928 Ravenscourt Ave - Apartments FOR SALE


Campbell, CA 95008
$2,980,000 USD
408-438-0969
928 Ravenscourt Ave, Campbell, CA for Sale
$2,980,000 USD
Apartments - FOR SALE
1/19
null | 5.3% Cap Rate

928 Ravenscourt Ave
Campbell, CA 95008


HIGHLIGHTS

  • Premium investment opportunity in Campbell with strong tenant demand
  • Desirable unit mix with 8 spacious (2BD/1BA) units on a large corner lot
  • Each units feature a patio or balcony
  • All units remodeled - key capital Improvements include dual pane windows, new copper water supply line, new 500-amp main panel for 930 Ravenscourt, an
  • Just 10 minutes away from Santana Row, downtown Campbell, and the Pruneyard
  • Easy access to Highway 17 and top Bay Area tech companies

OVERVIEW

**Open House: Thursday 1/16 from 12:00pm to 1:30pm--Please call to confirm a time to tour. Magnify Real Estate is pleased to offer 928-930 Ravenscourt Ave, a premium investment opportunity located in the highly desirable city of Campbell. It is a rare asset in the heart of Silicon Valley featuring two buildings totaling (8) 2-Bedroom / 1-Bathroom units, each with their own private patio or balcony.  Built in 1962, the building has 6,656 square feet of living space on a large 14,000 square foot corner parcel lot (0.32 acres). The property is well maintained with numerous capital improvements including dual pane windows; a new Copper water supply line from the street to the building; newer 500-amp main panel for 930 Ravenscourt; and various plumbing upgrades to the drain & sewer lines.  All interiors are in great condition with dishwashers, a private patio or balcony, luxury vinyl plank flooring, and tile in the kitchens & bathrooms. The building is centrally located ~10 minutes from downtown Campbell, the Pruneyard, and Santana Row, offering exceptional convenience. It also has easy access to Highway 17 / 280, making it an ideal location with access to numerous employers.  The property offers an excellent investment opportunity for those seeking steady rental income and appreciation, with strong tenant demand and high occupancy rates. It's a unique opportunity for both immediate returns and long-term growth in the thriving Silicon Valley rental market!

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$448 USD /SF

# OF UNITS

8

PRICE/UNIT

$372,500

CAP RATE

5.3%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

928-930 Ravenscourt Ave, 8 Units in Campbell

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

14,000 SF

ZONING

-

APN/PARCEL ID

282-15-025

ASK ABOUT THIS PROPERTY

Eric KatzMagnifyMore Info
408-438-0969

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Eric KatzMagnifyMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.