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.
Excellent opportunity to acquire a 4-unit multifamily investment property in desirable Campbell with tenant appeal, functional layouts, and meaningful upside. 1673 Whitwood Avenue offers a well-maintained apartment-style asset with attractive curb appeal, garage parking, private outdoor space, and features that set it apart. The property consists of two one-bedroom units and two two-bedroom units. The one-bedroom units have no shared walls, creating a private living experience tenants appreciate. The two-bedroom units each include a private yard, offering outdoor space rarely found in many rentals. Each unit also includes air conditioning and washer/dryer access, adding comfort and convenience that support retention. Interior finishes include clean kitchens with wood cabinetry, tile backsplashes, solid-surface countertops, and practical floor plans. With Campbells location near Downtown Campbell, Los Gatos, San Jose, major employment centers, shopping, dining, schools, and commute routes, the property is well-positioned for stable occupancy and long-term appreciation. This value-add opportunity offers future rent optimization, continued interior/common-area improvements, and potential RUBS utility reimbursement, subject to applicable local regulations and buyer verification.
Fantastic opportunity to own a well-maintained 4-unit property in the heart of Campbell with strong rental income and long-term tenants, all on month-to-month leases. Excellent unit mix includes: one spacious 3-bedroom, 2-baths ground-floor unit offering approximately 1,000 sq. ft., complete with a private yard, storage area, and attached garage; plus three 1-bedroom, 1-bath units, each offering approximately 700 sq. ft. with garages on the first floor. All units were remodeled (including electricity rewiring and reppiping) with updated kitchens and bathrooms and feature in-unit washers and dryers, along with additional parking spaces, a rare and highly desirable amenity for tenants. The property also offers a large, low-maintenance backyard with ample open space for relaxation or shared outdoor enjoyment. Situated in a quiet residential neighborhood with convenient access to downtown Campbell, shopping, dining, and major commute routes. Ideal for investors or owner-users seeking a solid income-producing property with long-term upside potential.
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.
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 3.6%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
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.
