697 Hamline St
- -Well-Situated San Jose Triplex Investment Opportunity - Investors have the
- opportunity to acquire a well-situated triplex asset located in one of the most
- dynamic and desirable locations in the South Bay.
- Walking Distance to Nearby Retail - 697 Hamline St is within walking distance to
- various lifestyle amenities such as Paypal Park (0.3mi), Coleman Landings
- Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi) and a new BART
- station currently in construction.
- Comfortable Climate Controlled Units - Tenants enjoy comfortable units
- featuring split heating and air conditioning systems.
- Prime San Jose Location - The subject property sits near Downtown San Jose
- and is within close proximity to the Target anchored San Jose Market Center,
- both being home to a myriad of dining, shopping, and entertainment options.
- Quick Access Around the Bay Area – 697 Hamline St offers tenants convenient
- access to I-880 and other major transportation routes providing easy access to
- prestigious educational institutions, major employers, and the various lifestyle
- amenities offered in the Bay Area.
Property Description
697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property was originally constructed in 1959 and features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as Paypal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi) and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options.The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations. Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings.The community also benefits from its proximity to some of San Jose’s largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, Cisco, among many other multinational enterprises. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 697 Hamline St presents an attractive choice to investors, due to its close proximity to shopping, dining and entertainment options.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $650,000 |
| No. of Units: | 3 |
| Year Built: | 1959 |
| Lot Size: | 0.09 Acres |
| Opportunity Zone: | No |
| Price per unit: | $216,667 |
| Property Website | Click Here |
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