Carlene Bloodworth
This listing was posted on RealtyWW.
$5,000,000
Home For Sale In Campbell, California
Price:
$5,000,000
BR/BA:
2 BR, 1 BA
Location:
1190-1196 W Latimer Ave, Campbell, CA
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.For more details: https://realtyww.info/homes_campbell-d532248/for-sale_i72103014
Property Type:
Single-Family Houses
Sq feet:
1,200 sq. ft.
Amenities:
Parking, Playground
Posted:
May 22 on RealtyWW
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More About this Listing: Home For Sale In Campbell, California
Home For Sale In Campbell, California is a Two Bedroom One Bath Single-Family Homes for Sale at 1190-1196 W Latimer Ave in Campbell CA. Find other listings like Home For Sale In Campbell, California and listings near 1190-1196 W Latimer Ave by searching Oodle Classifieds for Two Bedroom One Bath Single-Family Homes for Sale in Campbell CA.
Home For Sale In Campbell, California is a Two Bedroom One Bath Single-Family Homes for Sale at 1190-1196 W Latimer Ave in Campbell CA. Find other listings like Home For Sale In Campbell, California and listings near 1190-1196 W Latimer Ave by searching Oodle Classifieds for Two Bedroom One Bath Single-Family Homes for Sale in Campbell CA.