Address not disclosed, Campbell, CA 95008
$2,120,000
$1,788,000
18.6%
Est.Price: ?

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4,186 SqFt

Address not disclosed Campbell, CA 95008

Est. payment /mo
SOLD DATE : 04/27/2022

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Key Details

Sold Price $2,120,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,186 sqft

Price per Sqft $506

MLS Listing ID ML81880982

Sold Date 04/27/22

HOA Y/N No

Year Built 1968

Annual Tax Amount $24,352

Lot Size 9,953 Sqft

Property Sub-Type Quadruplex

Property Description

The Magnify Investment Team is pleased to exclusively present the opportunity to acquire 240 Adler Ave, four (4) unit multi-investment property located in the core of Campbell. Constructed in 1968, the property consists of (1) 3-bedroom/2-bath unit, (1) 3-bedroom/1.5bath unit, (1) 2-bedroom/1-bath unit and (1) 1-bedroom/1-bath unit amounting to a building square footage of 4,186. The property sits on almost a quarter acre of land with strong upside in rents, an attached four car garage, a detached single car garage and a two-car carport. The property is in an excellent location, with nearby access to San Tomas Expressway and HWY 17, and a short distance to Downtown Campbell. The two long term tenants are on month-to-month leases while the other tenants are on year-to-year leases. This property is NOT subject to San Jose's Rent Ordinance and there has not been a rent increase this year or the year before.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R-2

Interior

Heating Forced Air

Fireplace No

Appliance Dishwasher

Exterior

Parking Features Carport

Garage Spaces 5.0

Carport Spaces 2

Garage Description 5.0

Roof Type Composition

Accessibility None

Total Parking Spaces 3

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 30538043

Financing Cash

Special Listing Condition Standard

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Listed by Kyle De Mattei Katz Inc #02146792
Bought with May Cheung Realty World Golden Hills
Jessica Lam

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