5.05% cap rate based on current rents! OPEN HOUSE DATES (5/28, 5/30, & 5/31) Marcus & Millichap is proud to exclusively present 240 Union Avenue, a boutique 12-unit multifamily community in the heart of Campbell, California. This pride-of-ownership asset features two-bedroom, two-and-a-half bathroom townhomes, one two-bedroom, two-bathroom flat, and one studio efficiency unit. The two-bedroom floor plans all average over 1,100 square feet. Built in 1976, the property encompasses 13,662 square feet of net rentable space, excluding a 160-square-foot studio efficiency unit equipped with a full bathroom, offering potential for conversion into a 13th unit. Situated on a generous 21,672-square-foot lot, residents enjoy proximity to the vibrant historic downtown Campbell and the bustling Pruneyard Shopping Center, providing unparalleled access to dining, shopping, and entertainment options.