240 Union Ave | Campbell, CA 95008
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- LoopNet Team
240 Union Ave
Campbell, CA 95008
Union Square Apartments · Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Spacious Townhome Layouts – The property features eleven two-bedroom, two-and-a-half bathroom townhomes and one two-bedroom, two-bathroom flat.
- Exceptional Rent Growth – Campbell led the Bay Area in rent increases, with a 32.2% year-over-year gain reported in February 2025.
- Future Upside Potential – Stable income, expansion opportunity, and exposure to one of Silicon Valley’s fastest-growing rental markets.
- Prime Campbell Location – Walking distance to downtown Campbell and the Pruneyard Shopping Center, offering top-tier retail, and fine dining.
- Strong Regional Tech Activity – Nearby San Jose saw major tech leases signed by TikTok and Supermicro, fueling local housing demand.
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.51 AC |
| Property Type | Multifamily | Building Size | 15,035 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1976 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Zoning | MHDR - Medium High-Density Residential | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 15,035 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | MHDR - Medium High-Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Granite Countertops
- Refrigerator
- Dining Room
- Garden
- Office
- Patio
- Porch
- Large Bedrooms
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Private Bathroom
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 11 | - | 1,137 |
| 2+2 | 1 | - | 1,154 |
| Studios | 1 | - | 160 |
PROPERTY TAXES
| Parcel Number | 412-12-004 | Improvements Assessment | $1,313,892 |
| Land Assessment | $631,294 | Total Assessment | $1,945,186 |
PROPERTY TAXES
Parcel Number
412-12-004
Land Assessment
$631,294
Improvements Assessment
$1,313,892
Total Assessment
$1,945,186
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