About 1005 Ravenscourt Avenue
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!
Features of 1005 Ravenscourt Avenue
MLS® # | ML81973909 |
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Price | $2,995,000 |
Bathrooms | 0.00 |
Square Footage | 6,656 |
Acres | 0.32 |
Year Built | 1962 |
Type | COMM RI MULTI-UNITS 5+ |
Sub-Type | Other |
Status | Pending |
Community Information
Address | 1005 Ravenscourt Avenue |
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Area | Listing |
City | Campbell |
County | Santa Clara |
State | CA |
Zip Code | 95128 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Natural Gas, Wall Furnace |
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Fireplace | No |
Additional Information
Date Listed | July 19th, 2024 |
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Zoning | R-3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Eric Katz |
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Office | Magnify Real Estate |