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Active MLS ML82063000

120 Kennedy AVE

$2,970,000

120 Kennedy AVE, Campbell, CA, 95008

ResidentialDevelopmentLand

Listing courtesy of Bobby Ohadi, Abode Real Estate
Listing broker contact: 408-800-0808 · bobby@aboderegroup.com

Description

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.

Listing details

MLS #
ML82063000
Status
Active
Property type
ResidentialDevelopmentLand
Lot size
11,285 sqft
List price
$2,970,000
List date
2026-09-29
Listing agent
Bobby Ohadi
Listing office
Abode Real Estate

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