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Address
Not Disclosed, Campbell, CA
Price
$ 5,000,000
Property Attributes
  • MLS#224056663
  • TypeSingle Family
  • CountySANTA CLARA
  • CityCampbell
  • AreaCampbell
  • Zip95008
  • StyleCraftsman
  • Price$ 5,000,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage5104
  • Lot Size0.6 Acres
Data Source:
MetroList MLS
Property Description

Investment Opportunity, many possibilities for developer. My grandmother built a convalescent hospital in 1959 and converted it to Day Care, licensed for 100 children, in 1971. The school is 3904sf with a paved parking area, a play area and off street parking. The .60 parcel, also includes a 1200sf, 3bd/1ba single family home with a fenced yard. Built in 1920, this home is considered historical, a craftsman style home and can not be demolished. It can be remodeled and it has a full basement with access from outside, so much can be done. A 1200sqft ADU would be allowed behind it. I had a virtual meeting with the City of Campbell Planning about the possibilities. The daycare is occupied with a tenant that pays $8000 a month, and the house has the potential to be at least $3500. That's $11,500 a month income while planning the development and applying for permits or lot splits. The property can easily be split into 2 lot, most likely 3 and very possibly 4 with one flag lot. If the lot is split they will all need to be residential and the daycare will no longer be allowed. A local developer may be able to do more! I have all the original plans and documents going back to the 1971.

Price History
5/26/2024 Listed $5,000,000

General Features

Sewer In & Connected
Heating Gas
Cooling Ceiling Fan(s)
Utilities Cable Connected,Public,Internet Available,Natural Gas Connected,See Remarks
Roof Composition
Garage Spaces 0.0
Patio/Porch Features Front Porch
Architectural Style Craftsman
Construction Materials Ceiling Insulation,Lap Siding
Year Built 1959
Electric 220 Volts in Laundry
Stories 1
Topography Level
Levels One
Property SubType Single Family Residence
Current Use Day Care
County Santa Clara
Property Type Residential
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions Hamilton Ave to West Latimer to Address and Creative Habitat.
City Campbell
Buyer Agent Compensation 2
Senior Community Y/N No
High School District Campbell Union High
Zoning Description R-1-6
Open Parking Spaces 0.0
MLS Area Campbell
Lot Size Square Feet 26136.0
Carport Spaces 0.0
Home Warranty Y/N No
Property Condition Updated/Remodeled,Original
Standard Status Active
Middle/Junior School District Moreland
Elementary School District Moreland
Year Built Source Appraiser
Buyer Agent Compensation Type Percent

Interior Features

Basement Full
Flooring Carpet,Wood
Full Baths 1
Laundry Features Inside Room
Total Bedrooms 3
LivingAreaSource Appraiser
Kitchen Features Breakfast Area,Pantry Cabinet
Total Baths 1
Living Room Features Other
Dining Room Features Dining/Living Combo
RoomBathsOtherFeatures Tub w/Shower Over,Window

Exterior Features

Fencing Back Yard,Fenced,Wood
Parking Features No Garage,Uncovered Parking Spaces 2+,Guest Parking Available
Lot Features Curb(s)/Gutter(s),Split Possible,See Remarks
Water Source Meter on Site,Public
Total Parking 0.0
Land Use Residential,See Remarks
Foundation Details Raised
Spa No
Lot Size Acres 0.6
Road Surface Type Paved
Lot Size Source Assessor Auto-Fill
Road Responsibility Public Maintained Road
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 95008

Price
AVG $2.51M
$5M
Visits
AVG 102
298
Data Provided by Inside Real Estate®
Year Built
AVG 1983
1959

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