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6-Unit Apartment Property with Laundry
New
For Sale
$3,450,000

1420 W Latimer Ave, Campbell, CA 95008

A mix of apartment units and a detached home is complemented by on-site laundry and secure garage parking.

Property SizeContact for details
Days on Market2

Property Features for 1420 W Latimer Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 97%

Units

Unit Mix 3 x 2BR/1.5BA, 1 x 2BR/2BA, 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 6

Additional Details

Highway Access Yes

Amenities

on-site laundry
secure garage parking
Exceptional Unit Mix Of 2 & 3 Bed Units
Stand Alone 3 Bed 2 Bath House (1,555 SF)
Avg. Unit Size (~1,222 SF)
Private Garages & Dual Pane Windows
Walking Distance To Westgate Shopping Center

Building Details

Year Built 1969
Units 6
Listing Agency: Marcus & Millichap
Listed By: Fred Rubio III · License #License(s): CA: 01984041
Source: Marcusmillichap
Added: Sep 26 Last Checked: Sep 26 at 2:55PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Built in 1969, the property comprises five two-bedroom apartment units and a detached three-bedroom home. The apartments include three units with one-and-a-half baths, one with two baths, and one with a single bath; the separate home has two baths. Each residence exceeds 1,000 square feet. On-site laundry and secure garage parking serve the property, which has been maintained in good condition.

Located at 1420 W Latimer Ave in Campbell, the property has access to San Tomas Expressway, Campbell Avenue, and Highways 280, 17, and 85. Nearby destinations listed include San Tomas Plaza, the Pruneyard, and Downtown Campbell.

Key Highlights

  • Five two‑bedroom apartments and one detached three‑bedroom home
  • Each residence exceeds 1,000 square feet
  • Three apartments have 1.5 baths; the other two have 2 baths and 1 bath, respectively

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

679
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - A mix of apartment units and a detached home is complemented by on-site laundry and secure garage parking.
Where is this apartment building located?
The property is located at 1420 W Latimer Ave Campbell, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Five two‑bedroom apartments and one detached three‑bedroom home; Each residence exceeds 1,000 square feet; Three apartments have 1.5 baths; the other two have 2 baths and 1 bath, respectively
More about this property
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