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1905 Hamilton Ave, San Jose, CA, 95125
Professional Office Building

1905 Hamilton Ave San Jose, CA 95125

For Sale
$2,180,000

Professional office property with private offices, reception, conference space, and ample parking.

Property Size2,992 SF
Price / SF$728.61
Days on Market68

Property Features for 1905 Hamilton Ave

General Information

Standard status
Active
Size
2,992 SF
Property subtype
Office

Building Details

Year Built
1972
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Eric Carrillo · License #License(s): CA: 02111809
Source: Marcusmillichap
Added: May 18 Changed: Jul 23 Last Checked: Jul 23 at 3:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto


Investment Insights

Based on property information with market context.

1905 Hamilton Avenue is a professional office property offering a layout designed for day-to-day office operations, including private offices, reception, and conference space, along with ample parking.

The building is situated in the Willow Glen submarket with visibility along Hamilton Avenue and convenient access to Downtown San Jose and major freeways, with nearby amenities.

Configured to support professional use, the property is positioned as a fit for an owner-user or as a high-demand rental option for investors seeking long-term stability in a strong office submarket.

Key Highlights

  • Professional office building built in 1972
  • Configured with private offices, reception, and conference space
  • Available as an owner‑user or long‑term rental/investment opportunity

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $167.7k $56.04
− Vacancy −$27.3k −$9.13
EGI $140.3k $46.91
− OpEx −$35.1k −$11.73
NOI $105.3k $35.18
2,992 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,256 @ 7.0% cap · market cap 4.83%
Second Best
Healthcare Medical
$788.5K
$689.9K – $919.9K (±1% cap)
NOI $55,192 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,487 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Allan C Sidle ... Medical Clinic Farmers Insurance - Vincenzo ... Insurance Agency Botanica Maestra Cristal Religious Bookstore Judy skin care ... Spa & Massage Center Valentine Owen MD Physician

Suggested Use

Restaurant Food Market Parking Lot & Garage Grocery & Convenience Store Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Barber Shop Auto Repair Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Professional office property with private offices, reception, conference space, and ample parking.
Where is this office building located?
The property is located at 1905 Hamilton Ave San Jose, CA.
What is the asking price?
The asking price for this property is $2,180,000.
What are key features of this property?
This property features: Professional office building built in 1972; Configured with private offices, reception, and conference space; Available as an owner‑user or long‑term rental/investment opportunity
More about this property
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