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…
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Last updated Nov 3, 2024
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MLS# PW24092348 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1962
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:3150.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:1
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Roof:Composition
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Foundation:Slab
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Stories Total:2
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Entry Level:1
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Accessibility Features:Parking
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Common Walls:1 Common Wall
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Entry Location:1
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Flooring:Carpet, Tile
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Laundry:Common Area
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Laundry:1
Location
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Directions:Cross streets are Virginia Ave and Waldon Rd
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Latitude:37.27529700
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Longitude:-121.96137000
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:R2S
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Lot Features:21-25 Units/Acre
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Lot Size Area:7841.0000
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Lot Size Acres:0.1800
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Lot Size SqFt:7841.00
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Lot Size Source:Public Records
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5067.02
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Tax Tract:2697
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Tax Lot:15
The Listing
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Special Listing Conditions:Standard
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Parcel Number:40431006
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Electricity Available, Natural Gas Available, Sewer Connected, Water Available
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Range Hood, Refrigerator, Vented Exhaust Fan
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Included:Yes
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:12.00
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Garage Spaces:6.00
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Carport Spaces:6.00
Extra Units
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Average 2 Bed Area:788
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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) |