Log In/Sign Up
Your email has been sent.
430 Dunster Dr 9 Unit Apartment Building $4,300,000 ($477,778/Unit) 4.73% Cap Rate Campbell, CA 95008
Investment Highlights
- Renovated Units: Modern Interiors With Dual-Pane Windows and Fresh Exterior Paint
- Unit Mix: (4) 2-Bed x 1-Bath Units & (5) 1-Bed x 1-Bath Units, Offering a Versatile Floorplan Mix
- Prime Location: Just Minutes from Downtown Campbell, The Pruneyard, and Santana Row
Executive Summary
The Zurich Group of Marcus & Millichap is pleased to present 430 Dunster Drive, a recently renovated nine-unit apartment community in the highly desirable city of Campbell, California. The property features updated interiors, modern finishes, and limited near-term capital needs, offering new ownership a largely turn-key multifamily investment.
Ideally located just one-half mile from Downtown Campbell, the property provides residents a highly walkable lifestyle with easy access to boutique shops, cafés, popular restaurants, and the weekly farmers’ market. Santana Row is approximately 2.5 miles away, further enhancing the property’s appeal with premier dining, retail, and entertainment options.
With excellent connectivity via State Route 17, State Route 85, San Tomas Expressway, and Interstate 280, and positioning within a supply-constrained rental market, 430 Dunster Drive presents a compelling opportunity to acquire a renovated apartment asset with strong tenant demand and long-term rental growth potential.
Ideally located just one-half mile from Downtown Campbell, the property provides residents a highly walkable lifestyle with easy access to boutique shops, cafés, popular restaurants, and the weekly farmers’ market. Santana Row is approximately 2.5 miles away, further enhancing the property’s appeal with premier dining, retail, and entertainment options.
With excellent connectivity via State Route 17, State Route 85, San Tomas Expressway, and Interstate 280, and positioning within a supply-constrained rental market, 430 Dunster Drive presents a compelling opportunity to acquire a renovated apartment asset with strong tenant demand and long-term rental growth potential.
Property Facts
| Price | $4,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $477,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.30 AC |
| Cap Rate | 4.73% | Building Size | 6,204 SF |
| Gross Rent Multiplier | 14.86 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.93/1,000 SF |
| Zoning | R-2 | ||
| Price | $4,300,000 |
| Price Per Unit | $477,778 |
| Sale Type | Investment |
| Cap Rate | 4.73% |
| Gross Rent Multiplier | 14.86 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 6,204 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.93/1,000 SF |
| Zoning | R-2 |
Amenities
Unit Amenities
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
- Double Pane Windows
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 600 |
| 2+2 | 4 | - | 800 |
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 305-21-021 | Improvements Assessment | $1,407,161 |
| Land Assessment | $2,273,106 | Total Assessment | $3,680,267 |
Property Taxes
Parcel Number
305-21-021
Land Assessment
$2,273,106
Improvements Assessment
$1,407,161
Total Assessment
$3,680,267
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
430 Dunster Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.