$1,999,000

Estimated payment $12,194/month

Total Views 1,764
2 Beds
1 Bath
3,150 Sq Ft
$635 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Accessible Parking
  • Westmont High School Rated A
  • Laundry Room
  • Tile Flooring

About This Home

Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past ten years. Gross TY2025 rental income was $116,420 including $1,520 in laundry cash. The 2025 operating expenses, without accounting for depreciation, were $47,695. At the list price, this yields a GRM of 17 with an estimated Cap Rate of 3.5%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.

Listing Agent

Ramaswamy Ramkumar

Sabari Realty Brokerage Phone: 562-652-2379 License #01066689 Listed on: 02/04/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,755

Year Built

  • Built in 1962

Lot Details

  • 8,064 Sq Ft Lot
  • 1 Common Wall
  • Density is 21-25 Units/Acre

Parking

  • 6 Car Garage
  • 6 Carport Spaces
  • Parking Available

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan

Additional Features

  • Accessible Parking
  • Urban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2697
  • Assessor Parcel Number 40431006
  • $2,588 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,408
  • Gardener Expense $818
  • Insurance Expense $3,628
  • Other Expense $24,430
  • Professional Management Expense $6,000
  • Trash Expense $1,285
  • Water Sewer Expense $2,800
  • New Taxes Expense $5,059
  • Operating Expense $47,695
  • Gross Income $116,420
  • Net Operating Income $68,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,755

Year Built

Built in 1962

Lot Details

8,064 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 3.50
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2800.00
  • Zoning: R2S
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 818.00
  • Parcel Number: 40431006
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 634.60

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Range Hood, Refrigerator, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1285.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 8064.00
  • Lot Size Acres: 0.1851

Multi Family

  • Average2 Bed Area: 788 Square Feet
  • Electric Expense: 1408.00
  • Gross Income: 116420.00
  • Gross Multiplier: 17.00
  • Gross Operating Income: 116420.00
  • Gross Scheduled Income: 114900.00
  • Insurance Expense: 3628.00
  • Laundry Income: 1520.00
  • Lot Size Area: 8064.0000 Square Feet
  • Net Operating Income: 68725.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 47695.00
  • Other Expense: 24430.00
  • Other Expense Description: Prop Tax
  • Rent Control: Yes
  • Total Expenses: 47695.00

Tax Info

  • New Taxes Expense: 5059.00
  • Tax Census Tract: 5067.02
  • Tax Lot: 15
  • Tax Tract Number: 2697
  • Tax Annual Amount: 22755.00
  • Tax Year: 2025
  • TaxOtherAnnualAssessmentAmount: 2587.50

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $22,105 $1,657,310 $1,183,794 $473,516
2024 $22,105 $1,624,815 $1,160,583 $464,232
2023 $21,816 $1,592,957 $1,137,827 $455,130
2022 $21,662 $1,561,723 $1,115,517 $446,206
2021 $21,189 $1,531,102 $1,093,645 $437,457
2020 $20,572 $1,515,404 $1,082,432 $432,972
2019 $20,209 $1,485,691 $1,061,208 $424,483
2018 $19,528 $1,456,560 $1,040,400 $416,160
2017 $19,190 $1,428,000 $1,020,000 $408,000
2016 $18,031 $1,400,000 $1,000,000 $400,000
2015 $9,379 $662,520 $319,801 $342,719
2014 $8,996 $649,543 $313,537 $336,006
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2026 02/04/26 For Sale $1,999,000 +42.8% $635 / Sq Ft
08/31/2015 08/31/15 Sold $1,400,000 +8.6% $444 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,288,888 -- $409 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26025590

California Regional Multiple Listing Service (CRMLS)

APN: 404-31-006

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