786 Sharmon Palms Lane, Campbell, California 95008, Campbell, 95008 - bed, bath
786 Sharmon Palms Lane
Campbell, California 95008
Property Price
SUMMARY
Analysis of 786 Sharmon Palms Lane, Campbell, California 95008 is currently available with a list price of $1,999,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Campbell Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1962, the property has been 'maintained and improved by seller over the past ten years,' which is evident in the images. The units feature updated laminate flooring, fresh paint, and modern recessed lighting in living areas. The kitchens have updated cabinets, granite-look countertops, and functional white appliances. Bathrooms include updated vanities and clean fixtures. While some elements like the kitchen floor tile and bathroom shower tile show some age, the overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Multi-Unit Investment
This 4-unit quadruplex offers a diversified income stream, making it a robust investment opportunity in a sought-after market.
- Excellent Location & Accessibility
Situated in a desirable Campbell area, the property boasts easy access to freeways, expressways, shops, schools, and parks, ensuring high tenant demand.
- Recent Property Improvements
The seller has maintained and improved all units over the past ten years, potentially reducing immediate capital expenditure for the new owner.
CONSRISKS & DEFICIENCIES
- Low Capitalization Rate
The estimated 3.5% Cap Rate suggests a relatively low return on investment for the asking price, which may not align with all investors' cash flow objectives.
- High Gross Rent Multiplier (GRM)
A GRM of 17 indicates the property is priced at a premium relative to its gross annual income, potentially limiting immediate cash flow.
- Age of Property
Built in 1962, the property is over 60 years old. While maintained, it may eventually require significant capital expenditures for major system replacements (e.g., roof, plumbing, electrical) not explicitly detailed as updated.
About 786 Sharmon Palms Lane
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1962
- Lot Size
- 8,064 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,150 | 3,150 | 50% |
| Lot Size | 8,064 | 8,064 | 50% |
| Price | $2.00M | $1.80M | 86% |
| Price per sq ft | $635 | $635 | 50% |
| Built year | 1962 | 1962 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 173 | 14% |
Pricing History
Listed for Sale
Feb 4, 2026
$1,999,000
Initial Listing
Sold
Aug 31, 2015
$1,400,000
Public Record
Sold
Dec 8, 2010
$621,500
Public Record
Sold
Jul 31, 2006
$930,000
Public Record
Sold
Aug 6, 2001
$742,000
Public Record
Sold
Dec 31, 1998
$215,000
Public Record