Multifamily

1710 Whitwood Ln

1710 Whitwood Ln, Campbell, CA 95008

Listing Price: $2,125,000

Cap Rate
1.72%
Number of Units
4
GRM
27.53
Occupancy
97.00%
Price/Unit
$531,250
Price/Gross SF
$638.71
Gross SF
3,327

Investment Overview

1710 Whitwood Lane, located in Campbell, offers an investor the opportunity to purchase a four-unit apartment building in a fundamentally strong South Bay sub-market. The buildings boast an exceptional unit mix of three two-bedroom/one-bath units (773 SF) and one three-bedroom/one-bath unit (1,008 SF). Each unit contains a private enclosed garage along with their own personal in-unit washer and dryer.
The City of Campbell, a highly desirable suburban town with a population of roughly 42,000, is located in the heart of the Silicon Valley. It is one of the most desirable submarkets in the South Bay due to its central location and suburb like neighborhoods. It borders three other premier South Bay cities including Los Gatos, Saratoga and Cupertino, home to many of Silicon Valleys most successful entrepreneurs and notable employers. The Properties sit near the crossroads of Campbell Avenue and San Tomas Aquino Road adjacent to the Kirkwood Plaza shopping center which includes many retail services and restaurants, including Nob Hill Foods, Walgreens and Starbucks. The location boasts excellent proximity to Westgate Center, a shopping center containing over 600,000 square feet of retail and restaurant tenants. Downtown Campbell boasts a vibrant and lively setting with many popular bars and restaurants and is less than 3 miles away. The Properties provide easy access to the major thoroughfares of the South Bay including Saratoga & Campbell Avenues in addition to Highway 17, Highway 85 and Interstate 280.
1710 Whitwood Lane is located in the heart of Silicon Valley and offers immediate access to an extremely dense concentration of employment. Within a ten mile radius of the Property, there exist roughly 764,000 jobs, all of which can be accessed in under a 30-minute commute. E-Bays headquarters is located four miles northeast of the Property and Netflixs headquarters is located four miles south. Netflix is one of the Bay Areas largest employers and is in the top 50 for largest companies in the U.S. by market cap. Apples new spaceship headquarters in Cupertino is located five miles north and is expected to house approximately 13,000 workers.

Investment Highlights

  • Superior Unit Mix: 2BR/1BA & 3BD/1BA Units
  • Major Capital Improvements: New Roofs, Fresh Exterior Paint, Copper Piping & Wire
  • Superb Unit Amenities: Private Attached Garages, Private Laundry, Private Yards
  • Excellent Proximity to the South Bay's Major Employers and Thoroughfares
  • Low Density Neighborhood Consisting Predominantly of Single Family Homes

Exclusively Listed By

Listing Price: $2,125,000

Cap Rate
1.72%
Number of Units
4
GRM
27.53
Occupancy
97.00%
Price/Unit
$531,250
Price/Gross SF
$638.71
Gross SF
3,327

Investment Highlights

  • Superior Unit Mix: 2BR/1BA & 3BD/1BA Units
  • Major Capital Improvements: New Roofs, Fresh Exterior Paint, Copper Piping & Wire
  • Superb Unit Amenities: Private Attached Garages, Private Laundry, Private Yards
  • Excellent Proximity to the South Bay's Major Employers and Thoroughfares
  • Low Density Neighborhood Consisting Predominantly of Single Family Homes

Investment Overview

1710 Whitwood Lane, located in Campbell, offers an investor the opportunity to purchase a four-unit apartment building in a fundamentally strong South Bay sub-market. The buildings boast an exceptional unit mix of three two-bedroom/one-bath units (773 SF) and one three-bedroom/one-bath unit (1,008 SF). Each unit contains a private enclosed garage along with their own personal in-unit washer and dryer.
The City of Campbell, a highly desirable suburban town with a population of roughly 42,000, is located in the heart of the Silicon Valley. It is one of the most desirable submarkets in the South Bay due to its central location and suburb like neighborhoods. It borders three other premier South Bay cities including Los Gatos, Saratoga and Cupertino, home to many of Silicon Valleys most successful entrepreneurs and notable employers. The Properties sit near the crossroads of Campbell Avenue and San Tomas Aquino Road adjacent to the Kirkwood Plaza shopping center which includes many retail services and restaurants, including Nob Hill Foods, Walgreens and Starbucks. The location boasts excellent proximity to Westgate Center, a shopping center containing over 600,000 square feet of retail and restaurant tenants. Downtown Campbell boasts a vibrant and lively setting with many popular bars and restaurants and is less than 3 miles away. The Properties provide easy access to the major thoroughfares of the South Bay including Saratoga & Campbell Avenues in addition to Highway 17, Highway 85 and Interstate 280.
1710 Whitwood Lane is located in the heart of Silicon Valley and offers immediate access to an extremely dense concentration of employment. Within a ten mile radius of the Property, there exist roughly 764,000 jobs, all of which can be accessed in under a 30-minute commute. E-Bays headquarters is located four miles northeast of the Property and Netflixs headquarters is located four miles south. Netflix is one of the Bay Areas largest employers and is in the top 50 for largest companies in the U.S. by market cap. Apples new spaceship headquarters in Cupertino is located five miles north and is expected to house approximately 13,000 workers.

Exclusively Listed By

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