1177 Smith Avenue offers a unique multiunit opportunity in the highly desirable San Tomas neighborhood of Campbell. This exceptional four-unit property delivers impressive income with outstanding flexibility, making it ideal for investors, owner occupants, or those seeking multigenerational living solutions. At the front of the property sits a spacious 1,680 SQ FT detached house featuring 4 bedrooms, 4 bathrooms and an attached 2 car garage. It is currently configured as a 2 bedroom, 2 bathroom with 2 optional lock-off studios providing additional opportunities for rental income or adaptable living arrangements. Toward the rear of the property are 3 attached townhome style apartments, each offering 1,120 SQ FT, 2 bedrooms, 1.5 bathrooms, a garage, and a private patio. This property generated $174,240 in gross income during 2025, with scheduled rent increases already in place. One renovated 2 bedroom, 2 bathroom space in the front house is currently vacant, providing an opportunity for owner occupancy or leasing at market rates to further maximize returns. With its prime location, expansive 12,675 SQ FT lot, and proven income performance, this property stands out as an exceptional investment within one of Campbell's most coveted residential settings. DO NOT DISTURB TENANTS.
Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past ten years. Gross TY2025 rental income was $116,420 including $1,520 in laundry cash. The 2025 operating expenses, without accounting for depreciation, were $47,695. At the list price, this yields a GRM of 17 with an estimated Cap Rate of 3.5%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
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!
Campbell is located in California. Campbell, California has a population of 43,954. Campbell is less family-centric than the surrounding county with 35.59% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Campbell, California is $130,171. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Campbell is 39.1 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 18.4 inches per year, with 0 inches of snow per year.
