Campbell, CA 95008,786 Sharmon Palms LN
Campbell, CA 95008,786 Sharmon Palms LN
Campbell, CA 95008,786 Sharmon Palms LN
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$2,095,000
Est. payment /mo
7,840 Sqft Lot
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UPDATED:

11/03/2024 03:54 PM

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


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California Regional MLS (CRMLS)
Listed by Ramaswamy Ramkumar • Sabari Realty • 562-652-2379

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Adrian Castillo

+1(209) 380-7597

Principal/Realtor | CA DRE#01308935

Principal/Realtor CA DRE#01308935

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786 Sharmon Palms LN