120 Kennedy Avenue Campbell, CA 95008

1,750 Sqft
5,663 Sqft lot
0.13 Acre lot
$1,699,000 Est.$6,256 / mo.*
Status: Active
Property Type: Other
Year Built: 2024
Days on Website: 61

Listing courtesy of Bobby Ohadi (CalBRE#02017191), Abode Real Estate {attribution_contact}

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.

Property Details and Features

Building

  • 1750.00 living sqft
  • Built in 2024

Garage

  • 2 garage spaces

Water Features

  • Water source: Public

Listing

  • Listing ID: ML81977598
  • 970.86 per sqft
  • 61 days on market

Location

  • MLS area: 699 - Not Defined
  • County: Santa Clara

Lot

  • 0.13 acres
  • 5,663 sqft

Parking

  • 2 spaces
  • Other

Property

  • Zoning: P-D

Roof

  • Other

Schools

  • High school district: Other

Sewer

  • Public Sewer

This content last updated on October 22, 2024 20:47.