




786 Sharmon Palms Ln, Campbell, CA, 95008
About This Home
Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past ten years. Gross TY2025 rental income was $116,420 including $1,520 in laundry cash. The 2025 operating expenses, without accounting for depreciation, were $47,695. At the list price, this yields a GRM of 17 with an estimated Cap Rate of 3.6%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.
Getting Around
Schools
Construction
Condition
- Year built: 1962
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Refrigerator,Range Hood,Vented Exhaust Fan
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Flooring: Carpet,Tile
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Property
Accessibility
- Accessibility features: Parking
Details
- Parcel number: 40431006
- Attached to another structure: Yes
- Zoning: R2S
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Lot size: 8,064 sqft
- Features: 21-25 Units/Acre
Parking
- Total spaces: 12
- Parking features: Carport
- Has garage: Yes
- Attached garage spaces: 6
- Covered spaces: 12
- Carport: Yes
- Carport spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,708 | $116,496 |
| Home Insurance * | $134 | $1,608 |
| Property Taxes | $2,195 | $26,340 |
| Electricity | $675 | $8,105 |
| Total | $12,712 | $152,544 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $1,920,000 |
| 2026-04-13 | Price change | $1,950,000 |
| 2026-02-04 | Listed for sale | $1,999,000 |
| 2015-08-31 | Sold | $1,400,000 |
| 2010-12-08 | Sold | $621,500 |
| 2010-08-17 | Sold | $663,750 |
| 2006-07-31 | Sold | $930,000 |
| 2001-08-06 | Sold | $742,000 |
| 1998-12-31 | Sold | $215,000 |
