786 Sharmon Palms Lane
Campbell, CA 95008
0.18 acres | #PW24092348
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.
Property Details
- Lot DescriptionTwentyOneToTwentyFiveUnitsAcre
- Stories2
Measurements
- Acres0.18
Parking
- Parking Spaces6
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1962
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerConnected, WaterAvailable
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountySanta Clara
Financial Details
- Original List Price$2,095,000
Other
- MLS #PW24092348
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ramaswamy Ramkumar (#PRAMKRAM)
Listing Office: Sabari Realty (#PB9387)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
