Significantly Improved Pricing! Built in 1971, the Mission Villa Apartments offers a rare unit mix and variety of amenities not commonly found in a 36-unit community. The thoughtfully designed 705 sq. ft. one bedroom on baths, 850 sq. ft. 2 bedroom 2 baths, and 1,150+ sq ft. three bedroom two baths units offer in-wall A/C, dishwashers and disposals, and either private patios or balconies. The attractive Spanish-Style architecture property boasts a heated swimming pool and spa, BBQ area, recreation room, fitness center and an adjoining sauna with shower and restrooms. The Mission Villa Apartments provides a compelling value-add investment opportunity, with upside through both interior and common area renovations combined with mark-to-market benefit. While current ownership has maintained the asset well and renovated select units, the groundwork is laid to expand the unit modernization program to compete with nearby higher-end communities. Additional operational upside can be captured via loss to lease upside, contemporization of existing amenities, or conversion to add multiple additional rental units. Tenants benefit from proximity to the 11-mile Los Gatos Creek Trail, retail and restaurant options of The Pruneyard, Santana Row and Downtown Campbell, and world-class employers.
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Listing Snapshot
Price
$10,650,000
Days On Site
153 Days
Bedrooms
N/A
Inside Area (SqFt)
30,851 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.04 Acres
Year Built
1971
MLS® Number
ML82024500
Status
Pending
Property Tax
$144,612
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
a week ago
Status changed to Pending
a month ago
Price changed to $10,650,000
5 months ago
Listing first seen on site
General Features
Acres
1.04
Disclosures
Natural Hazard Disclosure
Foundation
Concrete Perimeter
Parking
Assigned
Parking Spaces
32
Property Sub Type
Multi Family
Security
Secured Garage/Parking
Sewer
Public Sewer
SqFt Total
30851
Style
Spanish
Water Source
Public
Zoning
R3H
Interior Features
Appliances
WasherWasher/Dryer
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
Laundry Features
Common Area
Spa
Yes
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Exterior Features
Pool Features
Heated
Roof
Tile
Spa
Yes
Community Features
Association Amenities
PoolBilliard RoomRecreation RoomCoin Laundry
School District
Campbell Union High
Schools
School District
Campbell Union High
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Joel Hopman of Newmark Cornish & Carey (415) 722-2200
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Last checked: 2026-03-13 06:32 AM UTC
Neighborhood & Commute
Source: Walkscore
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