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
Price:
$1,699,000
MLS #:
ML81974875
Status:
Active
Baths:
0
Address:
120 Kennedy Avenue 41202015
Type:
Land
Neighborhood:
699notdefined
City:
Campbell
Listed Date:
Jul 29, 2024
State:
CA
ZIP:
95008
Lot Size:
5,663 sqft / 0.13 acres (approx)
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- Address120 Kennedy Avenue 41202015 Campbell CA
- Area699 – Not Defined
- CityCampbell
- CountySanta Clara
- Zip Code95008
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Courtesy of Abode Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
120 Kennedy Avenue 41202015
Campbell, CA
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