$2,822,400
SOLD MAR 27, 2026
10 Beds
10 Baths
5,040 Sq Ft
12,632 Sq Ft Lot

Sale Details

Date Sold: March 27, 2026

$560 Per Sq Ft

6% Below List Price

9 Days on Market

Highlights

  • 4 Car Attached Garage
  • Westmont High School Rated A
  • Washer and Dryer

About This Home

As of March 2026

1177 Smith Avenue offers a unique multiunit opportunity in the highly desirable San Tomas neighborhood of Campbell. This exceptional four-unit property delivers impressive income with outstanding flexibility, making it ideal for investors, owner occupants, or those seeking multigenerational living solutions. At the front of the property sits a spacious 1,680 SQ FT detached house featuring 4 bedrooms, 4 bathrooms and an attached 2 car garage. It is currently configured as a 2 bedroom, 2 bathroom with 2 optional lock-off studios providing additional opportunities for rental income or adaptable living arrangements. Toward the rear of the property are 3 attached townhome style apartments, each offering 1,120 SQ FT, 2 bedrooms, 1.5 bathrooms, a garage, and a private patio. This property generated $174,240 in gross income during 2025, with scheduled rent increases already in place. One renovated 2 bedroom, 2 bathroom space in the front house is currently vacant, providing an opportunity for owner occupancy or leasing at market rates to further maximize returns. With its prime location, expansive 12,675 SQ FT lot, and proven income performance, this property stands out as an exceptional investment within one of Campbell's most coveted residential settings. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Anthony Boudreault

Coldwell Banker Realty License #01960145 Listed on: 02/28/2026

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,040 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $174,240

Community Details

Overview

  • 5,040 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $1,740
  • Insurance Expense $2,728
  • Maintenance Expense $6,600
  • Other Expense $2,797
  • Utility Expense $5,404
  • Operating Expense $28,924
  • Gross Income $174,240

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

0.29 Acres

Parking

4

Listing Details

  • Zoning: R-M
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5040
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Living Sq Ft: 5040
  • Stories: 2
  • Laundry: Washer / Dryer, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12675.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12675.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 17.19
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2728
  • Expense Landscape: 1740
  • Expense Maintenance: 6600
  • Expenses Other: 2797
  • Expenses Total: 28924
  • Expenses Utility: 5404
  • Income Annual Gross: 174240.00
  • Income Annual Rental: 174240
  • Income Gross Scheduled: 174240
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities - Electric, Utilities - Gas, Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2026 03/27/26 Sold $2,822,400 -5.8% $560 / Sq Ft
03/10/2026 03/10/26 Pending -- -- --
02/28/2026 02/28/26 For Sale $2,995,000 -- $594 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,129 $793,437 $267,962 $525,475
2024 $12,129 $777,880 $262,708 $515,172
2023 $11,989 $762,628 $257,557 $505,071
2022 $11,943 $747,675 $252,507 $495,168
2021 $11,636 $733,015 $247,556 $485,459
2020 $11,264 $725,500 $245,018 $480,482
2019 $11,021 $711,275 $240,214 $471,061
2018 $10,629 $697,329 $235,504 $461,825
2017 $10,405 $683,657 $230,887 $452,770
2016 $9,693 $665,351 $226,360 $438,991
2015 $9,455 $655,357 $222,960 $432,397
2014 $9,062 $642,520 $218,593 $423,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82036701

MLSListings

APN: 406-03-046

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