1005 Ravenscourt AVE, Campbell, CA 95128
- $2,800,000
- 6,656
- SqFt
Listed by Eric Katz, 408-438-0969 from Magnify Real Estate
(If provided) CoList: Kyle De Mattei from Magnify Real Estate
Sold listing courtesy of Eric Katz from DYNA8
- Sold Price
- $2,800,000
- List Price
- $2,995,000
- Closing Date
- Oct 11, 2024
- MLS#
- ML81973909
- Status
- SOLD
- Sqft. of Residence
- 6,656
- Lot Size
- 13,939
- Listing Area
- Campbell
- Year Built
- 1962
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!
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Additional Information
- Acres
- 0.32
- Age
- 62
- Cooling System
- Window / Wall Unit
- Foundation
- Wood Frame
- Garage Parking
- Carport
- Heating System
- Gas, Wall Furnace
- Living Area
- 6,656
- Lot Size
- 13,939
- Neighborhood
- Campbell
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Bitumen
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R-3
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