$2,900,000
Magnify is pleased to present 928 and 930 Ravenscourt Avenue, a rare multifamily investment opportunity in the desirable City of Campbell. Located on a prominent corner lot in Silicon Valley, the property consists of two fourplex buildings on one parcel totaling (8) Two-bedroom / One-bathroom units, each with private patios, balconies, or backyard space. Constructed in 1962, the property offers 6,656 square feet of rentable living space per county records on a 14,000 square foot lot. The asset is well maintained with capital improvements that enhance efficiency and long-term ownership stability, including dual-pane windows, a copper water supply line, a 500-amp Square D electrical panel, and plumbing upgrades. Units feature dishwashers, private outdoor space, wall A/C, luxury vinyl plank flooring, and tile finishes in kitchens and bathrooms. The property is minutes from Downtown Campbell, The Pruneyard, and Santana Row, offering access to dining, retail, and entertainment. Convenient access to Highways 17 and 280 allows quick commutes to many major Silicon Valley employment centers. Located within Campbell city limits, the property offers value-add potential through exterior improvements and continued rental growth in one of Silicon Valleys most desirable rental markets.
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Listed by David Katz with Magnify Real Estate (877) 776-7718
Property Type
Commercial Sale
Status
Active
MLS Number
ML82037822
Year Built
1962
Lot Size
0.32 acres