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Listed by Ramaswamy Ramkumar • Sabari Realty
$ 1,950,000
Est. payment /mo
Price Dropped by $49K
786 Sharmon Palms Lane Campbell, CA 95008
3,150 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,150 sqft
Price per Sqft $619
MLS Listing ID PW-26025590
Year Built 1962
Lot Size 8,064 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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 ten years. Gross TY2025 rental income was $116,420 including $1,520 in laundry cash. The 2025 operating expenses, without accounting for depreciation, were $47,695. At the list price, this yields a GRM of 17 with an estimated Cap Rate of 3.5%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
Location
State CA
County Santa Clara
Zoning R2S
Interior
Heating Wall Furnace
Flooring Carpet, Tile
Laundry Common Area
Exterior
Parking Features Carport
Garage Spaces 6.0
Pool None
Community Features Urban
Utilities Available Sewer Connected, Water Available, Electricity Available, Natural Gas Available
Building
Lot Description 21-25 Units/Acre
Sewer Public Sewer
Nearby Locations