Address
1190-1196 W Latimer Avenue, Campbell, CA
Price
$ 5,000,000
Property Attributes
- MLS#224054352
- TypeCommercial
- CountySANTA CLARA
- CityCampbell
- AreaCampbell
- Zip95008
- StyleMixed Use
- Price$ 5,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5104
- Lot Size0.6 Acres
Data Source:
MetroList MLS
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.
| Price History | |
|---|---|
| 5/21/2024 | Listed $5,000,000 |
General Features
| Sewer | Sewer Connected |
|---|---|
| Heating | Gas |
| Cooling | Central |
| Utilities | Separate Gas Meter,Separate Water Meter,Natural Gas Connected |
| Roof | Composition |
| Construction Materials | Concrete,Frame,Masonry |
| Year Built | 1959 |
| Electric | 220 Volts |
| Tenant Pays | Electricity,Gas,Trash Collection,Maintenance |
| Topography | Level |
| Loading | Drive-In |
| Property SubType | Mixed Use |
| Current Use | Mixed Use |
| Location | Neighborhood,Public Transportation Nearby,Restaurant Nearby,Hospital Nearby,Shopping Nearby |
| Business Type | Education/School |
| Building Name | Creative Habttat |
| County | Santa Clara |
| Property Type | CommercialSale |
| Building Features | Cafeteria,Restroom(s)-Private,Front Sign,Individual Thermostat Control,Washer/Dryer Owned,Landscaping |
| Close Price | 0.0 |
| Status | Active |
| Directions | Hamilton Ave to West Latimer to Address and Creative Habitat. |
| City | Campbell |
| Buyer Agent Compensation | 2 |
| Zoning Description | R-1-6 |
| MLS Area | Campbell |
| Lot Size Square Feet | 26136.0 |
| Street Name | Latimer |
| Property Condition | Exterior-Fair,Yard Fenced,Interior-Fair,Yard Paved |
| Ok to Lease | 1 Year |
| Structure Type | Mixed Use |
| Standard Status | Active |
| Year Built Source | Appraiser |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Flooring | Carpet,Wood Sub-Floor,Linoleum |
|---|---|
| Street Suffix | Avenue |
Exterior Features
| Parking Features | Open,Private,Street,Visitor,Lighted |
|---|---|
| Water Source | Meter on Site,Public |
| Total Parking | 15.0 |
| Foundation Details | Raised,Slab |
| Building Area Total | 5104.0 |
| Lot Size Acres | 0.6 |
| Lot Size Source | Assessor Auto-Fill |
| Parking Ratio | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 95008
Price
Visits
Year Built
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MetroList CA data last updated: June 15, 2024 9:39 PM UTC 