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
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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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786 Sharmon Palms Lane
Campbell, CA
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