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Remodeled Four-Unit Residential Property

205 Burnham Ct Campbell, CA 95008

205 Burnham Ct, Campbell, CA, 95008
$2,100,000
For Sale
$2,100,000

Four well-maintained units with in-unit laundry, garages, and month-to-month leases near downtown Campbell.

Property Size3,100 SF
Price / SF$677.42
Days on Market49

Property Features for 205 Burnham Ct

General Information

Standard status
Active
Size
3,100 SF
Property subtype
Investment

Building Details

Year Built
1963
Listing agency Intero Real Estate Services, Inc.
Listed by Chaya Shahar · License #01507718
Source Elliman
Added: Jun 3 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 9:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Intero Real Estate Services, Inc.


Investment Insights

Based on property information with market context.

This well-maintained four-unit residential income property features a strong unit mix and substantial recent improvements. The ground-floor unit is a spacious 3-bedroom, 2-bath layout with an approximately 1,000 sq. ft. footprint, plus a private yard, storage area, and an attached garage. The remaining three units are 1-bedroom, 1-bath homes of approximately 700 sq. ft. each, with garages on the first floor. All units have been remodeled, including electricity rewiring and reppiping, along with updated kitchens and bathrooms. In-unit washers and dryers are included for each unit, and the property also provides additional parking. Outside, residents benefit from a large, low-maintenance backyard with open space for shared or individual use.

Located in Campbell, the property is positioned in a quiet residential setting with convenient access to downtown Campbell, shopping, dining, and major commute routes.

With all units on month-to-month leases, the property may suit an investor or owner-user looking for a manageable operating setup, while benefiting from the practical mix of garages, in-unit laundry, and outdoor space that supports everyday tenant needs.

Key Highlights

  • Well‑maintained 4‑unit property in Campbell built in 1963, with month‑to‑month leases and long‑term tenants
  • Unit mix: 1 ground‑floor 3BD/2BA approx. 1,000 SF with private yard, storage, and attached garage
  • Three 1BD/1BA units, each approx. 700 SF with garages on the first floor

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $104.2k $33.60
− Vacancy −$5.4k −$1.75
EGI $98.7k $31.85
− OpEx −$29.6k −$9.55
NOI $69.1k $22.29
3,100 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$987.2K
$863.8K – $1.15M (±1% cap)
NOI $69,106 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$841.8K
$736.6K – $982.1K (±1% cap)
NOI $58,925 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,006 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Barber Shop Plumbing Service Big Box & Wholesale Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four well-maintained units with in-unit laundry, garages, and month-to-month leases near downtown Campbell.
Where is this quadplex located?
The property is located at 205 Burnham Ct Campbell, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit property in Campbell built in 1963, with month‑to‑month leases and long‑term tenants; Unit mix: 1 ground‑floor 3BD/2BA approx. 1,000 SF with private yard, storage, and attached garage; Three 1BD/1BA units, each approx. 700 SF with garages on the first floor
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