4-Unit Multifamily
1395 Ontario Lane Campbell, CA 95008
1395 Ontario Lane, Campbell, CA, 95008
$2,199,000
For Sale
$2,199,000
Four-unit multifamily with two vacant units and private garages plus reserved parking for each unit.
Property Size3,440 SF
Price / SF$639.24
Days on Market87
Property Features for 1395 Ontario Lane
General Information
- Standard status
- Active
- Size
- 3,440 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing agency
Real E-State
(650) 204-0443
Listed by
Alexey Blokhin · License #01771121
(650) 204-0443
Source
Exitrealty
Added: Apr 27 Updated: Jul 21 at 2:15PM Checked: Jul 22 at 7:34AM
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 Real E-State
Investment Insights
Based on property information with market context.
This four-unit multifamily property offers a practical mix of units across two floors, including three-bedroom layouts and shared outdoor space. Two units are currently vacant, creating flexibility for an owner-occupant or an investor looking to lease remaining units. Each unit includes a private garage with storage and an additional reserved parking space.
The property has multiple recent updates called out in the remarks, including new windows, new electrical panels, and new entry doors, along with freshly painted exterior surfaces. New flooring is noted in three of the units, and a new water heater is included. A balcony improvement is referenced as brought to code per SB721.
The unit configuration includes a 3/1 on the first floor with a private yard, and 2/1 and 2/1 units on both levels, with private yard and shared common outdoor space described in the remarks.
The property has multiple recent updates called out in the remarks, including new windows, new electrical panels, and new entry doors, along with freshly painted exterior surfaces. New flooring is noted in three of the units, and a new water heater is included. A balcony improvement is referenced as brought to code per SB721.
The unit configuration includes a 3/1 on the first floor with a private yard, and 2/1 and 2/1 units on both levels, with private yard and shared common outdoor space described in the remarks.
Key Highlights
- 1963‑built 4‑unit multifamily in Campbell with 2 units delivered vacant
- Unit mix: 3/1 with private yard (vacant), 2/1 (tenant), 2/1 (vacant), and 2/1 (tenant)
- Each unit has a private garage with storage plus an additional reserved parking space
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 | $115.6k | $33.60 |
| − Vacancy | −$6.0k | −$1.75 |
| EGI | $109.6k | $31.85 |
| − OpEx | −$32.9k | −$9.55 |
| NOI | $76.7k | $22.29 |
3,440 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$958.6K – $1.28M
NOI $76,685 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$2.08M
$1.82M – $2.42M
NOI $145,375 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multifamily with two vacant units and private garages plus reserved parking for each unit.
Where is this quadplex located?
The property is located at 1395 Ontario Lane Campbell, CA.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: 1963‑built 4‑unit multifamily in Campbell with 2 units delivered vacant; Unit mix: 3/1 with private yard (vacant), 2/1 (tenant), 2/1 (vacant), and 2/1 (tenant); Each unit has a private garage with storage plus an additional reserved parking space
