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4810 Hamilton AVE, San Jose, California

$4,950,000Active

4810 Hamilton AVE, San Jose, California 95130
- MLS® ID: ML81684662

Property Details

4810 Hamilton AVE, San Jose, California 95130 - 4810 Hamilton Avenue provides an investor a unique opportunity to acquire a renovated 15-unit apartment building in a core rental location. 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 all 7 downstairs apartments, new railings and exterior doors. 9 of the 15 units have undergone thorough remodeling including: new LVT flooring throughout, shaker kitchen cabinets, quartz countertops, stainless steel appliances, installation of 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.Tremendous upside potential - market GRM: 13.81 and market Cap Rate: 5.20%. May be purchased with adjacent 16-unit apartment building located at 4850 Hamilton Avenue.

Amenities

  • Zip95130
  • CountySanta Clara
  • SQFT7818
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeR3H
  • Year built1959
  • Lot size.379
  • SewerSewer - Public
  • HeatingGas
  • CoolingNone
  • Parking15
  • MLS® IDML81684662

Listing Courtesy of Justin Bautista~Newmark Cornish & Carey

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