Description
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.
-
0BEDS
-
0.13ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Listing provided courtesy of Bobby Ohadi of Abode Real Estate: 408-800-0808.
Description
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.
© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-10-06T18:49:50.083. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Gilmartin Group. Licensed in the State of California.
Website powered by BoomTown.