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697 Hamline St, San Jose, CA 95110-1107 697 Hamline St 3 Unit Apartment Building $928,000 ($309,333/Unit) San Jose, CA 95110
Investment Highlights
- Well-Situated San Jose Triplex Investment Opportunity
- Prime San Jose Location
- Walking Distance to Nearby Retail
- Quick Access Around the Bay Area
Executive Summary
697 Hamline St is a well-situated triplex located in the thriving city of San Jose. Situated on a 3,864-square-foot parcel, the property was originally constructed in 1899 and features approximately 1,500 square feet of gross building area, offering tenants 100% one-bedroom floor plans. The property is within walking distance of popular amenities including PayPal Park (0.3 mi), Coleman Highline (0.2 mi), In-N-Out Burger (0.2 mi), and Costco Wholesale (1.3 mi), as well as a new BART station currently under construction. 697 Hamline St also sits near Downtown San Jose and close to San Jose MarketCenter, providing a wide range of dining, shopping, and entertainment options. The property benefits from convenient access to San José Mineta International Airport, one of Northern California’s busiest airports serving millions of domestic and international travelers annually. Additionally, it is located near San José State University and Santa Clara University, both highly regarded institutions. The surrounding community is supported by major employers such as Adobe, PwC, Deloitte, Cisco, and Santa Clara Valley Medical Center. With strong employment fundamentals, low vacancy levels, and a prime Silicon Valley location, 697 Hamline St offers investors an attractive opportunity near major amenities and employment hubs.
Property Facts
| Price | $928,000 | Building Class | C |
| Price Per Unit | $309,333 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 1,500 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1899 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | HI - Heavy Industrial | ||
| Price | $928,000 |
| Price Per Unit | $309,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 1,500 SF |
| No. Stories | 1 |
| Year Built | 1899 |
| Opportunity Zone |
Yes |
| Zoning | HI - Heavy Industrial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 500 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 230-23-001 | Improvements Assessment | $69,654 |
| Land Assessment | $497,618 | Total Assessment | $567,272 |
Property Taxes
Parcel Number
230-23-001
Land Assessment
$497,618
Improvements Assessment
$69,654
Total Assessment
$567,272
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697 Hamline St, San Jose, CA 95110-1107 | 697 Hamline St
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