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1005 Ravenscourt Avenue, Campbell, CA 95128

Commercial property

1005 Ravenscourt Avenue, Campbell, CA 95128 Sold October 2024 CRMLS
$2,800,000Sold October 2024

Listing Agent: Eric Katz (DRE #01900078) · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Eric Katz · Magnify Real Estate · MLS #ML81973909 · Source: CRMLS

6,656
Building Sq Ft
13,939 sqft
Lot Size
1962
Year Built
R-3
Zoning
Commercial property
Type

About this commercial property

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!

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$2,800,000
Sold October 2024 · listed $2,995,000, on market July 2024 · MLS #ML81973909 · Source: CRMLS
Listing Agent: Eric Katz · Listing Office: Magnify Real Estate · Contact: (877) 776-7718 · Bought with: Eric Katz · Magnify Real Estate
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