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1190-1196 W Latimer Avenue Campbell, CA $ 5,000,000
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1190-1196 W Latimer Avenue
$ 5,000,000
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1190-1196 W Latimer Avenue

Campbell, CA, 95008
$ 5,000,000
Baths0.0 Sq 5,104

Monthly Estimate*

$ 29,945

1190-1196 W Latimer Avenue, Campbell, CA 95008 - Image 1
1190-1196 W Latimer Avenue, Campbell, CA 95008 - Image 2
1190-1196 W Latimer Avenue, Campbell, CA 95008 - Image 3
1190-1196 W Latimer Avenue, Campbell, CA 95008 - Image 4
1190-1196 W Latimer Avenue, Campbell, CA 95008 - Image 5
Studio

Multi-Family Home for sale in Campbell, CA

for $5,000,000. This 5,104 square foot home was built in 1959 on a lot size of 0.6.

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.

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Multi-Family Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman,Traditional

Lot Size

0.6

Year Built

1959

Town/City

Campbell

County/Region

Santa Clara

MLS | Web ID

224052871
Features
General
Sewer In & Connected
Heating See Remarks Other
Cooling See Remarks
Utilities City
Unit 4 Rent 0
Unit 2 Rent 0
Unit 3 Rent 0
Unit 1 Rent 0
HOA 0
Garage Spaces 0.0
Architectural Style Craftsman Traditional
Construction Materials Block Wood Masonry
Year Built 1959
Stories 0
Topography Level
Property SubType Other
Elevation 0
County Santa Clara
Property Type ResidentialIncome
Home Owner Assoc N
Total Rooms 0
Close Price 0.0
Status Active
Directions Hamilton Ave to West Latimer to Address and Creative Habitat.
City Campbell
High School District Campbell Union
Zoning Description R-1-6
Open Parking Spaces 0.0
NumberOfUnitsTotal 1
MLS Area Campbell
Lot Size Square Feet 26136.0
Carport Spaces 0.0
Standard Status Active
Middle/Junior School District Campbell Union High
Elementary School District Moreland
Year Built Source Owner
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Interior
Flooring See Remarks
Total Stories 1
Unit 1 Full Baths 0
Unit 2 Full Baths 0
Unit 3 Full Baths 0
Unit1Bedrooms 0
Unit3Bedrooms 0
Laundry Features Washer/Dryer Hookups
Unit 1 Bedroom Units Total 2
Unit 2 Bedroom Units Total 0
Unit 3 Bedroom Units Total 0
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Exterior
Parking Features Off Street Open Street Guest Parking Available
Lot Features Curb(s) Shape Regular Curbs/Gutters Sidewalk
Water Source Water District Meter on Site
Total Parking 15.0
Foundation Details Concrete
Number of Buildings 2
Lot Dimensions 183 x 183
Lot Size Acres 0.6
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
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Internal Only
Street Number 1 1190
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* Excluded Features
List By
Carlene Bloodworth, Broker

Broker

cbhomes4u@yahoo.com

Email

Affordability Calculator

$29,945
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,945
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4681237 Elementary School
4681238 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
5/21/2024 $5,000,000 Listed Price

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1190-1196 W Latimer Avenue, Campbell, CA, 95008 is a Multi-Family Home for sale at $5,000,000 with 5,104 sqft and a lot size of 0.6. 1190-1196 W Latimer Avenue is a studio with 0.0 baths and was built in 1959. The property's zip code is 95008 which is in Campbell, CA

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