Investment Opportunity, many possibilities for developer. My grandmother built a convalescent hospital in 1959 and converted it to Day Care, licensed for 100 children, in 1971. The school is 3904sf with a paved parking area, a play area and off street parking. The .60 parcel, also includes a 1200sf, 3bd/1ba single family home with a fenced yard. Built in 1920, this home is considered historical, a craftsman style home and can not be demolished. It can be remodeled and it has a full basement with access from outside, so much can be done. A 1200sqft ADU would be allowed behind it. I had a virtual meeting with the City of Campbell Planning about the possibilities. The daycare is occupied with a tenant that pays $8000 a month, and the house has the potential to be at least $3500. That's $11,500 a month income while planning the development and applying for permits or lot splits. The property can easily be split into 2 lot, most likely 3 and very possibly 4 with one flag lot. If the lot is split they will all need to be residential and the daycare will no longer be allowed. A local developer may be able to do more! I have all the original plans and documents going back to the 1971.
MLS #
ME224054352
MLS Source
MetroList Services, Inc.
Days on Site
119
# Buildings / # Units
0
Loading Facility
DoorDriveIn
Parking Spaces
15
Present Use
Mixed
Utilities
Natural Gas Available, Other, Water - Public
Flooring
Carpet, Linoleum, Wood
Cooling
Central Forced Air
Heating
Gas
Roof
Composition
Foundation
Raised, Concrete Perimeter and Slab
Water
Public
Zoning
R-1-6
# Buildings | # Leased Units | # Total Units |
---|---|---|
0 | – | – |
1190 W Latimer Ave is a Commercial Sale in Campbell, CA 95008. This 5,104 square foot property sits on a 0.6 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,490,000 and was built in –.
This address can also be written as 1190 W Latimer Ave, Campbell, CA 95008.©2024 MetroList Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MetroList Services, Inc.
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This listing information is up-to-date as of September 02, 2024. For the most current information, please contact Carlene Bloodworth, (916) 849-1873