NOT LISTED FOR SALE

149 Adler Ave Campbell, CA 95008

8 Beds
5 Baths
3,747 Sq Ft
7,802 Sq Ft Lot

Last Sold March 15, 2024

Last sale price $1,970,000 $526 Per Sq Ft

130 Days on Market

Highlights

  • Shed
  • Tile Flooring
  • Level Lot
  • Westmont High School Rated A
  • Forced Air Heating and Cooling System
  • Grass Covered Lot

About This Home

As of March 2024

Quality asset in a highly desirable rental market. Well maintained & Very good condition. Very large, fully rented units at near market rents. Excellent unit mix. Units 1, 3 & 4 have forced air heat and units 3 & 4 have Central A/C Private garages with storage and one additional parking space. On-site laundry facility. Numerous capital improvements: Double-pane windows throughout; Partial plumbing repipe with copper; Roof replaced; Water heater; exterior paint; Full remodel of unit 4 including kitchen and bathroom; 80 gallon hot water heater. Located Less than 1 mile from the vibrant Downtown area of Campbell, with close proximity to shopping, entertainment, commuter routes, and major employers in Silicon Valley. Full Marketing package available.

Last Listed By

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 08/28/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,802 Sq Ft Lot
  • Level Lot
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Reinforced Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,747 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $115,500

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,940
  • Maintenance Expense $4,252
  • Other Expense $430
  • Utility Expense $4,000
  • Trash Expense $1,500
  • Operating Expense $42,674
  • Gross Income $114,072

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3747
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3747
  • Stories: 2
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Reinforced Concrete
  • Roof: Shingle
  • Yard/Grounds: Low Maintenance, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces, Covered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Radiant
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1791
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7803.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7803.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.43
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1940
  • Expense Landscape: 1200
  • Expense Maintenance: 4252
  • Expenses Other: 430
  • Expenses Total: 42674
  • Expenses Utility: 4000
  • Expense Trash: 1500
  • Income Annual Gross: 114072.00
  • Income Annual Rental: 115500
  • Income Gross Scheduled: 117600
  • Income Includes: Laundry
  • Income Other: 2100
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $1,970,000 -3.9% $526 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $2,050,000 0.0% $547 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $2,050,000 -4.7% $547 / Sq Ft
08/28/2023 08/28/23 For Sale $2,150,000 -- $574 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Shields

    Seller's Agent in 2024

    Michael Shields

    SiliconValley MultiFamilyGroup

    (408) 356-1900

    2 in this area

    34 Total Sales

    Michael Shields
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Map

Source: MLSListings

MLS Number: ML81940103

MLSListings

APN: 305-37-033

California Santa Clara County Campbell 95008

149 Adler Ave, Campbell, CA

Homes for Sale in Campbell, CA

This home is located at 149 Adler Ave, Campbell, CA 95008 since 28 August 2023. This property was built in 1963. 149 Adler Ave is a home located in Santa Clara County with nearby schools including Westmont High School, Campbell School of Innovation, and Capri Elementary.

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