About 786 Sharmon Palms Lane
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.
Features of 786 Sharmon Palms Lane
| MLS® # | CRPW24092348 |
|---|---|
| Price | $2,095,000 |
| Bedrooms | 2 |
| Bathrooms | 0.00 |
| Square Footage | 3,150 |
| Acres | 0.18 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 786 Sharmon Palms Lane |
|---|---|
| Area | Listing |
| City | Campbell |
| County | Santa Clara |
| State | CA |
| Zip Code | 95008 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| Parking Spaces | 12 |
| Parking | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Exterior Features | Other |
|---|
Additional Information
| Date Listed | May 7th, 2024 |
|---|---|
| Zoning | R2S |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ramaswamy Ramkumar |
|---|---|
| Office | Sabari Realty |