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4418 Hamilton Avenue, located in San Jose, offers an investor the opportunity to purchase a three unit apartment building in a fundamentally strong South Bay submarket. The building is 2,466 square feet (per county records) and sits on a 7,000 square foot lot (per county records). The building boasts an exceptional unit mix of two two-bedroom/one-bath units and one one-bedroom/one-bath unit. The one-bedroom/one-bath unit was recently renovated throughout and includes new flooring, a new kitchen, cabinets, granite counters and a new bathroom. Each unit contains a private enclosed garage along with onsite washer and dryer. The property includes capital improvements including copper piping throughout, new washer and dryer (owned) and a new water heater.
The subject property neighborhood lies in a highly desirable suburban area of the South Bay. It is on the border of four of the most desirable sub-markets in the South Bay. It's neighboring cities, four premier South Bay cities including Los Gatos, Saratoga, Cupertino and Campbell, are home to many of Silicon Valleys most successful entrepreneurs and notable employers. The property sits near the crossroads of Hamilton Avenue and San Tomas Aquino Road. The location boasts excellent proximity to Westgate Center, a shopping center containing over 600,000 square feet of retail and restaurant tenants. Downtown Campbell boasts a vibrant and lively setting with many popular bars and restaurants and is less than 3 miles away. The property provides easy access to the major thoroughfares of the South Bay including Saratoga & Campbell Avenue in addition to Highway 17, Highway 85 and Interstate 280.
