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Listed by Bobby Ohadi • Abode Real Estate
$ 1,699,000
Est. payment | /mo
1,750 SqFt
$ 1,699,000
Est. payment | /mo
1,750 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $970
MLS Listing ID ML81977598
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 2024
Lot Size 5,663 Sqft
Property Description
Rare chance to develop in a prime Campbell location! Discover an exceptional investment opportunity with these 2 adjacent parcels, perfect for a visionary developer. Nestled within walking distance to the vibrant downtown Campbell, this site offers unparalleled access to an array of dining, shopping, & entertainment. With the potential to build 5 modern townhomes or 10 condos, this project is an ideal fit for those looking to create high-demand living in a highly sought-after area. The existing structures on the property provide immediate rental income ($110,000), allowing the new owner to benefit from current tenants while navigating the entitlements process. Additionally, the parcels are situated in a rapidly appreciating neighborhood, enhancing the investments potential for significant future returns. The areas strong demand for housing, combined with its proximity to excellent schools, public transportation, and major tech employers, makes this an unparalleled opportunity to capitalize on a booming real estate market. Don't miss this rare opportunity to make a mark in one of Campbell's most desirable locations. Whether youre looking to develop high-end residential units or seeking a lucrative investment with immediate returns, this property offers the best of both worlds.
Location
State CA
County Santa Clara
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Garage Spaces 2.0
Private Pool false
Building
Foundation Other
Water Public
Schools
School District Campbell Unified School District, Campbell Unified School District
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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Paul LeJoy
Broker-Owner | Lic# 01467744