NOT LISTED FOR SALE

4418 Hamilton Ave San Jose, CA 95130

Hathaway Neighborhood
5 Beds
3 Baths
2,466 Sq Ft
6,922 Sq Ft Lot

Last Sold March 06, 2019

Last sale price $1,420,000 $576 Per Sq Ft

201 Days on Market

Highlights

  • 3 Car Attached Garage
  • Latimer Elementary School Rated A-
  • 1-Story Property

About This Home

As of March 2019

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.

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 07/16/2018

Last Buyer's Agent

Nemo How

Eastgate Real Estate Services License #01182336

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,922 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,466 Sq Ft Home
  • 1-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $65,880

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $900
  • Insurance Expense $900
  • Maintenance Expense $1,500
  • Utility Expense $2,276
  • Operating Expense $28,682
  • Gross Income $65,420

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

3

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2466
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2466
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1589
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6923.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6923.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 21.13
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 900
  • Expense Landscape: 900
  • Expense Maintenance: 1500
  • Expenses Total: 28682
  • Expenses Utility: 2276
  • Income Annual Gross: 65420.00
  • Income Annual Rental: 65880
  • Income Gross Scheduled: 67443
  • Income Includes: Laundry
  • Income Other: 1563
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $1,420,000 -0.4% $576 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $1,425,000 +0.4% $578 / Sq Ft
01/02/2019 01/02/19 Off Market $1,420,000 -- --
11/15/2018 11/15/18 Price Changed $1,425,000 -3.7% $578 / Sq Ft
10/24/2018 10/24/18 For Sale $1,480,000 0.0% $600 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
08/23/2018 08/23/18 Price Changed $1,480,000 -10.3% $600 / Sq Ft
07/16/2018 07/16/18 For Sale $1,650,000 +26.0% $669 / Sq Ft
11/22/2017 11/22/17 Sold $1,310,000 +9.2% $531 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/29/2017 10/29/17 For Sale $1,199,998 -- $487 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mitchell Zurich

    Seller's Agent in 2019

    Mitchell Zurich

    Marcus & Millichap

    (650) 391-1824

    84 Total Sales

    Mitchell Zurich
    Section Image
  • Nemo How

    Buyer's Agent in 2019

    Nemo How

    Eastgate Real Estate Services

    (408) 316-2436

    19 Total Sales

    Nemo How
    Section Image

  • L

    Seller's Agent in 2017

    Loren Haley Skeen

    Loren Haley, Broker

    Section Image

  • R

    Buyer's Agent in 2017

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81714772

MLSListings

APN: 307-06-016

California Santa Clara County San Jose 95130 Hathaway

4418 Hamilton Ave, San Jose, CA

This home is located at 4418 Hamilton Ave, San Jose, CA 95130 since 16 July 2018. This property was built in 1961. 4418 Hamilton Ave is a home located in Santa Clara County with nearby schools including Latimer Elementary School, Moreland Middle School, and Prospect High School.

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