786 Sharmon Palms LN Active Save Request In-Person Tour Request Virtual Tour
Campbell,CA 95008
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24092348
HOA Y/N No
Year Built 1962
Lot Size 7,840 Sqft
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 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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R2S
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet,Tile
Fireplace No
Appliance Dishwasher,Disposal,Refrigerator,Range Hood,Vented Exhaust Fan
Laundry Common Area
Exterior
Garage Carport
Garage Spaces 6.0
Carport Spaces 6
Garage Description 6.0
Pool None
Community Features Urban
Utilities Available Electricity Available,Natural Gas Available,Sewer Connected,Water Available
Roof Type Composition
Accessibility Parking
Parking Type Carport
Total Parking Spaces 12
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 40431006
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard