212 Wilton Drive, Campbell, California 95008, Campbell, 95008 - 0 bed, 0 bath
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Campbell, California 95008
This Quadruplex Residential Income Asset is a Prime Investment Opportunity, listed at $2,499,800—positioned well below the $2,569,115 Fair Market Value by 2%. This valuation gap offers $69,315 in Instant Equity. Featuring a Condition Rating of 3, the property includes high-demand upgrades like Central HVAC, Granite Kitchens, and In-Unit Laundry. With low operating expenses and rare 4.875% Seller Financing, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, high-yield income property.
Property is move-in ready.
While built in 1963, the property has undergone significant renovations within the 5-15 year range, featuring modern kitchens with granite counters, remodeled bathrooms, and laminate flooring. Systems are well-maintained with central HVAC (rare for this type), dual-pane windows, and a new energy-efficient water heater installed only a year ago.
The owner offers a rare 4.875% fixed 30-year carry-back mortgage with 25% down, providing a significant financial advantage and improved cash flow over current market interest rates.
Unlike typical multi-family assets, these units feature high-demand upgrades including central HVAC, in-unit full-size laundry, and modern kitchens with granite countertops and high-end cabinetry.
The property is optimized for high net income with no landscaping costs, durable laminate flooring to reduce turnover expenses, and a utility structure where tenants pay for trash.
Built in 1963, the property may require future capital expenditures for aging infrastructure and systems that fall outside the scope of the recent cosmetic and appliance upgrades.
The seller is excluding fumigation from the termite clearance work, leaving the buyer responsible for coordinating and potentially funding this critical maintenance step post-closing.
Your opportunity to own one of the best 4-Plexes in top area of Campbell near Los Gatos border providing top features tenants want like: central heat/AC (no wall furnace), large modern kit w/granite counters, lots of cabinets, roll-out pantries, lazy Susans, large rooms, closets/cabinets, full-size inside washer/dryers, easy clean remodeled bathrooms, dual pane windows, ceiling fan/lights, dining areas in 3 units, quality laminate floors, individual garages with auto-openers and lots of shelving/lofts plus 1 open space (2 for 3 br unit)+ guest spaces. Units 3&4 have 2 primary bedrms. Picnic area at rear. Close to Safeway, dining, shopping, Plaza Movies, VTA bus/train, Vasona Creek Trail, huge multi-feature Morgan Park. Near downtown Campbell and Los Gatos. Higher rents + lower vacancy than other comps. Property offers lower expenses: tenants pay trash, no lawn/gardener, low water use, no carpets to replace, no major deferred maintenance. Seller now completing all section 1 termite work, except fumigation (credit will be given to buyer) and most of the property inspection repairs. New energy efficient central water heater 1 year old. Recirculatoin pump *** Owner will carry back first mortgage with 25% or more cash down at a fantastic rate of 4.875% fixed 30 years fully amortized.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,747 | 2,189 |
| Lot Size | 7,942 | 7,638 |
| Price | $2.50M | $1.71M |
| Price per sq ft | $667 | $945 |
| Built year | 1963 | 1961 |
| HOA | $0 | $0 |
| Days on market | 8 | 52 |
Jul 15, 2026
$2,499,800
Initial Listing
Feb 25, 2015
$1,153,000
Public Record
Nov 13, 2002
$246,500
Public Record