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786 Sharmon Palms Lane

Campbell, CA 95008

– beds
– baths
– sqft
7,841 sqft lot
1962 build
– on site

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.

Listed By CRMLS_CA / Ramaswamy Ramkumar / Sabari Realty / 562-652-2379

Last checked: Checking… • Last updated Nov 3, 2024 •

MLS# PW24092348 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1962
Year Built Source:

Public Records
New Construction:

No
Roof:

Composition
Entry Level:

1
Foundation:

Slab
Accessibility Features:

Parking
Common Walls:

1 Common Wall
Building Area Total:

3150.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Levels:

Two
Entry Location:

1
Flooring:

Carpet, Tile
Laundry:

Common Area
Laundry:

1

Location

Directions:

Cross streets are Virginia Ave and Waldon Rd
Latitude:

37.27529700
Longitude:

-121.96137000

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

R2S
Lot Features:

21-25 Units/Acre
Lot Size Area:

7841.0000
Lot Size Acres:

0.1800
Lot Size SqFt:

7841.00
Lot Size Source:

Public Records
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5067.02
Tax Tract:

2697
Tax Lot:

15

The Listing

Special Listing Conditions:

Standard
Parcel Number:

40431006

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Range Hood, Refrigerator, Vented Exhaust Fan
Included:

Yes

The Community

Senior Community:

No
Features:

Urban
Pool:

None
Private Pool:

No
Association:

No

Parking

Parking:

Yes
Parking:

Carport
Parking Spaces:

12.00
Garage Spaces:

6.00
Carport Spaces:

6.00

Extra Units

Average 2 Bed Area:

788

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/7/24 May 7, 2024	Listed / Active	CRMLS_CA	$2,095,000	237.1% (17.7% / YR)
12/10/10 Dec 10, 2010		BRIDGE	$621,500	-33.2% (-7.6% / YR)
7/31/06 Jul 31, 2006		BRIDGE	$930,000	116.3% (15.0% / YR)

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This multifamily located in San Tomas, Campbell, CA 95008 is currently for sale for $2,095,000. 786 Sharmon Palms Lane is a – square foot multifamily with – beds and – baths that has been on Estately for 199 days. 786 Sharmon Palms Lane is in the San Tomas neighborhood of Campbell and has a WalkScore® of 16, making it car-dependent. This multifamily is in the attendance area of Westmont High School, Capri Elementary School, and Rolling Hills Middle School.

Listing Courtesy of: CRMLS_CA and Sabari Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.