35 Lavonne DR Campbell, CA 95008
MULTI_FAMILY - CAMPBELL, CA
Property Features for 35 Lavonne DR
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 7
- Rooms
- Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 2, Bedroom 1
- Parking
- 5
- Parking features
- Garage - Attached, Assigned
- Fireplace
- 1
- Appliances
- Cooktop - Electric, Countertop - Granite, Countertop - Solid Surface / Corian, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
- Standard status
- Active
- Size
- 3,535 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Fireplace(s), Forced Air, Wall Furnace
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1963
- Number of units
- 4
- Flooring type
- Linoleum, Laminate, Tile
- Building materials
- Wood Frame
- Roof type
- Shingle
Listing agent Michael Shields License #01327546 (408) 356-1900
Listing office SiliconValley MultiFamilyGroup 235 Oak Meadow Drive, Los Gatos, CA (408) 356-1900
Listing date Jun 25, 2026
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Campbell, the property is approximately 1.4 miles from downtown and positioned near major commuter routes and employment centers. The Los Gatos Creek Trail and local parks are nearby, and the area provides convenient freeway access for commutes throughout the region.
This configuration supports a range of tenant needs with multiple 1-bedroom units alongside 2- and 3-bedroom options, including dedicated garage parking for the 3-bedroom unit. For buyers or owner-users, the combination of on-site access controls, upgraded windows and plumbing components, and updated interior finishes provides a practical foundation for day-to-day operations, with current rents reflecting strong and stable income in a highly desirable rental location.
Key Highlights
- Four‑unit multifamily home built in 1963 with unit mix: one 3BD/2BA, one 2BD/1BA, and two 1BD/1BA units
- Unit upgrades include remodeled kitchens and durable laminate flooring in select units
- Kitchen features/appliances include electric cooktops, granite or solid‑surface countertops (Stone/Corian), dishwashers, garbage disposals, and built‑in ovens/hoods
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.8k | $33.60 |
| − Vacancy | −$6.2k | −$1.75 |
| EGI | $112.6k | $31.85 |
| − OpEx | −$33.8k | −$9.55 |
| NOI | $78.8k | $22.29 |
