NOT LISTED FOR SALE

192 Echo Ave Campbell, CA 95008

9 Beds
5 Baths
3,796 Sq Ft
7,736 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $2,060,000 $543 Per Sq Ft

171 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • Coin Laundry
  • Westmont High School Rated A

About This Home

As of April 2021

Rare investment opportunity! 4 Units (1) 3 bedrooms, 2 Baths (3) 2 bedrooms, 1 bath! Remodeled building with room to increase rent. Close to highway 17, 880, and 85. Well maintained throughout with a stucco/stone exterior. Balcony or patio access on all units for additional fresh air. Laminate flooring, carpet, and 4 carport parking spaces. Newer kitchen in some units. Convenient laundry room on site. Prime location in Campbell near San Tomas Expwy. Don't miss out on this investment property with great appreciation and cash flow potential for years to come.

Last Agent to Sell the Property

William Tran

Elite Realty Services License #01510440 Listed on: 09/23/2020

Elite Realty Services

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 7,736 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 3,796 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 4 Carport Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $114,480

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $960
  • Insurance Expense $1,850
  • Maintenance Expense $905
  • Manager Expense $2,254
  • Utility Expense $3,312
  • Trash Expense $1,884
  • Operating Expense $32,982
  • Gross Income $114,480

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3796
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 3796
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Construction Type: Stone, Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Off-Street Parking
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 242

Lot Info

  • Lot Acres: 0.1776
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7737.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7737.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 17.91
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1850
  • Expense Landscape: 960
  • Expense Maintenance: 905
  • Expense Management: 2254
  • Expenses Total: 32982
  • Expenses Utility: 3312
  • Expense Trash: 1884
  • Income Annual Gross: 114480.00
  • Income Annual Rental: 114480
  • Income Gross Scheduled: 114480
  • Income Includes: Coin Operated Equip, Rents
  • Meters: Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Professional Services, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Capital Improvements, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2021 04/26/21 Sold $2,060,000 +0.5% $543 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
09/23/2020 09/23/20 For Sale $2,050,000 +34.4% $540 / Sq Ft
03/01/2016 03/01/16 Sold $1,525,000 +9.0% $402 / Sq Ft View Prior Sale
02/02/2016 02/02/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $1,399,000 -- $369 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • William Tran

    Seller's Agent in 2021

    William Tran

    Elite Realty Services

    (408) 506-1746

    1 in this area

    78 Total Sales

    William Tran
    Section Image

  • R

    Buyer's Agent in 2021

    RECIP

    Out of Area Office

  • Carol Pefley

    Seller's Agent in 2016

    Carol Pefley

    Realty World Dominion

    (650) 714-3680

    54 Total Sales

    Carol Pefley
    Section Image
  • Kamran Chitgar

    Buyer's Agent in 2016

    Kamran Chitgar

    Coldwell Banker Realty

    (408) 728-6365

    3 Total Sales

    Kamran Chitgar
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81812178

MLSListings

APN: 305-38-023

California Santa Clara County Campbell 95008

192 Echo Ave, Campbell, CA

Not Listed for Sale

MultiFamily

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