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 #
ML81977598
MLS Source
MLSListings, Inc.
Days on Site
75
Dining Room
Other
Family Room
Other
Cooling
Other
Heating
Other
Roof
Other
Foundation
Other
Garage/Parking
Other, Garage: 2 Car(s)
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Zoning
P-D
120 Kennedy Ave is a Residential in Campbell, CA 95008. This 1,750 square foot property sits on a 5,663 Sq Ft Lot and features 0 bedrooms & 0 full bathrooms. It is currently priced at $1,699,000 and was built in 2024.
This address can also be written as 120 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 September 11, 2024. For the most current information, please contact Bobby Ohadi, (408) 800-0808