Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past 8+ years. Gross TY2023 rental income was $107,164 ($8,930 each mo.) and the operating 2023 expenses were $36,676. At the list price, this yields a GRM of 20 with an estimated Cap Rate of 3.36%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
Property Details
Price:
$2,095,000
MLS #:
PW24092348
Status:
Active
Baths:
0
Address:
786 Sharmon Palms Lane
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Campbell
Listed Date:
May 7, 2024
State:
CA
ZIP:
95008
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1962
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
Parking
Appliances
Dishwasher, Disposal, Range Hood, Refrigerator, Vented Exhaust Fan
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Tile
Heating
Wall Furnace
Exterior
Community Features
Urban
Electric
Standard
Foundation Details
Slab
Garage Spaces
6.00
Lot Features
21-25 Units/ Acre
Parking Features
Carport
Parking Spots
12.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Map
Community
- Address786 Sharmon Palms Lane Campbell CA
- Area699 – Not Defined
- CityCampbell
- CountySanta Clara
- Zip Code95008
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Courtesy of Sabari Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
786 Sharmon Palms Lane
Campbell, CA
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