Property Detail
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.
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Listing provided courtesy of Bobby Ohadi of Abode Real Estate. Last updated 2024-11-18 09:14:38.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
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