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Address not disclosed Campbell, CA 95008
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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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Bought with May Cheung Realty World Golden Hills
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