NOT LISTED FOR SALE

226 Echo Ave Campbell, CA 95008

9 Beds
5 Baths
3,840 Sq Ft
8,355 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $2,112,000 $550 Per Sq Ft

2 Days on Market

Highlights

  • Granite Countertops
  • Tile Flooring
  • Coin Laundry
  • Westmont High School Rated A
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of March 2022

Great Updated 4 Plex in Prime Campbell Area off Budd close to downtown Campbell/Pruneyard with great access to San Thomas Expswy and all major freeways! Newer Presidential Roof, all Double Pane Windows Two single level units Front unit is a 3 bed 2 bath and has remodeled kitchen and baths (unit 1) Unit 2 single level 2 bed 1 bath has also been remodeled with kitchen and bath. Unit 3 2 bed 1 bath mostly original and upstairs and unit 4 2 bed 1 bath had remodeled kitchen and bath (upstairs) All units include all appliances Common area Utility Room with Coin Operated washer and dryer 4 assigned parking covered carports and additional parking in back and on street

Last Agent to Sell the Property

John Faylor

Christie's International Real Estate Sereno License #01065896 Listed on: 02/14/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Sam Habib

CENTURY 21 Masters License #01253784

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 8,355 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $96,480

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $792
  • Insurance Expense $2,600
  • Maintenance Expense $1,500
  • Utility Expense $4,320
  • Trash Expense $2,100
  • Operating Expense $26,612
  • Gross Income $98,280

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: Countertop - Granite, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3840
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Covered Parking, Parking Area
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8355.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8355.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.85
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2600
  • Expense Landscape: 792
  • Expense Maintenance: 1500
  • Expenses Total: 26612
  • Expenses Utility: 4320
  • Expense Trash: 2100
  • Income Annual Gross: 98280.00
  • Income Annual Rental: 96480
  • Income Gross Scheduled: 98280
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 1800
  • Meters: Master Electric, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Sewer, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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Value Increase
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Adjusted for Inflation
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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
03/24/2022 03/24/22 Sold $2,112,000 +3.1% $550 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $2,049,000 -- $534 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81878212

MLSListings

APN: 305-38-020