4-Unit Multifamily
For Sale
$1,775,000
2813 Joseph Ave, Campbell, CA 95008
All apartments are occupied under month-to-month leases and include in-unit laundry, assigned parking, and storage.
Property Size3,770 SF
Price / SF$470.82
Days on Market24
Property Features for 2813 Joseph Ave
General Information
Standard status
Active
Size
3,770 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$12,725
Amenities
in-unit laundry
assigned parking
additional storage
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Los Gatos Properties
(408) 354-4500
Listed By:
Alexandra Celo-Cruz
(408) 221-8101
Source:
Exprealty
Added: Sep 14
Changed: Oct 6
Last Checked: Oct 6 at 2:24AM
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 Los Gatos Properties
Investment Insights
Based on property information with market context.
This four-unit property sits on a corner lot and contains approximately 3,770 square feet. Each apartment is approximately 950 square feet, with two bedrooms and one bathroom. Dual-pane windows, in-unit laundry, assigned parking, and additional storage serve each unit. Outdoor areas provide additional shared space.
Residents are near Downtown Campbell, shopping, dining, and parks, with access to Highways 17 and 280. All four apartments are tenant-occupied on month-to-month leases.
Residents are near Downtown Campbell, shopping, dining, and parks, with access to Highways 17 and 280. All four apartments are tenant-occupied on month-to-month leases.
Key Highlights
- Four apartments, each approximately 950 square feet, with 2 bedrooms and 1 bathroom
- All units have dual‑pane windows, in‑unit laundry, assigned parking, and additional storage
- Four units are occupied on month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,042
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,680,840
$1.7M
Cap Rate 7%
$1,200,600
$1.2M
Cap Rate 9%
$933,800
$933.8K
Market Conditions
NOI Build-Up for 3,770 SF
Gross rent
$126.7K $33.60/SF
− Vacancy
−$6.6K −$1.75/SF
EGI
$120.1K $31.85/SF
− OpEx
−$36.0K −$9.55/SF
NOI
$84.0K $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%
$1,680,840
Cap Rate 7%
$1,200,600
Cap Rate 9%
$933,800
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $84,042 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.02M
$895.8K – $1.19M
NOI $71,660 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$2.28M
$1.99M – $2.66M
NOI $159,320 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,610
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - All apartments are occupied under month-to-month leases and include in-unit laundry, assigned parking, and storage.
Where is this quadplex located?
The property is located at 2813 Joseph Ave Campbell, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Four apartments, each approximately 950 square feet, with 2 bedrooms and 1 bathroom; All units have dual‑pane windows, in‑unit laundry, assigned parking, and additional storage; Four units are occupied on month‑to‑month leases
