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4281 Hamilton Avenue, San Jose, California 95130, San Jose, 95130 - bed, bath

4281 Hamilton Avenue, San Jose, California 95130 home-pic-0
ACTIVE$1,750,000$2,992/sqft
4281 Hamilton Avenue, San Jose, California 95130
0Bed
0Bath
2,992Sqft
7,575Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Premier Location & Accessibility: Situated in highly desirable West San Jose, offering proximity to major retail, dining, entertainment hubs (Santana Row, Westgate Center), and excellent freeway access to local employers.
Top Cons:
Building Age (1961): While recent updates are noted, the 1961 construction year suggests potential for ongoing maintenance or future capital expenditures related to older building systems not explicitly mentioned as updated.

Compared to the nearby listings

Price:$1.75M vs avg $1.75M (+$0)50%
Size:2,992 sqft vs avg 2,286 sqft67%
Price/sqft:$585 vs avg $78733%

More Insights

Built in 1961 (65 years old).
Condition: The property, built in 1961, has received recent exterior painting, deck waterproofing, and electrical subpanel replacements, indicating good structural maintenance. However, the interior units, particularly the kitchens and bathrooms, show dated styles and components. Kitchens feature older white appliances, basic laminate countertops, and older white cabinets. Bathrooms have basic vanities, standard toilets, and older tile work. While flooring and paint appear newer and clean, the overall interior aesthetic requires minor updates to meet current tenant expectations and styles, aligning with the 'fair' condition criteria for an aged but maintained property with functional but outdated major components.
Year Built
1961
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$585
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030565
Home ConditionFair
Features
Deck
View-

About this home

4281 Hamilton Ave. is a well-maintained 4-plex (2,992 sf bldg on a large 7,575 sf lot) located in highly desirable West San Jose, near top retail, dining, and entertainment hubs like Westgate Center, downtown Campbell, The Pruneyard, Westfield Valley Fair Mall, and Santana Row. Nearby San Tomas Expwy, Lawrence Expwy, Highway 17/880, and Hwy 280 allow for easy access to local employers. Each unit has 2 bedrooms, 1 bathroom, and a functional layout (large living room, full kitchen with a dining area, and good-sized bedrooms). All units are occupied, providing a stable income stream right away; tenants pay for their own gas and electricity due to separate meters. There is a professionally-operated laundry room with storage cabinets; 4 carport parking spaces; 4 open parking spaces; and attractive/easy-to-maintain landscaping. In 2024, the building exterior was painted and the property passed its City of San Jose routine inspection. In 2025, repairs/waterproofing to the upper deck were completed (+/- $20,000) and the subpanels in each apt were replaced (+/- $25,000). With the bldg 100% rented, recent capital improvements, passed City inspection, and highly desirable West San Jose location, this 4-plex is an exceptional turn-key investment opportunity.

M
Mike Vick
Listing Agent
Condition Rating
Fair
The property, built in 1961, has received recent exterior painting, deck waterproofing, and electrical subpanel replacements, indicating good structural maintenance. However, the interior units, particularly the kitchens and bathrooms, show dated styles and components. Kitchens feature older white appliances, basic laminate countertops, and older white cabinets. Bathrooms have basic vanities, standard toilets, and older tile work. While flooring and paint appear newer and clean, the overall interior aesthetic requires minor updates to meet current tenant expectations and styles, aligning with the 'fair' condition criteria for an aged but maintained property with functional but outdated major components.
Pros & Cons

Pros

Premier Location & Accessibility: Situated in highly desirable West San Jose, offering proximity to major retail, dining, entertainment hubs (Santana Row, Westgate Center), and excellent freeway access to local employers.
Turn-Key Investment with Immediate Income: Fully occupied (100% rented) 4-plex providing a stable, immediate income stream, with tenants responsible for their own gas and electricity.
Significant Recent Capital Improvements: Proactive maintenance includes 2024 exterior painting, 2025 upper deck repairs/waterproofing ($20k), and 2025 subpanel replacements ($25k), minimizing immediate capital outlay for a new owner.
Robust On-Site Amenities & Parking: Features a professionally-operated laundry room with storage, 4 carport spaces, and 4 open parking spaces, enhancing tenant convenience and property functionality.
Well-Maintained & Compliant Property: Described as well-maintained, passed its City of San Jose routine inspection in 2024, indicating good property management and regulatory compliance.

Cons

Building Age (1961): While recent updates are noted, the 1961 construction year suggests potential for ongoing maintenance or future capital expenditures related to older building systems not explicitly mentioned as updated.
Shared Laundry Facilities: The presence of a 'professionally-operated laundry room' implies shared facilities, which may be less attractive to some tenants who prefer in-unit washer/dryer hookups.
Unspecified Unit Interior Condition: The description focuses on exterior and system updates, but does not detail interior renovations of the individual units, potentially indicating dated finishes that could limit rent growth or tenant appeal without further investment.
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