120 Kennedy Avenue, Campbell, CA 95008
- $2,970,000
- List Price
- $2,970,000
- Status
- ACTIVE
- MLS#
- ML82063000
- Lot Size
- 11,285
- Acres
- 0.26
- Days on Market
- 0
- Property Type
- Land
Property Description
Delivered with Planning Approval for 9 Townhomes! Exceptional opportunity to acquire two adjacent parcels in a prime Campbell location with seller-delivered planning approval for a 9-townhome development. This offering is ideally suited for a developer seeking a substantially de-risked project with entitlement work completed prior to closing. The property is located within walking distance of Downtown Campbell, offering convenient access to dining, shopping, entertainment, transit, excellent schools, and major Silicon Valley tech employers. The existing improvements generate approximately $100,000 in annual rental income, providing attractive in-place cash flow prior to redevelopment. With planning approval for 9 townhomes, strong existing income, and a highly desirable infill location, this is a rare opportunity to acquire a development-ready residential project in one of Campbells most sought-after neighborhoods.
Additional Information
- Sewer
- Public Sewer
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Bobby Ohadi (bobby@aboderegroup.com) from Listing Office: Abode Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.