190 W Campbell Ave - Multi-Family FOR SALE


Campbell, CA 95008
$2,080,000 USD
415-722-2200
190 W Campbell Ave, Campbell, CA for Sale
$2,080,000 USD
Multi-Family - FOR SALE
1/27
null | 2.24% Cap Rate

190 W Campbell Ave
Campbell, CA 95008


HIGHLIGHTS

  • Excellent Demographics - 60% of Campbell Households Possess a Bachelor's Degree or Higher; Median HHI of over $141K.
  • Moments to Downtown Amenities and Public Transportation
  • Value-Add Opportunity to Contemporize and Compete with SFH Rental Market

OVERVIEW

180-190 W. Campbell Avenue features 3 single family homes on one oversized lot in arguably the most desirable Campbell neighborhood. The property consists of a +/- 1,570 sq. ft. 3 Bed 2 Bath home with a large private backyard and attached 2-car garage; a +/- 885 sq. ft. 2 Bed 1 Bath home and a +/- 1 Bed 1 Bath home. Located moments to vibrant Downtown Campbell, tenants can walk to many retail and restaurant options and the VTA Light Rail Station. Additionally, the property is adjacent to the Campbell Community Center which features a large park, athletic fields, all-weather track, pool, skatepark, tennis and handball courts, a fitness center and the Heritage Theatre. While the existing residential use is permitted, the property is zoned for office, thus the opportunity is a great fit for an owner-occupier buyer, an investor looking for an amazing location with upside potential, or a developer.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$666 USD /SF

# OF UNITS

3

PRICE/UNIT

$693,333

CAP RATE

2.24%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,500 SF

ZONING

-

APN/PARCEL ID

305-31-026

ASK ABOUT THIS PROPERTY

Joel HopmanARA NewmarkMore Info
415-722-2200

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Joel HopmanARA NewmarkMore Info
415-722-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.