35 Lavonne Drive, Campbell, California 95008, Campbell, 95008 - 0 bed, 0 bath
Loading property details...
Campbell, California 95008
This Prime Investment Opportunity is a four-unit multifamily asset listed at $1,895,000, positioned well below the $1,950,185 Fair Market Value by 2%. This valuation gap provides $55,185 in Instant Equity. With a Condition Rating of 3, the property features significant capital improvements, including copper piping and modern unit finishes. Its diverse unit mix and proximity to Silicon Valley employment centers ensure strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35 Lavonne Drive Subject | $1,895,000* List Price | 0 | 0 | 3,535 | $576 | - |
A 205 Burnham Court Active | $2,100,000 List Price | 0 | 0 | 3,136 | $670 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the property is meticulously maintained with significant upgrades including copper piping, dual-pane windows, and remodeled kitchens in select units. The interior features updated laminate flooring and modern finishes, making it functional and move-in ready for a multi-family investment.
Situated just 1.4 miles from downtown Campbell with proximity to major employment centers and the Los Gatos Creek Trail, this property is in a high-demand rental market with excellent appreciation potential.
The property features significant upgrades including copper piping, dual-pane windows, remodeled kitchens, and modern security features like a coded gate and automatic garages, reducing immediate CAPEX needs.
The rare inclusion of a 3-bedroom, 2-bathroom unit alongside 1 and 2-bedroom configurations offers versatility for owner-users and attracts a wide range of high-quality tenants.
Built in 1963, the property may face higher long-term maintenance requirements for structural or systemic components not addressed by recent cosmetic and functional upgrades.
With four units on an 8,064 sqft lot, there is limited private outdoor space and potential parking congestion, which may be a drawback for tenants in the larger three-bedroom unit.
Located in the heart of Silicon Valley, 35 LaVonne Drive presents a rare opportunity to acquire a pride-of-ownership four-unit multifamily property in one of the most desirable rental markets in the region. Meticulously maintained and thoughtfully upgraded, this property combines strong in-place income with long-term upside, making it ideal for both seasoned investors and owner-users seeking quality, stability, and location. Unit upgrades include remodeled kitchens, modern finishes, and durable laminate flooring in select units. Building-wide upgrades include partial copper piping, dual-pane windows, automatic garages with touchpad entry, and a coded security gate, enhancing both operational efficiency and resident convenience. Desirable unit configurations with (1) 3bd/2bath, (2) 1bd/1bath and (1) 2bd/1bath. Current rents reflect strong and stable income in a highly desirable rental location. Unit 1, the 3bd/2ba, has 2 garages. 1.4 miles from downtown Campbell and close proximity to major commuter routes and employment centers. The nearby Los Gatos Creek Trail and local parks add to the areas lifestyle appeal, while excellent freeway access supports easy commutes throughout the region.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,535 | 2,189 |
| Lot Size | 8,064 | 7,638 |
| Price | $1.90M | $1.71M |
| Price per sq ft | $536 | $945 |
| Built year | 1963 | 1961 |
| HOA | $0 | $0 |
| Days on market | 38 | 52 |
Jun 15, 2026
$1,895,000
Initial Listing
May 17, 2013
$1,110,000
Public Record
Dec 28, 2004
$1,010,000
Public Record