$5,000,000
Active
35 Days Online
3 Beds1 Bath5,104 SQFT
Active

Address Withheld

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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.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountySanta Clara
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site34 Days
  • MLS StatusActive
  • MLS ID Number224056663
  • Home Size Source Appraiser
  • Year Built1959
  • Lot Size0.6 Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Style Craftsman
  • Construction Lap Siding
  • Parking No GarageUncovered Parking Spaces 2+Guest Parking Available
  • Parking Spaces 0
  • Electric 220 Volts in Laundry
  • Basement Full
  • Number of Stories 11
  • Acreage 0.6
  • Water Public
  • Zoning R-1-6
  • Cross Street Hamilton
  • Property Sub Type Single Family Residence
  • Garage Spaces 0
  • Utilities Cable ConnectedNatural Gas ConnectedSee Remarks
  • Foundation Raised
  • Property Condition Updated/ Remodeled

Interior Features

  • Cooling Ceiling Fan(s)
  • Heating Gas
  • Flooring CarpetWood
  • Fireplaces 0
  • Laundry Features Inside Room

Exterior Features

  • Roof Composition
  • Fencing Back YardFencedWood
  • Spa No
  • Lot Curb(s)/ Gutter(s)Split PossibleSee Remarks
  • Patio And Porch Front Porch

Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area Campbell

Schools

School District
Moreland
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$26,237
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