5.05% cap rate based on current rents! OPEN HOUSE DATES (5/28, 5/30, & 5/31) Marcus & Millichap is proud to exclusively present 240 Union Avenue, a boutique 12-unit multifamily community in the heart of Campbell, California. This pride-of-ownership asset features two-bedroom, two-and-a-half bathroom townhomes, one two-bedroom, two-bathroom flat, and one studio efficiency unit. The two-bedroom floor plans all average over 1,100 square feet. Built in 1976, the property encompasses 13,662 square feet of net rentable space, excluding a 160-square-foot studio efficiency unit equipped with a full bathroom, offering potential for conversion into a 13th unit. Situated on a generous 21,672-square-foot lot, residents enjoy proximity to the vibrant historic downtown Campbell and the bustling Pruneyard Shopping Center, providing unparalleled access to dining, shopping, and entertainment options.
MLS # | ML82008027 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1976 |
Days On Site | 58 |
Listing Provided By | Marcus & Millichap | Jimmy Castellanos |
SQ Feet | 13,662 |
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Car Port | Yes |
Building(s) | 1 |
Zoning | R-3 |
Acreage | 0.50 |
Cooling | Wall Window Units |
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Heating | Electric |
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Property | 86785 |
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State | CA |
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County | Santa Clara |
City | Campbell |
Zip Code | 95008 |
Area | 699 Not Defined |
School District | Other |
Elementary School | Bagby |
Middle School | Price Charter |
High School | Branham |