$2,980,000
For Sale

928 Ravenscourt Avenue

Campbell, CA 95128
0.32 acres | #ML81989669
Listing OfficeMagnify Real Estate
Browse 15 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

928-930 Ravenscourt Ave is a premium investment opportunity located in the highly desirable city of Campbell. It is a rare asset in the heart of Silicon Valley featuring two buildings totaling (8) 2-Bed / 1-Bath units, each with their own private patio or balcony. Built in 1962, the building has 6,656 square feet of living space on a large 14,000 square foot corner parcel lot (0.32 acres). The property is well maintained with numerous capital improvements including dual pane windows; a new Copper water supply line; newer 500-amp main panel for 930 Ravenscourt; and plumbing upgrades to the drain & sewer lines. All interiors are in great condition with dishwashers, a private patio or balcony, luxury vinyl plank flooring, and tile in the kitchens & bathrooms. The building is centrally located ~10 minutes from downtown Campbell, the Pruneyard, and Santana Row, offering exceptional convenience. It also has easy access to Highway 17 / 280, making it an ideal location with access to numerous employers. The 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!

  • Property Details
      • Property SubtypeCommercialSale
      • CountySanta Clara
      • Original List Price$2,980,000
      • MLS #ML81989669
      • MLS #ML81989669
      • Property TypePurchase
      • Taxes Annual$40,782
      • Cost2980000
      • Acres0.3214
      • Utility SourcePublic
      • School DistrictOther
      • Year Built1962

Location

Augie MendozaReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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