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$ 7,280,000
Est. payment | /mo
13,662 SqFt
$ 7,280,000
Est. payment | /mo
13,662 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 13,662 sqft
Price per Sqft $532
MLS Listing ID ML82008027
HOA Y/N No
Year Built 1976
Lot Size 0.498 Acres
Acres 0.5
Property Sub-Type Other
Property Description
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.
Location
State CA
County Santa Clara
Zoning R-3
Interior
Heating Electric
Fireplace No
Building
New Construction No
Others
Tax ID 41212004
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Listed by Jimmy Castellanos • Marcus & Millichap