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Listed by Bobby Ohadi • Abode Real Estate
$ 2,970,000
Est. payment /mo
New
120 Kennedy Avenue Campbell, CA 95008
11,285 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 11,285 sqft
Price per Sqft $263
MLS Listing ID ML82063000
HOA Y/N No
Lot Size 0.259 Acres
Property Sub-Type Unimproved Land
Source Datashare MLSListings
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.
Location
State CA
County Santa Clara
Interior
Fireplace No
Building
Water Public
Schools
School District Campbell Unified School District, Campbell Unified School District
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