786 Sharmon Palms LN Campbell, CA 95008
Active
$2,095,000
4 Units
2 Beds
1 Baths
3,150 Area(sq.ft.)
7,841 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 2 | 1 | No | $ 107,164 | $ 106,395 | $ 108,620 |
| 1 | 4 | 8 | 4 | $ 428,656 | $ 425,580 | $ 434,480 |
| MLS #: | PW24092348MR |
| Days On Market: | 180 |
| County: | Santa Clara |
| Property Type: | Residential Income |
| Price per ft2: | $ 665 |
| Price per unit: | $ 523,750 |
| Year Built: | 1962 |
Property Details
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.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 70,488 |
| Total Annual Expense: | $ 36,676 |
| Net Operating Income: | $ 70,488 |
| Cap Rate: | 3.36% |
| Gross Rent Multiplier: | 20.00 |
Structure
| Community Features: | Urban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | R2S |
| Land Lease Type: | Fee |
| Parking Garage: | Carport |
| Total Parking: | 12 |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | Dishwasher, Laundry Area, Refrigerator, Vented Exhaust Fan |
| Heating: | Wall |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
| Roof: | Composition |
Detailed Map
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