203 Wilton Drive, Campbell, California 95008, Campbell, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,899,999
203 Wilton Drive, Campbell, California 95008
0Bed
0Bath
3,747Sqft
7,852Lot
Year Built
1963
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
-
HOA
-
Days on market
63 Days
Sold On
2025-11-24
MLS number
ML82022469
Home ConditionGood
Features
View-

About this home

This amazing Campbell 4-plex offers a fantastic stable cash flow with strong income. This is a rare find with each unit having access to individual yard spaces. This property has been well maintained with copper plumbing, newer exterior paint, roof replacement in 2015, newly remodeled Apt #4 and recently remodeled Apt #3. This property boasts an impressive 3,747 +/- square feet with a large 3 bed/2 bath apartment downstairs, a generous size 1 bed/1bath downstairs and two spacious 2 bed/1 bath units upstairs. The pictures enclosed are of Units 2 and 4. Unit 2 is currently vacant and the gross income disclosed includes a pro-forma for Unit 2 of $2,300/month based on the last tenant rental amount. There are minimal pictures due to tenant privacy. All offers will be subject to buyer's investigation and access to all units. Walk to amenities such as John D Morgan Park and to conveniences at the end of the block such as Safeway and other retail stores. In addition, this prime Campbell location is less than one mile away from Downtown Campbell. Income and expense numbers are approximate.

Price History

Date
Event
Price
09/22/25
Listing
$1,899,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot3,7472,992
71%
Lot Size7,8527,852
50%
Price$1.9M$1.8M
57%
Price per square foot$507$601
14%
Built year19631963
50%
HOA
Days on market44133
14%
Condition Rating
Good

Despite being built in 1963, this 4-plex has undergone significant recent updates. The description notes copper plumbing, newer exterior paint, and a roof replacement in 2015 (9 years ago). Apt #4 is 'newly remodeled,' and Apt #3 is 'recently remodeled.' The images of Units 2 and 4 confirm these updates, showcasing modern wood-look laminate flooring, fresh paint, and an updated bathroom with a modern vanity. One kitchen (likely Unit 4) features modern white cabinets, stainless steel appliances, and a contemporary faucet, while the other (likely Unit 2) has older but well-maintained wood cabinets and white appliances. Both kitchens, however, feature tile countertops, which are clean but a bit dated. Overall, the property is well-maintained and move-in ready, aligning with the 'Good' score criteria for extensive renovations within the last 5-15 years and functional, updated systems.
Pros & Cons

Pros

Exceptional Location: Prime Campbell location, less than one mile from Downtown Campbell, offering excellent walkability to John D Morgan Park, Safeway, and other conveniences.
Robust Income Potential: Advertised as providing 'fantastic stable cash flow with strong income,' positioning it as a solid investment opportunity.
Substantial Capital Upgrades: Features significant property-wide improvements including copper plumbing, newer exterior paint, and a 2015 roof replacement, minimizing immediate maintenance concerns.
Desirable Tenant Amenities: A rare find with each unit benefiting from individual yard spaces, a highly attractive feature for tenants that can enhance retention and rental value.
Updated Units & Diverse Layouts: Two units (Apt #3 and #4) have been recently remodeled, complemented by a versatile unit mix (3/2, 1/1, two 2/1s) appealing to a broad tenant base.

Cons

Incomplete Financial Data: Income and expense figures are approximate, and the gross income includes a pro-forma for a vacant unit, necessitating thorough financial verification by the buyer.
Current Vacancy & Income Uncertainty: One unit is currently vacant, meaning the stated income is partially pro-forma, which could lead to a temporary dip in actual cash flow until a new tenant is secured.
Limited Visual Access: Minimal interior pictures are provided due to tenant privacy, potentially hindering initial buyer interest and requiring more extensive physical inspections for full assessment.

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