Quadplex with Detached
For Sale
$2,822,400
1177 Smith Avenue, Campbell, CA 95008
Mixed residential configuration includes garages, private patios, and a renovated vacant unit.
Property Size5,040 SF
Lot Size0.29 Acres
Days on Market228
Property Features for 1177 Smith Avenue
General Information
Standard status
Active
Size
5,040 SF
Lot size
0.29 Acres
Property subtype
Quadruplex
Units
Unit Mix
1 x 2BR/2BA, 3 x 2BR/1.5BA
Multifamily Units
4
Additional Details
Gross Income
$174,240
Amenities
Gas
Washer/Dryer
Washer/Dryer - Some Units
Public Utilities, Composition
Building Details
Building Size
5,040 SF
Year Built
1980
Listing Agency:
Coldwell Banker Realty
Listed By:
Anthony Boudreault
(408) 757-5229
Source:
Kw
Added: Feb 28
Changed: Oct 13
Last Checked: Oct 12 at 5:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1980, the property combines a 1,680-square-foot detached front house with three attached, townhome-style apartments. The front residence has four bedrooms, four bathrooms, and an attached two-car garage; its current arrangement includes a two-bedroom, two-bathroom area and two optional lock-off studios. Each rear apartment contains 1,120 square feet, two bedrooms, one and a half bathrooms, a garage, and a private patio. One renovated two-bedroom, two-bathroom portion of the front house is vacant.
The property occupies a 12,675-square-foot lot at 1177 Smith Avenue in Campbell’s San Tomas neighborhood. Interior features include gas service and washer/dryer installations, while the property has public utilities and composition exterior materials. Three rear apartments and the detached front residence provide a varied residential layout within the same parcel.
The property occupies a 12,675-square-foot lot at 1177 Smith Avenue in Campbell’s San Tomas neighborhood. Interior features include gas service and washer/dryer installations, while the property has public utilities and composition exterior materials. Three rear apartments and the detached front residence provide a varied residential layout within the same parcel.
Key Highlights
- 1,680‑square‑foot detached front house with 4 bedrooms, 4 bathrooms, and an attached 2‑car garage
- Three attached townhome‑style apartments, each with 1,120 square feet, 2 bedrooms, 1.5 bathrooms, a garage, and a private patio
- Front house includes a 2‑bedroom, 2‑bathroom configuration with 2 optional lock‑off studios
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,353
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,247,060
$2.2M
Cap Rate 7%
$1,605,043
$1.6M
Cap Rate 9%
$1,248,367
$1.2M
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$169.3K $33.60/SF
− Vacancy
−$8.8K −$1.75/SF
EGI
$160.5K $31.85/SF
− OpEx
−$48.2K −$9.55/SF
NOI
$112.4K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,247,060
Cap Rate 7%
$1,605,043
Cap Rate 9%
$1,248,367
Alternative Uses
Best Use
Multifamily LT 5
$1.61M
$1.40M – $1.87M
NOI $112,353 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,800 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M
NOI $212,991 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 95008, CA
49,038
Population
20,013
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
7,544
Density / Sq Mi
$142,841
Median Household Income
$84,022
Median Earnings
$2,694
Median Rent
$1,578,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Mixed residential configuration includes garages, private patios, and a renovated vacant unit.
Where is this quadplex located?
The property is located at 1177 Smith Avenue Campbell, CA.
What is the asking price?
The asking price for this property is $2,822,400.
What are key features of this property?
This property features: 1,680‑square‑foot detached front house with 4 bedrooms, 4 bathrooms, and an attached 2‑car garage; Three attached townhome‑style apartments, each with 1,120 square feet, 2 bedrooms, 1.5 bathrooms, a garage, and a private patio; Front house includes a 2‑bedroom, 2‑bathroom configuration with 2 optional lock‑off studios
