120 Kennedy Avenue, Campbell, California 95008

$2,970,000

Property Type

Land

City

Campbell

Status

Active

Delivered with Planning Approval for 9 Townhomes! Exceptional opportunity to acquire two adjacent parcels in a prime Campbell location with seller-delivered planning approval for a 9-townhome development. This offering is ideally suited for a developer seeking a substantially de-risked project with entitlement work completed prior to closing. The property is located within walking distance of Downtown Campbell, offering convenient access to dining, shopping, entertainment, transit, excellent schools, and major Silicon Valley tech employers. The existing improvements generate approximately $100,000 in annual rental income, providing attractive in-place cash flow prior to redevelopment. With planning approval for 9 townhomes, strong existing income, and a highly desirable infill location, this is a rare opportunity to acquire a development-ready residential project in one of Campbells most sought-after neighborhoods.