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Remodeled 4-Plex with Garages

212 Wilton Drive Campbell, CA 95008

New
212 Wilton Drive, Campbell, CA, 95008
$2,499,800
For Sale
$2,499,800

Remodeled 4-plex near Los Gatos border features central heat/AC, in-unit washer/dryers, dual-pane windows, and individual garages.

Property Size3,747 SF
Price / SF$667.15
Days on Market3

Property Features for 212 Wilton Drive

General Information

Standard status
Active
Size
3,747 SF
Property subtype
Multi Family

Building Details

Year Built
1963
Listing Agency Intero Real Estate Services
Listed by Moise Nahouraii · License #00654439
Source Exitrealty
Added: Jul 17 Checked: Jul 19 at 1:43 am

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 remodeled 4-plex offers tenant-preferred in-unit conveniences and updated finishes across the homes. Each unit is described as having central heat/AC (no wall furnace), a modern kitchen with granite counters, ample cabinet storage, and roll-out pantry features. Units are further noted with full-size inside washer/dryers, easy-clean remodeled bathrooms, dual-pane windows, and ceiling fan/light fixtures. The layout includes dining areas in three units and large rooms with closets and cabinets. Units 3 and 4 are described as having two primary bedrooms. Parking and storage are supported by individual garages with auto-openers, plus shelving/lofts, along with one open space and guest spaces.

The property is located in Campbell near the Los Gatos border and is described as being near Safeway, dining and shopping, Plaza Movies, VTA bus/train, Vasona Creek Trail, and Morgan Park.

The seller is in the process of completing Section 1 termite work (excluding fumigation, with a credit to the buyer) and most property inspection repairs. A new energy-efficient central water heater was installed about one year ago, and the property is described as having lower operating expenses due to tenant-paid trash and minimal exterior maintenance needs.

Key Highlights

  • Remodeled 4‑plex built in 1963 near the Los Gatos border in Campbell
  • Central heat/AC with no wall furnaces, plus dual‑pane windows
  • Remodeled bathrooms and large modern kitchens with granite counters and lots of cabinet/storage features

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 $125.9k $33.60
− Vacancy −$6.6k −$1.75
EGI $119.3k $31.85
− OpEx −$35.8k −$9.55
NOI $83.5k $22.29
3,747 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,529 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$1.02M
$890.3K – $1.19M (±1% cap)
NOI $71,223 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,348 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Grocery & Convenience Store Grocery & Convenience Store Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Dental Office Cosmetic Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store

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

FAQs

What type of property is this?
Quadplex - Remodeled 4-plex near Los Gatos border features central heat/AC, in-unit washer/dryers, dual-pane windows, and individual garages.
Where is this quadplex located?
The property is located at 212 Wilton Drive 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: Remodeled 4‑plex built in 1963 near the Los Gatos border in Campbell; Central heat/AC with no wall furnaces, plus dual‑pane windows; Remodeled bathrooms and large modern kitchens with granite counters and lots of cabinet/storage features
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