1395 Ontario Lane, Campbell, California 95008, Campbell, 95008 - 0 bed, 0 bath
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Campbell, California 95008
This 4-unit Strong Value Opportunity is listed at $2,199,000, positioned well below the $2,007,913 Fair Market Value by -9%. Featuring an Excellent Condition Rating with recent capital improvements like new electrical panels and windows, this asset minimizes immediate CAPEX. The property offers a rare unit mix, including a 3-bedroom unit with a private yard and dedicated garage parking. With no local rent control and two vacant units, this is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand Campbell location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1395 Ontario Lane Subject | $2,199,000* List Price | 0 | 0 | 3,440 | $584 | - |
A 205 Burnham Court Active | $2,100,000 List Price | 0 | 0 | 3,136 | $670 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1963, the property qualifies as Excellent due to extensive recent renovations (likely <5 years). Updates include new electrical panels, new water heaters, new windows, and new flooring in 3 of the 4 units. The interior photos show a mint, move-in-ready condition with modern kitchen cabinetry, subway tile backsplashes, and recessed lighting.
The absence of local rent control combined with two vacant units provides immediate opportunity for market-rate leasing or owner-occupancy in a high-demand rental market.
Recent upgrades including new electrical panels, windows, flooring, and SB721 balcony compliance significantly reduce immediate CAPEX requirements for a new owner.
The property features a rare 3-bedroom unit with a private yard and provides each tenant with both a private garage and an additional reserved parking space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9148, other record lot size in square feet = 8989.
Originally built in 1963, the property may require ongoing maintenance or future updates to aging systems like plumbing and roofing that were not part of the recent renovations.
A 48-day market duration and a recent price reduction suggest the property may have faced initial overpricing or resistance in the current high-interest-rate environment.
4 Unit Property in Prime Campbell Location, No city Rent Control, lots of upside. 2 Vacant units. Fantastic unit mix as follows: 1st floor: 3/1 with private yard (vacant) 2/1 (tenant) 2nd floor: 2/1 (vacant) 2/1 (tenant) Great opportunity to own a well-located 4-unit property in the heart of Campbell. Offers flexibility for owner-occupancy or leasing at current market rents. Each unit includes a private garage with storage and an additional reserved parking space, new windows, new electrical panels, new entry doors, balcony brought to code (SB721 passed by the city of Campbell), new flooring (3 of the units), freshly painted exterior, 3 bed (vacant) with private yard + shared yard for other units. Located in a quiet residential setting with convenient access to downtown Campbell, shopping, dining, and major commute routes. Strong rental demand in the area supports both long-term hold and value-add potential. Highlights: 4-unit multifamily property 2 units delivered vacant No local rent control (buyer to verify) Garage + additional parking for each unit 3BR unit with private yard Shared common outdoor space New electrical panels New water heater Fresh paint New windows A flexible opportunity for both investors and owner-occupants looking to enter a high-demand market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,440 | 2,296 | 83% |
| Lot Size | 9,148 | 8,874 | 50% |
| Price | $2.20M | $1.69M | 83% |
| Price per sq ft | $639 | $754 | 33% |
| Built year | 1963 | 1960 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 129 | 17% |
Jun 6, 2026
$2,199,000
$2,300,000
-4% Price Drop
Initial Listing
Apr 27, 2026
$2,300,000
Initial Listing
Jun 16, 2014
$1,300,000
Public Record