1156 W Hamilton AVE, Campbell, CA 95008

$1,764,500
8
BD
2,808
SqFt

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Listed by Ed Bangle, 408-218-5795 from Ed Bangle, Broker
(If provided) CoList: from

Sold listing courtesy of Raylene Khan from SGP

Sold Price
$1,764,500
List Price
$1,799,000
Closing Date
Jun 03, 2025
MLS#
ML81998337
Status
SOLD
Zoning
R-2
Sqft. of Residence
2,808
Lot Size
7,998
Listing Area
Campbell

Property Description

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.

Additional Information

Acres
0.18
Age
66
Cooling System
Window / Wall Unit
Energy Features
Double Pane Windows, Low Flow Toilet, Thermostat Controller
Floor Covering
Carpet, Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Detached Garage, Off-Street Parking
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
2,808
Lot Size
7,998
Neighborhood
Campbell
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
Zoning
R-2

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