Duplex with Private
185 Hollis AVE, Campbell, CA 95008
For Sale
$1,480,000
Two-unit property with separate private yards and enclosed garage access.
Property Size2,002 SF
Lot Size0.19 Acres
Days on Market55
Property Features for 185 Hollis AVE
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
private yard
enclosed garage
washer and dryer
Building Details
Building Size
Year Built
Listing Agency:
Marcus & Millichap
Listed By:
Carlos Azucena · License CA #01738155
(408) 205-2679
Source:
Lynnnorth
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 8 at 2:01PM
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
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Investment Insights
Based on property information with market context.
Built in 1966, this duplex includes one 2 bed / 1 bath residence measuring approximately 972 SqFt and one 3 bed / 2 bath residence measuring approximately 1,246 SqFt. The property occupies a 0.19-acre lot, or 8,320 SqFt, with private outdoor space for each unit. An enclosed garage includes a washer and dryer, and street parking is available throughout the neighborhood.
The property is next to Campbell Plaza, a shopping center with over 20 shops and services, including Safeway, Dollar Tree, and CineLux Plaza Theater. Winchester Light Rail Station is nearby, with direct transit to Downtown San Jose and Levi's Stadium. Downtown Campbell, the Pruneyard Shopping Center, and Downtown Los Gatos are within a short drive.
The property is next to Campbell Plaza, a shopping center with over 20 shops and services, including Safeway, Dollar Tree, and CineLux Plaza Theater. Winchester Light Rail Station is nearby, with direct transit to Downtown San Jose and Levi's Stadium. Downtown Campbell, the Pruneyard Shopping Center, and Downtown Los Gatos are within a short drive.
Key Highlights
- Duplex built in 1966 with two residential units
- Unit mix includes (1) 2 bed / 1 bath at approximately 972 SqFt
- Second unit offers (1) 3 bed / 2 bath at approximately 1,246 SqFt
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,208
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,160
$904.2K
Cap Rate 7%
$645,829
$645.8K
Cap Rate 9%
$502,311
$502.3K
Market Conditions
NOI Build-Up for 2,002 SF
Gross rent
$67.3K $33.60/SF
− Vacancy
−$2.7K −$1.34/SF
EGI
$64.6K $32.26/SF
− OpEx
−$19.4K −$9.68/SF
NOI
$45.2K $22.58/SF
Area
Santa Clara County, CA
Vacancy
3.99%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$904,160
Cap Rate 7%
$645,829
Cap Rate 9%
$502,311
Alternative Uses
Best Use
Multifamily LT 5
$645.8K
$565.1K – $753.5K
NOI $45,208 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$596.7K
$522.2K – $696.2K
NOI $41,772 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,605 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
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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
$1,578,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Santa Clara County, CA
Properties on Market for Duplexes in Santa Clara County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate private yards and enclosed garage access.
Where is this duplex located?
The property is located at 185 Hollis AVE Campbell, CA.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Duplex built in 1966 with two residential units; Unit mix includes (1) 2 bed / 1 bath at approximately 972 SqFt; Second unit offers (1) 3 bed / 2 bath at approximately 1,246 SqFt
