Quadplex with Central
For Sale
$2,499,800
212 Wilton DR, Campbell, CA 95008
Residential Income (2-4 units), CAMPBELL, CA
Property Size3,747 SF
Lot Size0.18 Acres
Price / SF$667.15
Days on Market44
Property Features for 212 Wilton DR
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
9
Rooms
Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1
Parking
6
Parking features
Garage - Detached, Open, On Street
Appliances
Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave
Lot features
Grade - Level
Subdivision
Campbell
Standard status
Active
Size
3,747 SF
Lot size
0.18 Acres
Utilities
Heating system
Natural Gas, Forced Air, Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
central heat/AC
granite counters
roll-out pantries
lazy Susans
full-size inside washer/dryers
remodeled bathrooms
dual pane windows
ceiling fan/lights
dining areas
quality laminate floors
individual garages with auto-openers
shelving/lofts
picnic area
energy saving hot water recirculation pump
new energy efficient central water heater
Building Details
Year built
1963
Number of units
4
Flooring type
Linoleum, Laminate
Building materials
Wood Frame
Roof type
Composition
Listing Agency:
Intero Real Estate Services
(408) 741-1600
Listed By:
Moise Nahouraii · License #00713973
(408) 314-8696
Added: Jul 18
Changed: Aug 21
Last Checked: Aug 30 at 5:06PM
MLS# ML82054392
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit residential income property contains 3,747 square feet on a 0.1823-acre lot and was built in 1963. The units feature central heating and air conditioning, dual-pane windows, ceiling fans with lighting, laminate flooring, and dining areas in three units. Kitchens include granite countertops, generous cabinetry, roll-out pantries, and lazy Susans, while the bathrooms have been remodeled. Each unit includes a full-size washer and dryer inside the residence. Detached individual garages provide automatic openers, shelving, and loft storage, with additional open and guest parking available.
The property is located in Campbell near the Los Gatos border, with access to Safeway, restaurants, shopping, Plaza Movies, VTA bus and train service, Vasona Creek Trail, and Morgan Park. Downtown Campbell and Los Gatos are also nearby. The property is zoned R-2 and includes a rear picnic area, public water service, a composition roof, and a one-year-old energy-efficient central water heater.
The property is located in Campbell near the Los Gatos border, with access to Safeway, restaurants, shopping, Plaza Movies, VTA bus and train service, Vasona Creek Trail, and Morgan Park. Downtown Campbell and Los Gatos are also nearby. The property is zoned R-2 and includes a rear picnic area, public water service, a composition roof, and a one-year-old energy-efficient central water heater.
Key Highlights
- 3,747‑square‑foot quadplex on a 0.1823‑acre lot
- R‑2 zoning with four residential units
- Central heating and air conditioning throughout
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
Property Profile
Current Use
Lease Details
4
Residential units
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Updated interiors include granite kitchens, full-size in-unit laundry, and remodeled bathrooms.
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: 3,747‑square‑foot quadplex on a 0.1823‑acre lot; R‑2 zoning with four residential units; Central heating and air conditioning throughout
