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Single-Story Triplex

4259 Hamilton Avenue, San Jose, CA 95130

For Sale
$1,788,000

Each residence has its own attached garage and driveway space, with shared on-site laundry equipment.

Property Size2,466 SF
Lot Size0.17 Acres
Price / SF$725.06
Days on Market49

Property Features for 4259 Hamilton Avenue

General Information

Standard status Active
Size 2,466 SF
Lot size 0.17 Acres
Property subtype Multi Family Home
Zoning R3
Occupancy 100%

Site & Location

Neighborhood Hathaway

Additional Details

Multifamily Units 3
Tenant in Place Yes

Amenities

on-site laundry

Building Details

Building Size 2,466 SF
Year Built 1961
Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Vivi Wan
Source: Buckleyrealty
Added: Sep 22 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This single-level triplex sits on a 7,600-square-foot lot in San Jose. The three residences are occupied, and each has an attached garage and a driveway parking space. On-site laundry equipment includes a washer and dryer owned by the property owner.

The property is within the Moreland School District and near shopping centers, grocery stores, retail businesses, and restaurants. Built in 1961, it is zoned R3.

Key Highlights

  • Three occupied residential units
  • 7,600‑square‑foot lot
  • Attached garage and driveway parking space for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$55,524
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,480 $1.1M
Cap Rate 7%
$793,200 $793.2K
Cap Rate 9%
$616,933 $616.9K
Market Conditions
NOI Build-Up for 2,466 SF
Gross rent
$82.9K $33.60/SF
− Vacancy
−$3.5K −$1.43/SF
EGI
$79.3K $32.17/SF
− OpEx
−$23.8K −$9.65/SF
NOI
$55.5K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,110,480
Cap Rate 7%
$793,200
Cap Rate 9%
$616,933

Alternative Uses

Best Use
Multifamily LT 5
$793.2K
$694.1K – $925.4K (±1% cap)
NOI $55,524 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$732.8K
$641.2K – $854.9K (±1% cap)
NOI $51,293 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,250 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 95130, CA

13,584
Population
5,019
Households
2.7
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
1.4 sq mi
ZIP Area
9,703
Density / Sq Mi
$155,787
Median Household Income
$77,174
Median Earnings
$2,273
Median Rent
$1,774,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Santa Clara County, CA

$945 Jul
$885 Aug
$927 Sep
$866 Oct

Properties on Market for Triplexes in Santa Clara County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has its own attached garage and driveway space, with shared on-site laundry equipment.
Where is this triplex located?
The property is located at 4259 Hamilton Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,788,000.
What are key features of this property?
This property features: Three occupied residential units; 7,600‑square‑foot lot; Attached garage and driveway parking space for each unit
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