Campbell, CA 95008,786 Sharmon Palms Lane
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Listed by Ramaswamy Ramkumar • Sabari Realty
$ 2,095,000
Est. payment | /mo

3,150 SqFt


Save
$ 2,095,000
Est. payment | /mo
Save

3,150 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $665

MLS Listing ID CRPW24092348

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1962

Lot Size 7,841 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

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Carpet

Fireplace No

Laundry Common Area

Exterior

Handicap Access Other

Building

Water Public

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

Cielo Fuentes

Partner | Lic# 1275719

+1(510) 778-5655

2643 Appian Way Suite C, Pinole, CA, 94564

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786 Sharmon Palms Lane