About 928 Ravenscourt Ave
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!
Features of 928 Ravenscourt Ave
MLS® # | ML81989669 |
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Price | $2,980,000 |
Square Footage | 6,656 |
Acres | 0.32 |
Year Built | 1962 |
Type | Multi-Residential |
Sub-Type | Five or More Units |
Status | Contingent |
Community Information
Address | 928 Ravenscourt Ave |
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Area | Campbell |
City | CAMPBELL |
County | Santa Clara |
State | CA |
Zip Code | 95128 |
Amenities
Utilities | Individual Electric Meters, Individual Gas Meters |
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Parking Spaces | 2 |
Is Waterfront | No |
Interior
Heating | Gas Heat, Wall Furnace |
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Cooling | No Cooling |
Fireplace | No |
Exterior
Roof | Tar and Gravel Roof |
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Foundation | Post & Pier, Wood Frame |
Additional Information
Zoning | R-3 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | David Katz |
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Office | Magnify Real Estate |
Contact Info | 408-438-0585 |