765 Sharmon Palms Lane, Campbell, CA 95008
- $1,800,000
- 3,328
- SqFt
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- ML82062255
- Year Built
- 1961
- Living Sq. Ft
- 3,328
- Lot Size
- 8,023
- Acres
- 0.18
- Lot Location
- Level
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
765 Sharmon Palms is a well-maintained 4-plex (3,328 sf building on a large 8,023 sf lot) that is located in highly desirable Campbell, near top employers and popular retail, dining, and entertainment hubs like Westgate Center, downtown Campbell, and The Pruneyard. Nearby San Tomas Expwy, Highway 17, and Highway 85 allow for easy access to local employers. Each unit has two bedrooms, one bathroom, and a functional layout (large living room, full kitchen with a dining area, good-sized bedrooms); the lower units have a private patio while the upper units have a private deck and pitched living rm ceilings; 3 of the units have a dishwasher. All units are occupied, providing a stable income stream right away; tenants pay for their own gas/electricity due to separate meters. There is a professionally-operated laundry room; 4 carport parking spaces (assigned); 3 open parking spaces (unassigned); and, attractive/easy-to-maintain landscaping. The building exterior was updated with a new stucco finish in 2019/2020 and was re-painted in 2026. The public schools are rated 8/10 for the elementary and 9/10 for the middle/high schools per "greatschools.org". With the bldg being 100% rented, well-maintained, and located in Campbell, this 4-plex is an exceptional turn-key investment opportunity.
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Additional Information
- Taxes
- $24,492
- Appliances
- Dishwasher, Refrigerator
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Elementary School
- Capri
- Middle School
- Rolling Hills
- High School
- Westmont
- Attached Structure
- Detached
- Gross Scheduled Income
- $115,498
Listing courtesy of Listing Agent: Mike Vick (mike.vick@cbnorcal.com) from Listing Office: Coldwell Banker Realty.
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