NOT LISTED FOR SALE

616 Gamma Ct Campbell, CA 95008

San Tomas Neighborhood
8 Beds
4 Baths
3,400 Sq Ft
0.29 Acres

Last Sold December 23, 2024

Last sale price $1,888,000 $555 Per Sq Ft

140 Days on Market

About This Home

As of December 2024

Excellent investment opportunity in a quiet Campbell cul-de-sac. building is approx. 3,400 sf with an oversized 12,632 lot. All occupied 2 bdrms, 1 baths; all units have refrigerators & ranges; 4 covered parking carport; owned coin operated laundry; rents currently below market; Campbell schools; buyers to cooperate in a 1031 exchange at no cost

Last Agent to Sell the Property

Becky Jean

Realty Brokers Nexus License #01001395 Listed on: 07/08/2024

Last Buyer's Agent

Julie Hadidi

Compass License #01955868

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.29

Home Design

  • Quadruplex
  • Slab Foundation
  • Elastomeric Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 0.29 Acre Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $104,796

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $175
  • Insurance Expense $250
  • Utility Expense $875
  • Trash Expense $295
  • Operating Expense $9,122
  • Gross Income $104,871

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R2S
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3400
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Elastomeric

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.2900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12632.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12632.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.01
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 250
  • Expense Landscape: 175
  • Expenses Total: 9122
  • Expenses Utility: 875
  • Expense Trash: 295
  • Income Annual Gross: 104871.00
  • Income Annual Rental: 104796
  • Income Gross Scheduled: 104871
  • Income Includes: Laundry, Rents
  • Income Other: 75
  • Meters: Master Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Utilities

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
12/23/2024 12/23/24 Sold $1,888,000 0.0% $555 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $1,888,888 -- $556 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,602 $1,888,000 $1,500,000 $388,000
2024 $7,602 $415,292 $224,748 $190,544
2023 $7,602 $407,150 $220,342 $186,808
2022 $7,527 $399,168 $216,022 $183,146
2021 $7,287 $391,342 $211,787 $179,555
2020 $7,018 $387,330 $209,616 $177,714
2019 $6,826 $379,736 $205,506 $174,230
2018 $6,558 $372,291 $201,477 $170,814
2017 $6,384 $364,992 $197,527 $167,465
2016 $5,987 $357,836 $193,654 $164,182
2015 $5,841 $352,462 $190,746 $161,716
2014 $5,563 $345,559 $187,010 $158,549
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Becky Jean

    Realty Brokers Nexus

    Section Image
  • Julie Hadidi

    Buyer's Agent in 2024

    Julie Hadidi

    Compass

    (650) 690-6582

    1 in this area

    24 Total Sales

    Julie Hadidi
    Section Image

  • D

    Buyer Co-Listing Agent in 2024

    David Bezeau

See All Agents

Map

Source: MLSListings

MLS Number: ML81987435

MLSListings

APN: 404-31-018

California Santa Clara County Campbell 95008 San Tomas

616 Gamma Ct, Campbell, CA

Not Listed for Sale

MultiFamily

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