4-Unit Apartment
765 Sharmon Palms LN, Campbell, CA 95008
For Sale
$1,800,000
All four apartments are occupied, with separately metered gas and electricity paid by residents.
Property Size3,328 SF
Lot Size0.18 Acres
Price / SF$540.87
Days on Market49
Property Features for 765 Sharmon Palms LN
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
laundry room
landscaping
Building Details
Building Size
Year Built
Year Renovated
Buildings
Tenancy
Listing Agency:
Coldwell Banker Realty
Listed By:
Mike Vick · License CA #00922261
(408) 309-7357
Source:
Lynnnorth
Added: Sep 22
Changed: Nov 2
Last Checked: Nov 8 at 2:33PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This four-unit apartment property contains 3,328 square feet on an 8,023-square-foot lot. Each apartment has two bedrooms, one bathroom, a living room, and a kitchen with dining space. Ground-floor homes open to private patios; upper-level homes feature private decks and pitched living room ceilings. Three units have dishwashers. The property also includes a professionally operated laundry room, four assigned carport spaces, and three unassigned open spaces. The exterior received new stucco in 2019/2020 and was repainted in 2026. All units are occupied, and separate meters allow residents to pay their own gas and electricity bills.
The property is in Campbell, near Westgate Center, downtown Campbell, and The Pruneyard. San Tomas Expressway, Highway 17, and Highway 85 provide access to local employers.
The property is in Campbell, near Westgate Center, downtown Campbell, and The Pruneyard. San Tomas Expressway, Highway 17, and Highway 85 provide access to local employers.
Key Highlights
- Four occupied apartments, each with two bedrooms and one bathroom
- 3,328‑square‑foot building on an 8,023‑square‑foot lot
- Private patios for lower apartments; upper apartments have decks and pitched living room ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,151
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,020
$1.5M
Cap Rate 7%
$1,073,586
$1.1M
Cap Rate 9%
$835,011
$835.0K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$111.8K $33.60/SF
− Vacancy
−$4.5K −$1.34/SF
EGI
$107.4K $32.26/SF
− OpEx
−$32.2K −$9.68/SF
NOI
$75.2K $22.58/SF
Area
Santa Clara County, CA
Vacancy
3.99%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,020
Cap Rate 7%
$1,073,586
Cap Rate 9%
$835,011
Alternative Uses
Best Use
Multifamily LT 5
$1.07M
$939.4K – $1.25M
NOI $75,151 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$992.0K
$868.0K – $1.16M
NOI $69,440 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,642 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
710
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
$1,578,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Santa Clara County, CA
Properties on Market for Quadplexes in Santa Clara County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - All four apartments are occupied, with separately metered gas and electricity paid by residents.
Where is this quadplex located?
The property is located at 765 Sharmon Palms LN Campbell, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four occupied apartments, each with two bedrooms and one bathroom; 3,328‑square‑foot building on an 8,023‑square‑foot lot; Private patios for lower apartments; upper apartments have decks and pitched living room ceilings
