
Campbell, California 95008
This Turnkey Quadruplex Investment is listed at $1,888,888, representing a stable entry point aligned with its $1,852,023 Fair Market Value. The property boasts an Excellent Condition Rating following comprehensive renovations to all four 2-bedroom units, including new kitchens, flooring, and appliances. While current rents are below market, the asset's strategic location minutes from Santana Row and Downtown Campbell ensures high rental demand and long-term appreciation. This low-maintenance multi-family asset is a strategic acquisition for Buy-and-Hold Investors or Portfolio Diversifiers looking for a polished Silicon Valley income property.
Property is new construction or fully renovated.
Although built in 1962, the property meets the excellent criteria due to extensive renovations across all four units within the last five years, including two units updated within the last six months. The renovations are comprehensive, featuring new kitchens, bathrooms, flooring, appliances, and lighting, resulting in a property with no deferred maintenance and modern interior finishes.
All four units have been updated within the last five years, including two brand-new renovations, significantly reducing immediate maintenance costs and capital expenditure for a new owner.
Situated minutes from premier destinations like Santana Row, Valley Fair Mall, and Downtown Campbell, the property occupies a high-demand rental pocket with excellent commute access.
The property features a rare parking ratio with four carports and three additional assigned spaces, plus wall AC in all units, enhancing tenant retention and desirability.
Current rental income is significantly below market value due to long-term tenancies, which limits immediate cash flow and initial capitalization rates for investors.
Built in 1962, the property may require ongoing oversight of original structural systems and utilities that were not included in the recent cosmetic unit updates.
Fantastic opportunity to own a solid 4-plex investment that is easy to rent and manage! Four 2 bedroom 1 bath units. Two units are newly updated (within 6 months) and two updated within the last 5 years. The updates include brand new kitchen, bathroom, flooring, paint, appliances, lighting.. Beautiful, spacious and open floor plan. Wall AC in all units. Rents are very low due to long term tenants. Four carport spaces and three open parking spaces that are currently assigned. Just minutes from Santana Row and Valley Fair Shopping Mall, as well as Downtown Campbell. The property is extremely low maintenance, tenants are super nice and cooperative. Conveniently located with commute access and more! DO NOT DISTURB TENANTS!
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 | 3,328 | 2,592 | 57% |
| Lot Size | 6,098 | 8,600 | 14% |
| Price | $1.89M | $1.73M | 71% |
| Price per sq ft | $568 | $646 | 43% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 197 | 57% |
Oct 7, 2025
$1,888,888
Initial Listing