120 Kennedy AVE
Campbell, CA 95008
- – beds
- – baths
- – sqft
- 5,663 sqft lot
- – on site
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.
Last checked:
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Last updated Oct 31, 2024
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MLS# 81974875 —
This property is listed in more than one place. See it here, and here, and here, and here, and here.
The Building
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Subclass:Residential Development Land
The Property
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Lot Description:Other
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Lot Acres:0.1300
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Lot Size Area Min:5663.00
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Parcel Number:412-02-015
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Parcel Access:Accessible
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Zoning:P-D
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Present Use:Industrial
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Development Status:Other
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Fencing:Other
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Horse Property:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81974875
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Utilities
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Utilities:Public Utilities
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Sewer/Septic System:Sewer - Public
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Water Source:Public
The Community
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HOA:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/21/24
Aug 21, 2024
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Price Changed | MLSLISTINGS | $1,699,000 | -54.1% |
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7/29/24
Jul 29, 2024
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Relisted | MLSLISTINGS | $3,699,000 | 54.1% |
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3/27/24
Mar 27, 2024
|
CRMLS_CA | $2,400,000 |
