Upgraded Quadplex with Individual
For Sale
$2,499,800
212 Wilton Dr, Campbell, CA 95008
Four-unit property with updated interiors, in-unit laundry, central HVAC, and garage parking near downtown Campbell and Los Gatos.
Property Size3,747 SF
Price / SF$667.15
Days on Market45
Property Features for 212 Wilton Dr
General Information
Standard status
Active
Size
3,747 SF
Property subtype
Business Opportunity
Building Details
Year Built
1963
Listing Agency:
Intero Real Estate Services
(408) 996-8100
Listed By:
Moise Nahouraii · License #00654439
Source:
Homeisv
Added: Jul 17
Changed: Aug 29
Last Checked: Aug 25 at 4:51AM
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
Investment Insights
Based on property information with market context.
This four-unit property at 212 Wilton Dr. in Campbell includes 3,747 square feet of building area and was built in 1963. The units feature central heat and air conditioning, granite kitchen counters, extensive cabinetry, roll-out pantries, lazy Susans, dual-pane windows, ceiling fan/light fixtures, laminate flooring, and remodeled bathrooms. Full-size washers and dryers are located inside the units. Dining areas are present in three units, while Units 3 and 4 each include two primary bedrooms.
Each unit has an individual garage with an automatic opener, shelving, and loft storage. The property also provides one open parking space, additional guest parking, and a rear picnic area. A new energy-efficient central water heater was installed one year ago. The property is near Safeway, restaurants, shopping, Plaza Movies, VTA bus and train service, Vasona Creek Trail, Morgan Park, downtown Campbell, and Los Gatos.
Each unit has an individual garage with an automatic opener, shelving, and loft storage. The property also provides one open parking space, additional guest parking, and a rear picnic area. A new energy-efficient central water heater was installed one year ago. The property is near Safeway, restaurants, shopping, Plaza Movies, VTA bus and train service, Vasona Creek Trail, Morgan Park, downtown Campbell, and Los Gatos.
Key Highlights
- Four‑unit property with 3,747 square feet of building area
- Individual garages with automatic openers, shelving, and loft storage
- Central heat and air conditioning throughout the units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$83,529
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,670,580
$1.7M
Cap Rate 7%
$1,193,271
$1.2M
Cap Rate 9%
$928,100
$928.1K
Market Conditions
NOI Build-Up for 3,747 SF
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.
Gross rent
$125.9K $33.60/SF
− Vacancy
−$6.6K −$1.75/SF
EGI
$119.3K $31.85/SF
− OpEx
−$35.8K −$9.55/SF
NOI
$83.5K $22.29/SF
Area
Santa Clara County, CA
Vacancy
5.22%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,670,580
Cap Rate 7%
$1,193,271
Cap Rate 9%
$928,100
Alternative Uses
Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M
NOI $83,529 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$1.02M
$890.3K – $1.19M
NOI $71,223 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,348 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,934
Businesses Nearby
Explore this area
Business Placement
Demographics for 95008, CA
49,038
Population
20,013
Households
2.5
Avg Household Size
39
Median Age
59%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
7,544
Density / Sq Mi
$142,841
Median Household Income
$84,022
Median Earnings
$2,694
Median Rent
$1,578,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with updated interiors, in-unit laundry, central HVAC, and garage parking near downtown Campbell and Los Gatos.
Where is this quadplex located?
The property is located at 212 Wilton Dr Campbell, CA.
What is the asking price?
The asking price for this property is $2,499,800.
What are key features of this property?
This property features: Four‑unit property with 3,747 square feet of building area; Individual garages with automatic openers, shelving, and loft storage; Central heat and air conditioning throughout the units
