Campbell, CA 95008,991 Ravenscourt AVE
Campbell, CA 95008,991 Ravenscourt AVE
Campbell, CA 95008,991 Ravenscourt AVE
7
$6,900,000
$6,950,000
0.7%
Est.Price: ?

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0.69 Acres Lot

991 Ravenscourt AVE Campbell, CA 95008

Est. payment /mo
SOLD DATE : 08/26/2022

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Key Details

Sold Price $6,900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81891825

Sold Date 08/26/22

HOA Y/N No

Year Built 1962

Annual Tax Amount $97,303

Lot Size 0.689 Acres

Property Description

991-997 Ravenscourt Avenue is a rare investment opportunity with (16) Two-Bed/One-Bath units on a large lot in the desirable City of Campbell. There are four separate buildings with gated entry and extensive capital improvements in all units including renovated bathrooms, upgraded kitchens, new appliances, hardwood laminate floors, air-conditioning, new wall heaters, dual pane windows, and mirrored closet doors. Units feature a patio or balcony, in addition to a storage locker in each covered parking space. All four buildings have new copper plumbing and new drain pipes. Building 995 has a new roof. There is also a non-conforming unit with a full kitchen and bathroom that can be legalized as a potential 17th unit (Buyer to verify). Enjoy the cash-flow and attractive financing due to the strong current income. 100% rent collection! The property is located near The Pruneyard, Downtown Campbell, and Santana Row, and features easy access to major tech companies in Silicon Valley.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R-3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 16

Roof Type Composition,Shingle

Total Parking Spaces 8

Building

Water Public

Schools

School District Other

Others

Tax ID 28216040

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric Katz • Katz Inc
Bought with Freddie Cacao • Integrity Bay Realty
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agent

Sandy Dabbs

Agent | License ID: 02120617

+1(714) 287-9983

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