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786 Sharmon Palms Ln, Campbell, CA, 95008

8beds
4baths
3,150sqft
$1,920,000
$610price/sqft
$12,712/moest. monthly cost
$508,480/yrincome needed

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

14
WalkingCar-Dependent
37
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

8/10
Capri Elementary SchoolGrades K-50.7 mi
9/10
9/10
Westmont High SchoolGrades 9-121.4 mi

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
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
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$435,840/yr
40% on housing$381,360/yr
45% on housing$338,986/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$610This listing

vs Other Active Listings

Avg $/sqft

ZIP 95008$839
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95008$1,264
Santa Clara County$1,052

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

DateEventPrice
2026-05-04Price change$1,920,000
2026-04-13Price change$1,950,000
2026-02-04Listed for sale$1,999,000
2015-08-31Sold$1,400,000
2010-12-08Sold$621,500
2010-08-17Sold$663,750
2006-07-31Sold$930,000
2001-08-06Sold$742,000
1998-12-31Sold$215,000

For Sale by Agent

AgentRamaswamy Ramkumar
BrokerageSabari Realty

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