New Low Price and a Cap Rate of 5%! Remember, NO rent control in Campbell. SJ has rent control cap of 5% rent increases. Enticing Investment Opportunity in Prime Campbell Location near Westgate Mall and Historic Downtown Campbell! 4 Excellent Apartments that have been updated and remodeled. This 4-plex sits on approx 8000 Sq Ft lot and is situated to maximize land use; garages in the back with long, spacious driveway & additional parking spaces. The occupied apartments are all at market level rents with a mix of 1-yr leases and month-to-month agreements. Dual-pane Windows, Brand new Exterior Paint, Resurfaced Driveway, New Fencing all around. New Roof and New Sewer Line both with permit. In the past, all units have been quick to rent and residents tend to stay. All Four of the apartments have enclosed garages. Laundry is on site with washer and dryer in the community laundry room. There is an opportunity for new owner to replace machines with their own. Historically, monthly rent income is approx. $10,000 a month. Nearby Schools Include: Payne Elementary, Easterbrook Discovery, Moreland Middle, and Prospect High School. Some Charter Schools are nearby as well. This is the perfect location; walkable to Safeway, close to Westgate, Restaurants, Coffee Shops, Hwys 17 and 280.
Property Details
Price:
$1,799,000
MLS #:
ML81998337
Status:
Pending
Baths:
0
Address:
1156 W Hamilton Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Campbell
Listed Date:
Mar 24, 2025
State:
CA
ZIP:
95008
Lot Size:
7,998 sqft / 0.18 acres (approx)
Year Built:
1959
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Mortgage Calculator
Schools
Interior
Accessibility Features
None
Appliances
Electric Cooktop, Vented Exhaust Fan, Range Hood, Electric Oven, Refrigerator
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Laminate, Tile
Heating
Wall Furnace
Exterior
Foundation Details
Concrete Perimeter
Garage Spaces
4.00
Parking Features
Off Street
Parking Spots
4.00
Roof
Composition, Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Maintenance Fee
$16,000
Taxes
$16,000
Map
Community
- Address1156 W Hamilton Avenue Campbell CA
- Area699 – Not Defined
- CityCampbell
- CountySanta Clara
- Zip Code95008
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1156 W Hamilton Avenue
Campbell, CA
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