Professional Office
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
(650) 391-1742
Listed By:
Eric Carrillo · License #License(s): CA: 02111809
(650) 391-1742
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.
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
NOI $105,256 @ 7.0% cap · market cap 4.83%
Second Best
Healthcare Medical
$788.5K
$689.9K – $919.9K
NOI $55,192 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
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
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