$2,120,000
$1,788,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
240 Adler AVE Campbell, CA 95008
9 Beds
5.5 Baths
4,186 SqFt
Key Details
Sold Price $2,120,000
Property Type Multi-Family
Sub Type Fourplex
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
Bedrooms 9
Full Baths 5
Half Baths 1
Year Built 1968
Lot Size 9,954 Sqft
Property Sub-Type Fourplex
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 Campbell
Zoning R-2
Rooms
Kitchen Dishwasher
Interior
Heating Forced Air
Cooling Other
Laundry Coin Operated
Exterior
Parking Features Attached Garage, Carport
Garage Spaces 5.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 305-38-043
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Bought with May Cheung • Realty World Golden Hills