Campbell, CA 95128,1005 Ravenscourt AVE
Campbell, CA 95128,1005 Ravenscourt AVE
Campbell, CA 95128,1005 Ravenscourt AVE
19
$2,800,000
$2,995,000
6.5%
Est.Price: ?

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6,656 SqFt

1005 Ravenscourt AVE Campbell, CA 95128

Est. payment /mo
SOLD DATE : 10/11/2024

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Key Details

Sold Price $2,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 6,656 sqft

Price per Sqft $420

MLS Listing ID ML81973909

Sold Date 10/11/24

HOA Y/N No

Year Built 1962

Annual Tax Amount $41,372

Lot Size 0.320 Acres

Acres 0.32

Property Description

We are pleased to offer 1005 Ravenscourt Ave, a prime investment opportunity located in the highly desirable city of Campbell. It is a rare asset that features 8 spacious two-bedroom/one-bathroom units on a large corner parcel. Built in 1962, the building offers 6,656 square feet of living space on a 14,000 square foot lot. All units have air-conditioning and a large backyard or balcony. The property also features dual-pane windows, carports, on-site laundry, and more. It is just 10 minutes away from downtown Campbell, the Pruneyard, and Santana Row, offering exceptional convenience. It also provides easy access to Highway 17, making it an ideal location for tenants and accessible to major tech companies.   This property offers an excellent investment opportunity for those seeking steady rental income and appreciation, with strong tenant demand and high occupancy rates. It's a unique opportunity for both immediate returns and long-term growth in the thriving Silicon Valley rental market!

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R-3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 8

Roof Type Bitumen

Building

Water Public

Schools

School District Other

Others

Tax ID 28216039

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric Katz • Magnify Real Estate
Bought with Eric Katz • Magnify Real Estate

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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