786 Sharmon Palms Ln Campbell, CA 95008
San Tomas NeighborhoodEstimated payment $12,194/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: PW26025590
APN: 404-31-006
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Ask me questions while you tour the home.