120 Kennedy AVE, Campbell, CA 95008

$2,970,000

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Listed by Bobby Ohadi, 408-800-0808 from Abode Real Estate
(If provided) CoList: from

List Price
$2,970,000
MLS#
ML82063000
Status
ACTIVE
Zoning
P-D
Lot Size
11,285
Neighborhood
Campbell

Property Description

Delivered with Planning Approval for 9 Townhomes! Exceptional opportunity to acquire two adjacent parcels in a prime Campbell location with seller-delivered planning approval for a 9-townhome development. This offering is ideally suited for a developer seeking a substantially de-risked project with entitlement work completed prior to closing. The property is located within walking distance of Downtown Campbell, offering convenient access to dining, shopping, entertainment, transit, excellent schools, and major Silicon Valley tech employers. The existing improvements generate approximately $100,000 in annual rental income, providing attractive in-place cash flow prior to redevelopment. With planning approval for 9 townhomes, strong existing income, and a highly desirable infill location, this is a rare opportunity to acquire a development-ready residential project in one of Campbells most sought-after neighborhoods.

Additional Information

Acres
0.13
Development Status
Other
Fence
Other
Lot Description
Other
Lot Size
11,285
Neighborhood
Campbell
Other Utilities
Public Utilities
Parcel Access
City Street
Present Use
Warehouse
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
P-D

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