2243 Tomasina Ct Campbell, CA 95008-6221
Property profile & analytics
2243 Tomasina Ct Campbell, CA 95008-6221
- Apartment buildings
- 4,650 SF
- 0.19 lot acres
Property ID
US10-3153409
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 2243 Tomasina Ct
- Year built
- 1959
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Property size
- 4,650 SF
- Zone code
- R3
- Property type
- Apartment buildings
- APN
- 414-05-027
- APU
- 41405027
Description
This exceptional investment opportunity presents a six-unit apartment building situated on a sizable 8,400 square foot lot at 2243 Tomasina Ct, Campbell, CA 95008. The property, built in 1959 and boasting 4,650 square feet, offers a desirable unit mix including one three-bedroom/two-bathroom unit, one two-bedroom/one-bathroom unit, three one-bedroom/one-bathroom units, and one studio. Recent capital improvements include new dual-pane windows, enhancing energy efficiency and comfort. Modern amenities such as white and stainless steel appliances, carports, and coin-operated laundry add to the property's appeal. The building currently generates a Net Operating Income (NOI) of $126,835, representing a 5.78% cap rate, with a pro-forma NOI of $147,976 and a pro-forma cap rate of 6.74%. The asking price is $2,195,000, translating to $472.04 per square foot and $365,833.33 per unit. The land value is $274 per square foot. Conveniently located near the border of San Jose and Campbell, this property offers easy access to Highways 85 and 17, and is less than a ten-minute drive to Downtown Campbell. Its proximity to major tech employers like Netflix and Roku further enhances its investment potential. The property is a two-story building, with the Assessor's Parcel Number (APN) being 414-05-027. This is a prime opportunity for investors seeking strong returns in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,080,000
- ML approach
- $2,080,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,475,000
- 6.5%
- $1,360,000
- 7%
- $1,265,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,263,000
Market price range: $944k - $2.26M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $1,910,000 Current use
- OFFICE BUILDING
- $2,660,000 Change: +40% Conversion: Moderate
- RETAIL STORES
- $2,090,000 Change: +9% Conversion: Difficult
- WAREHOUSE, STORAGE
- $1,655,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Campbell
- County
- Santa Clara
- State
- California
- Longitude
- -121.94
- Latitude
- 37.2709
- CBSA code
- 41940
- CBSA name
- SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$28,422
$1,146,104
$955,617
$2,101,721
-
$0.00
$0.00
$0.00
