NOT LISTED FOR SALE

494 Dover Way Campbell, CA 95008

6 Beds
4 Baths
2,592 Sq Ft
7,292 Sq Ft Lot

Last Sold May 30, 2025

Last sale price $1,650,000 $637 Per Sq Ft

12 Days on Market

About This Home

As of May 2025

This Beautiful Campbell Fourplex Has Mostly All Been Renovated & Has No Rent Control! Newer exterior paint, dual pane windows, 40 year roof, hot water heaters, remodeled units with vinyl plank flooring/new cabinets/new counter tops, new refrigerator/stove in unit #492, fireplaces in 2br units, washer/dryer owned, common backyard for tenant enjoyment, well maintained and low maintenance landscaping, Campbell schools, across from Ebay campus and close to downtown Campbell, carport with storage closets and has been in the family for over 30 years! There is super upside potential in rents! Buildings like this one rarely come on the market!

Last Agent to Sell the Property

Joe Pollifrone

Christie's International Real Estate Sereno License #00889153 Listed on: 04/18/2025

Christie's International Real Estate Sereno

Last Buyer's Agent

Mike Masoumi

RE/MAX Santa Clara Valley License #00887609

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 7,292 Sq Ft Lot

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $102,936

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,266
  • Insurance Expense $908
  • Maintenance Expense $1,200
  • Manager Expense $3,659
  • Utility Expense $2,614
  • Trash Expense $2,664
  • Operating Expense $14,435
  • Gross Income $103,536

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Parking

4

Listing Details

  • Zoning: P-O
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2592
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Living Sq Ft: 2592
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1674
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7294.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7294.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.71
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 908
  • Expense Landscape: 1266
  • Expense Maintenance: 1200
  • Expense Management: 3659
  • Expenses Total: 14435
  • Expenses Utility: 2614
  • Expense Trash: 2664
  • Income Annual Gross: 103536.00
  • Income Annual Rental: 102936
  • Income Gross Scheduled: 103536
  • Income Includes: Laundry
  • Income Other: 600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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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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
05/30/2025 05/30/25 Sold $1,650,000 -4.6% $637 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $1,730,000 -- $667 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Pollifrone

    Seller's Agent in 2025

    Joe Pollifrone

    Sereno Group

    (408) 265-7653

    3 in this area

    52 Total Sales

    Joe Pollifrone
    Section Image
  • Mike Masoumi

    Buyer's Agent in 2025

    Mike Masoumi

    RE/MAX

    (408) 666-2112

    5 in this area

    24 Total Sales

    Mike Masoumi
    Section Image
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Map

Source: MLSListings

MLS Number: ML82003162

MLSListings

APN: 288-12-062

California Santa Clara County Campbell 95008

494 Dover Way, Campbell, CA

Not Listed for Sale

MultiFamily

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