991 Ravenscourt AVE, Campbell, CA 95008

$6,900,000
13,312
SqFt
Sold Price
$6,900,000
List Price
$6,950,000
Closing Date
Aug 26, 2022
MLS#
ML81891825
Status
SOLD
Property Type
com
Sqft. of Residence
13,312
Lot Size
30,012
Listing Area
Campbell
Year Built
1962

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.

Additional Information

Acres
0.69
Age
60
Cooling System
Window / Wall Unit
Energy Features
Double Pane Windows, Energy Star Appliances
Floor Covering
Laminate, Tile
Foundation
Concrete Slab, Post and Pier
Garage Parking
Assigned Spaces, Covered Parking
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
13,312
Lot Size
30,012
Neighborhood
Campbell
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition, Shingle
Sewer
Sewer - Public
Special Features
None
Unincorporated Yn
Yes
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Eric Katz from Katz Inc. 408-438-0969

Selling Office: IBAY.

board logoBased on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Copyright 2024 MLSListings Inc. All rights reserved