
Campbell, California 95008
This 4-plex is a High-Potential Investment Opportunity, listed at a List Price of $1,800,000—positioned slightly above the $1,734,332 Fair Market Value. Despite the premium, the property offers a stable, turn-key income stream with 100% occupancy and separate utility metering. Featuring a Condition Rating of 3, the building benefits from recent exterior stucco and paint updates. Located in a high-demand area with Top-Rated Schools (8/10 and 9/10), this asset is ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate, low-maintenance cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 765 Sharmon Palms Lane Subject 0 bd · 0 ba · 3,328 sqft · $521 | $1,800,000* List Price | 0 | 0 | 3,328 | $521 | - |
A 35 Lavonne Drive Sold 0 bd · 0 ba · 3,535 sqft · $509 · 1.0 mi | $1,800,000 | 0 | 0 | 3,535 | $509 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1961, the property is well-maintained and functional with significant recent updates, including a new exterior stucco finish (2019/2020), fresh exterior paint (2026), and updated interior units featuring modern luxury vinyl plank flooring and clean, move-in ready kitchens.
Situated in highly desirable Campbell with proximity to major tech employers and top-rated schools (8/10 and 9/10), ensuring high tenant demand and long-term appreciation.
The property is 100% occupied with separate utility meters for gas and electricity, providing a stable, turn-key income stream with reduced overhead for the owner.
Significant exterior updates, including a new stucco finish in 2019/2020 and a fresh paint job in 2026, minimize immediate maintenance costs and enhance curb appeal.
Originally built in 1961, the property may require ongoing maintenance or future upgrades to aging systems despite recent cosmetic and exterior improvements.
The lack of dishwashers in all units and the reliance on a shared laundry facility rather than in-unit hookups may limit the ability to command top-tier market rents.
765 Sharmon Palms is a well-maintained 4-plex (3,328 sf bldg on a large 8,023 sf lot) that is located in highly desirable Campbell, near top employers and popular retail, dining, and entertainment hubs like Westgate Center, downtown Campbell, and The Pruneyard. Nearby San Tomas Expwy, Highway 17, and Highway 85 allow for easy access to local employers. Each unit has two bedrooms, one bathroom, and a functional layout (large living room, full kitchen w/ a dining area, good-sized bedrooms); the lower units have a private patio while the upper units have a private deck and pitched living rm ceilings; 3 of the units have a dishwasher. All units are occupied, providing a stable income stream right away; tenants pay for their own gas/electricity due to separate meters. There is a professionally-operated laundry room; 4 carport parking spaces (assigned); 3 open parking spaces (unassigned); and, attractive/easy-to-maintain landscaping. The building exterior was updated with a new stucco finish in 2019/2020 and was re-painted in 2026. The public schools are rated 8/10 for the elementary and 9/10 for the middle/high schools by a school rating website. With the bldg being 100% rented, well-maintained, and located in Campbell, this 4-plex is an exceptional turn-key investment opportunity.
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 | 3,328 | 2,542 |
| Lot Size | 8,023 | 7,485 |
| Price | $1.80M | $1.79M |
| Price per sq ft | $541 | $914 |
| Built year | 1961 | 1963 |
| HOA | $0 | $0 |
| Days on market | 32 | 44 |
Sep 22, 2026
$1,800,000
Initial Listing