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3-Unit Rental Property with ADU
New
For Sale
$2,100,000

2060 Kim Louise DR, Campbell, CA 95008

Laundry hookups serve all three residences, alongside three garage spaces and additional parking on the property.

Property Size2,745 SF
Lot Size0.19 Acres
Days on Market6

Property Features for 2060 Kim Louise DR

General Information

Standard status Active
Size 2,745 SF
Lot size 0.19 Acres
Property subtype Triplex

Units

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

Additional Details

Gross Income $105,000

Taxes and HOA fees

Annual Taxes $26,074

Amenities

in-unit laundry hookups

Building Details

Building Size 2,745 SF
Year Built 1968
Listing Agency: Compass
Listed By: Bryan Danforth · License #01789680
Source: Lynnnorth
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 6 at 12:14AM

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 Compass

Investment Insights

Based on property information with market context.

This three-residence property combines a duplex with a newly constructed rear accessory dwelling unit. The homes include a 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and a 1-bedroom, 1-bathroom ADU. Laundry hookups are available in each residence. The property dates to 1968 and includes an 8,102-square-foot lot, three garage spaces, and additional on-site parking.

Downtown Campbell is 1.3 miles away, Santana Row is 2.7 miles away, and Apple Park is 4.2 miles away. The property has a Walk Score of 70.

Key Highlights

  • Three residences: 3BR/2BA, 2BR/1BA, and 1BR/1BA rear ADU
  • Newly constructed accessory dwelling unit
  • 8,102 SF lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,192
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,223,840 $1.2M
Cap Rate 7%
$874,171 $874.2K
Cap Rate 9%
$679,911 $679.9K
Market Conditions
NOI Build-Up for 2,745 SF
Gross rent
$92.2K $33.60/SF
− Vacancy
−$4.8K −$1.75/SF
EGI
$87.4K $31.85/SF
− OpEx
−$26.2K −$9.55/SF
NOI
$61.2K $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%
$1,223,840
Cap Rate 7%
$874,171
Cap Rate 9%
$679,911

Alternative Uses

Best Use
Multifamily LT 5
$874.2K
$764.9K – $1.02M (±1% cap)
NOI $61,192 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$745.4K
$652.2K – $869.6K (±1% cap)
NOI $52,177 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M (±1% cap)
NOI $116,004 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Auto Parts Store Building Supply Electrical Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

551
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

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?
Triplex - Laundry hookups serve all three residences, alongside three garage spaces and additional parking on the property.
Where is this triplex located?
The property is located at 2060 Kim Louise DR Campbell, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Three residences: 3BR/2BA, 2BR/1BA, and 1BR/1BA rear ADU; Newly constructed accessory dwelling unit; 8,102 SF lot
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