203 Wilton Drive, Campbell, California 95008, Campbell, 95008 - bed, bath

203 Wilton Drive, Campbell, California 95008 home-pic-0
ACTIVE UNDER CONTRACT$1,899,999
203 Wilton Drive, Campbell, California 95008
0Bed
0Bath
3,747Sqft
7,852Lot
Year Built
1963
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$507
HOA
-
Days on market
63 Days
Sold On
2025-11-24
MLS number
ML82022469
Home ConditionGood
Features
Patio
View-

About this home

Great Deal:The estimated price is 5% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.90M(50th), sqft - 3747(63th), beds - undefined(50th), baths - undefined(50th).

This amazing Campbell 4-plex offers a fantastic stable cash flow with strong income. This is a rare find with each unit having access to individual yard spaces. This property has been well maintained with copper plumbing, newer exterior paint, roof replacement in 2015, newly remodeled Apt #4 and recently remodeled Apt #3. This property boasts an impressive 3,747 +/- square feet with a large 3 bed/2 bath apartment downstairs, a generous size 1 bed/1bath downstairs and two spacious 2 bed/1 bath units upstairs. The pictures enclosed are of Units 2 and 4. Unit 2 is currently vacant and the gross income disclosed includes a pro-forma for Unit 2 of $2,300/month based on the last tenant rental amount. There are minimal pictures due to tenant privacy. All offers will be subject to buyer's investigation and access to all units. Walk to amenities such as John D Morgan Park and to conveniences at the end of the block such as Safeway and other retail stores. In addition, this prime Campbell location is less than one mile away from Downtown Campbell. Income and expense numbers are approximate.

Price History

Date
Event
Price
09/22/25
Listing
$1,899,999
Condition Rating
Good

This 1963-built 4-plex has undergone significant recent updates, including a roof replacement in 2015, copper plumbing, newer exterior paint, and 'newly' or 'recently' remodeled units (#3 and #4). The images confirm modern updates in at least one kitchen (stainless steel appliances, white shaker cabinets, wood-look flooring) and a bathroom (new vanity, modern toilet). While one kitchen shown (Unit #2) features older white appliances and traditional wood cabinets, and popcorn ceilings are present, the overall property is well-maintained, move-in ready, and benefits from substantial capital improvements to major systems and two of the four units, aligning with a 'Good' condition rating.
Pros & Cons

Pros

Prime Campbell Location: Excellent walkability to amenities such as John D Morgan Park, Safeway, and other retail stores, coupled with proximity to desirable Downtown Campbell, significantly enhances tenant appeal and property value.
Stable Cash Flow Quadruplex: This rare 4-plex offers fantastic stable cash flow with strong income potential, making it an attractive investment for those seeking consistent rental returns in a desirable market.
Recent Capital Improvements: The property has been well-maintained with significant updates including copper plumbing, newer exterior paint, a roof replacement in 2015, and recently remodeled units (#3 and #4), reducing immediate capital expenditure for a new owner.
Individual Yard Spaces: A unique and highly desirable feature for a multi-unit property, each unit having access to individual yard spaces enhances tenant satisfaction and rental demand.
Diverse Unit Configuration: The property boasts a versatile mix of unit sizes, including a large 3 bed/2 bath, a generous 1 bed/1 bath, and two spacious 2 bed/1 bath units, catering to a broader tenant demographic and optimizing rental income potential.

Cons

Vacant Unit & Pro-Forma Income: Unit 2 is currently vacant, and the disclosed gross income includes a pro-forma estimate for this unit, meaning the full income potential is not yet realized and requires successful tenant placement.
Limited Property Visuals: The listing explicitly states 'minimal pictures due to tenant privacy,' which restricts a comprehensive visual assessment for potential buyers and may necessitate more extensive in-person visits.
Approximate Financial Data: The income and expense numbers are noted as 'approximate,' requiring thorough buyer investigation and verification to confirm the property's precise financial performance and projections.

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