Property Details for 928 Ravenscourt Ave

Year built

1962

Lot size

0.32 lot acres

Property size

6,656 SF

Property type

Commercial real estate

Description

This exceptional commercial investment property, located at 928-930 Ravenscourt Avenue in the desirable city of Campbell, California, presents a rare opportunity in the heart of Silicon Valley. The property consists of two buildings encompassing eight individual 2-bedroom, 1-bathroom units, each boasting a private patio or balcony. Built in 1962, the property features a substantial 6,656 square feet of living space situated on a sizable 0.32-acre corner lot (14,000 square feet). The well-maintained buildings have undergone significant capital improvements, including the installation of dual-pane windows, a new copper water supply line, a newer 500-amp main electrical panel for 930 Ravenscourt Avenue, and upgraded plumbing to the drain and sewer lines. Each unit is in excellent condition, featuring modern amenities such as dishwashers, luxury vinyl plank flooring, and tile in the kitchens and bathrooms. The property's prime location offers exceptional convenience, being approximately 10 minutes from downtown Campbell, the Pruneyard, and Santana Row. Furthermore, its proximity to Highways 17 and 280 ensures easy access to numerous major employers in the region. This property offers a compelling investment opportunity, promising steady rental income, strong tenant demand, high occupancy rates, and significant potential for long-term appreciation within the thriving Silicon Valley rental market. The combination of its desirable location, updated units, and substantial size makes this a truly unique investment prospect.

Location Insight

City

Campbell

County

Santa Clara

State

California

Longitude

-121.94

Latitude

37.3003