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Address Not Available By Request

Campbell, CA 95008
  • $5,000,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: 224056663
UPDATED: 92 min ago
$5,000,000
  • 3
    BEDS
  • 0.6
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 5,104
    SQFT
  • $980
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

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.

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Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-06-12T22:39:34.787. MetroList® MLS Terms of Use. IDX provided by BoomTown.
www.showcaseproperties.com/homes/150954261
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Address Not Available By Request Campbell, CA 95008

  • Price: $5,000,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 92 min ago
  • ID#: 224056663
3
Beds
1
Baths
0
½ Baths
0.6
Acres
5,104
SQFT
$980
$/SQFT
1959
Built
Neighborhood:
Campbell
County:
Santa Clara
Area:
Campbell
Elementary School:
Moreland
Middle School:
Moreland
High School:
Campbell Union High
School District:
Santa Clara
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.
Exterior Features

Architectural Style Craftsman Carport Spaces 0 Construction Materials Ceiling InsulationLap Siding Driveway Sidewalks Paved SidewalkPaved Driveway Entry Level 0 Fencing Back YardFencedWood Foundation Raised Land Use ResidentialSee Remarks Levels One Lot Features Curb(s)/Gutter(s)Split PossibleSee Remarks Open Parking Spaces 0 Parking Features No GarageUncovered Parking Spaces 2+Guest Parking Available Parking Fee 0 Patio And Porch Features Front Porch Property Condition Updated/RemodeledOriginal Road Responsibility Public Maintained Road Road Surface Type Paved Roof Composition Total Parking Spaces 0

Interior Features

Basement Full Bath Features Tub w/Shower OverWindow Cooling Ceiling Fan(s) Dining Room Features Dining/Living Combo Flooring CarpetWood Heating Gas Kitchen Features Breakfast AreaPantry Cabinet Laundry Features Inside Room Main Level Bedroom(s)Living RoomFull Bath(s)KitchenStreet Entrance Num Of Fireplaces 0

Property Features

Additional Unit YN No Association No Association Fee 0 Electric 220 Volts in Laundry Elevation 0 Horse Property No Irrigation None Pool No Property Subtype Single Family Residence Property Type Residential Remodeled Updated Unknown Senior Community No Sewer In & Connected Spa False Special Listing Conditions None Subtype Description DetachedLive/Work Utilities Cable ConnectedPublicInternet AvailableNatural Gas ConnectedSee Remarks Water Source Meter on SitePublic Zoning R-1-6

Metrolist MLS logo Listing provided courtesy of Carlene Bloodworth, Broker: . Listing information © 2024 MetroList Services, Inc.


Metrolist MLS logo © 2024 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2024-06-12T22:39:34.787. MetroList® MLS Terms of Use. IDX provided by BoomTown.
 
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