Property Details
About this Property
The Magnify Investment Team is pleased to exclusively present the opportunity to acquire 240 Adler Ave, four (4) unit multi-investment property located in the core of Campbell. Constructed in 1968, the property consists of (1) 3-bedroom/2-bath unit, (1) 3-bedroom/1.5bath unit, (1) 2-bedroom/1-bath unit and (1) 1-bedroom/1-bath unit amounting to a building square footage of 4,186. The property sits on almost a quarter acre of land with strong upside in rents, an attached four car garage, a detached single car garage and a two-car carport. The property is in an excellent location, with nearby access to San Tomas Expressway and HWY 17, and a short distance to Downtown Campbell. The two long term tenants are on month-to-month leases while the other tenants are on year-to-year leases. This property is NOT subject to San Jose's Rent Ordinance and there has not been a rent increase this year or the year before.
MLS Listing Information
MLS #
ML81880982
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Dishwasher
Laundry
Coin Operated
Cooling
Other
Heating
Forced Air
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Attached Garage, Carport, Garage: 5 Car(s)
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Zoning
R-2
Contact Information
Listing Agent
Kyle De Mattei
Katz Inc
License #: 02146792
Phone: (408) 334-3226
Co-Listing Agent
Eric Katz
Katz Inc
License #: 01900078
Phone: (408) 438-0969
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | 4 | – |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,407 | 3 | 2/0 | $2,400 |
| 2 | 704 | 1 | 1/0 | $1,525 |
| 3 | 960 | 3 | 1/1 | $2,600 |
| 4 | 788 | 2 | 1/0 | $2,300 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
240 Adler Ave is a Residential Income in Campbell, CA 95008. This 4,186 square foot property sits on a 9,954 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,120,000 and was built in 1968. This address can also be written as 240 Adler Ave, Campbell, CA 95008.
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This listing information is up-to-date as of June 26, 2024. For the most current information, please contact Kyle De Mattei, (408) 334-3226
