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.
MLS #
ML81974874
MLS Source
MLSListings, Inc.
Days on Site
97
Development Status
Other
Existing Structures
Other
Fencing
Other
Lot Description
Other
Utilities
Public Utilities, Public Utilities, Water - Public
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Zoning
P-D
132 Kennedy Ave is in Campbell, CA 95008. This Land is currently priced at $1,999,000.
This address can also be written as 132 Kennedy Ave, Campbell, CA 95008.©2024 MLSListings 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 MLSListings Inc.
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This listing information is up-to-date as of October 31, 2024. For the most current information, please contact Bobby Ohadi, (408) 800-0808