928-930 Ravenscourt Ave 8 Unit Apartment Building $3,964,445 CAD ($495,556 CAD/Unit) 5.83% Cap Rate Campbell, CA 95008

Magnify is pleased to present 928 & 930 Ravenscourt Avenue, a rare multifamily investment opportunity located in the highly desirable City of Campbell. Situated on a prominent corner lot in the heart of Silicon Valley, the property consists of two fourplex buildings on one parcel totaling (8) spacious Two-Bedroom / One-Bathroom units, each featuring private patios, balconies, or backyard spaces.
Constructed in 1962, the asset encompasses approximately 6,656 square feet of rentable living space per county record on a generous 14,000 square foot lot. The property is well-maintained with numerous capital improvements that enhance both operational efficiency and long-term ownership stability. Recent upgrades include dual-pane windows, a newer copper water supply line from the street to the buildings, a 500-amp Square D main electrical panel, and multiple improvements to the plumbing, drain, and sewer systems.
The interiors are in excellent condition and feature desirable tenant amenities such as dishwashers, private outdoor spaces, luxury vinyl plank flooring, wall A/C, and updated tile finishes in kitchens and bathrooms, making the property highly attractive to the area’s strong renter demographic.
928 & 930 Ravenscourt Avenue benefits from an exceptional Silicon Valley location, just minutes from Downtown Campbell, The Pruneyard, and Santana Row, offering residents immediate access to premier dining, retail, and entertainment. The property also provides convenient connectivity to Highways 17 and 280, allowing for quick commutes to many of the region’s largest technology and employment centers.
Located within the City of Campbell’s jurisdiction, the property offers investors additional value-add potential through exterior improvements and continued rental growth, presenting a compelling opportunity to acquire a well-maintained asset in one of Silicon Valley’s most desirable rental markets.