, CA 95130

$5,900,000 Sale Pending

  • For Sale
  • Pending
  • Commercial
  • 11,486 Sq. Ft.
  • 0.4356 Acres
4850 Hamilton Ave, San Jose, CA 95130View this property at 4850 Hamilton Ave, San Jose, CA 95130
4850 Hamilton AveSan JoseCA95130
Property Description
4850 Hamilton Avenue provides a unique opportunity to acquire a renovated 16-unit apartment building in a core location. The building features an outstanding unit mix of (8) 1+1 & (8) 2+1. The property has undergone extensive exterior and interior renovations. The building recently had new dual paned windows installed, fresh exterior paint, the installation of drought tolerant landscaping, paver walkways, new stucco patio walls for 7 of the downstairs apartments, new railings and exterior doors. 4 units have undergone thorough remodeling including: new LVT flooring throughout, shaker kitchen cabinets, quartz countertops, stainless steel appliances, dishwashers & built-in microwaves, open concept kitchen & living room, crown molding, can
lights, interior doors, new blinds, fully renovated bathrooms with new tile shower enclosure, toilet and vanity. Upside Potential - Market GRM: 13.21 and Market Cap Rate: 5.28%. May purchase with 4810 Hamilton Avenue a 15-unit building next door.

Full Property Details for 4850 Hamilton Ave

General

  • Price: $5,900,000
  • Status: Pending
  • Type: Commercial
  • MLS ID: 81684664
  • Updated: 2/20/2018
  • Added: 278 day(s) ago

Rooms

Other Rooms

  • Laundry: Coin-Operated, Washer / Dryer

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: Uncovered Parking

Location

  • Area: Campbell
  • County: Santa Clara
  • Complex: Westgate Living
  • Cross Streets: Campbell Avenue

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Disability Access: None
  • Square Feet: 11,486
  • Year Built: 1960

Unit Information

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.4356
  • Minimum Lot Size: 18975
  • Building Sites: 1
  • Zoning: R3H

Disclosures and Reports

  • Restrictions: None

Listed by Newmark Cornish & Carey, Justin Bautista

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Schools

Schools serving 4850 Hamilton Ave

Score
Name
Grades
Distance
6
4250 Latimer Ave, San Jose, CA 95130
K-5
0.5 mi
7
4600 Student Ln, San Jose, CA 95130
6-8
0.1 mi
7
18900 Prospect Rd, Saratoga, CA 95070
9-12
0.9 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 4850 Hamilton Ave Get Price Alerts

Date
Details
Price
Change
Source
11/13/2017
Listed
$5,900,000
-26.25%
MLS
3/24/2016
Sold
$8,000,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 4850 Hamilton Ave

Listed by Newmark Cornish & Carey, Justin Bautista

4850 Hamilton Ave, San Jose, CA 95130 (MLS# 81684664) is a Commercial property. 4850 Hamilton Ave is currently listed for $5,900,000 and was received on November 13, 2017. Want to learn more about 4850 Hamilton Ave? Do you have questions about finding other Commercial real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.