786 Sharmon Palms Lane Campbell, CA ^$ 2,095,000

786 Sharmon Palms Lane

^$ 2,095,000

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786 Sharmon Palms Lane

Campbell, CA, 95008

^$ 2,095,000

Bedrooms8 Baths1.0 Sq 3,150

Monthly Estimate*

^$ 13,924

Listed by Sabari Realty

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 1

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 2

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 3

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 4

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 5

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 6

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 7

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 8

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 9

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 10

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 11

786 Sharmon Palms Lane, Campbell, CA 95008 - Image 12

Multi-Family Home for sale in Campbell, CA

for $2,095,000 with 8 bedrooms and 1 full bath. This 3,150 square foot home was built in 1962 on a lot size of 0.18.

Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. 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.

Multi-Family Active

Price

^$ 2,095,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.18

Year Built

1962

Town/City

Campbell

County/Region

Santa Clara

MLS | Web ID

PW24092348

Days on Market

Features

General

Sewer PublicSewer

Heating WallFurnace

Cooling WallWindowUnits

Utilities ElectricityAvailable NaturalGasAvailable SewerConnected WaterAvailable

Roof Composition

Appliances Dishwasher Disposal Refrigerator RangeHood VentedExhaustFan

Zoning R2S

HOA 0.0

Garage Spaces 6.0

Pool Features None

Year Built 1962

Electric Standard

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 107164.0

Community Features Urban

Accessibility Parking

County Santa Clara

Net Operating Income 70488.0

Operating Expense 36676.0

Insurance Expense 2875.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Cross streets are Virginia Ave and Waldon Rd

City Campbell

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 699 - Not Defined

Lot Size Square Feet 7841.0

Private Pool N

Waterfront Y/N N

Carport Spaces 6.0

Carport Y/N Y

Number of Units Leased 4

Street Name Sharmon Palms

Listing Terms Cash CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1523.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 2313.0

Water Sewer Expense 1926.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 2

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 15

Property Sub Type Additional Quadruplex

Cap Rate 3.36

Interior

Flooring Carpet Tile

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Lane

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Exterior

Parking Features Carport

Lot Features Item2125UnitsAcre

Water Source Public

Total Parking 12.0

Lot Size Area 7841.0

Foundation Details Slab

Number of Buildings 1

Spa N

Building Area Total 3150.0

Lot Size Acres 0.18

Road Surface Type Paved

Lot Size Units SquareFeet

Lot Size Source PublicRecords

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 786

* Excluded Features

List By

Sabari Realty

Broker

(562) 652-2379

Phone

Affordability Calculator

$13,924

Per Month

Monthly Principal & Interest: $13,924
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Campbell, CA

Average List Price ^$2,842,500

Percent of Sale Price 36%

About Campbell, CA

42,338 Population

8% Since 2002

^$108,999 Median Income

40.87 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$2,095,000		Listed Price

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786 Sharmon Palms Lane, Campbell, CA, 95008 is a Multi-Family Home for sale at $2,095,000 with 3,150 sqft and a lot size of 0.18. 786 Sharmon Palms Lane has 8 bedrooms, 1.0 baths, and was built in 1962. The property's zip code is 95008 which is in Campbell, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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786 Sharmon Palms Lane

Multi-Family Home for sale in Campbell, CA

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