Active
120 Kennedy AVE
CAMPBELL CA, 95008
$1,699,000
$300.03 per sqft
Active
0.13 Acres
Land
Listed by Abode Real Estate, Bobby Ohadi, Listing Contact: 4088000808
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.
ML81974875
MLSⓇ ID
July 29, 2024
Listed
October 31, 2024
Updated
Map
120 Kennedy AVE
CAMPBELL CA, 95008
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Public Sewer
School Information
School District
Campbell Union Elementary
Other Property Details
Area Name
Campbell
Garage
No
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
P-D
Listing History
Date | Event | Price |
---|---|---|
8/22/2024 | Price change | $1,699,000 -55% |
Listed by Abode Real Estate, Bobby Ohadi,
Listing Contact: 4088000808
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Paul Burdick | CA DRE# 00877117 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:38 AM UTC, 10/31/2024