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Sold for $2,800,000
  • $2,800,000

    Ravenscourt Ave, San Jose, CA 95128

    2beds
    1baths
    6,656sqft
    Five Or More Units, Residential Income
    Built in 1962
    -- sqft lot
    $2,977,100 Zestimate®
    $421/sqft
    $2,801 Estimated rent

    Home value

    $2,977,100

    $2.59M - $3.39M

    $2,801/mo

    Zestimate® history
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    $2,801/mo

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    $2,801/mo

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    $19,018/mo

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    $19,018/mo

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    What's special

    We are pleased to offer 1005 Ravenscourt Ave, a prime investment opportunity located in the highly desirable city of Campbell. It is a rare asset that features 8 spacious two-bedroom/one-bathroom units on a large corner parcel. Built in 1962, the building offers 6,656 square feet of living space on a 14,000 square foot lot. All units have air-conditioning and a large backyard or balcony. The property also features dual-pane windows, carports, on-site laundry, and more. It is just 10 minutes away from downtown Campbell, the Pruneyard, and Santana Row, offering exceptional convenience. It also provides easy access to Highway 17, making it an ideal location for tenants and accessible to major tech companies.   This 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Katz 01900078 408-438-0969,

    Magnify Real Estate 877-776-7718,

    Kyle De Mattei 02146792 408-334-3226

    Bought with:

    Eric Katz, 01900078

    Magnify Real Estate

    , 02146792

    Magnify Real Estate

    Source: MLSListings Inc,MLS#: ML81973909MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Gas, Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Interior area
    • Total structure area: 6,656
    • Total interior livable area: 6,656 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 28216039
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Wood Frame
    • Roof: Bitumen
    Condition
    • Year built: 1962

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $421/sqft
    • Date on market: 7/19/2024
    • Listing agreement: ExclusiveRightToSell
    • Lease term: Month To Month

    Price history

    DateEventPrice
    10/11/2024Sold$2,800,000-6.5%$421/sqft
    Source: MLSListings Inc #ML81973909 Report a problem
    7/19/2024Listed for sale$2,995,000$450/sqft
    Source: MLSListings Inc #ML81973909 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Fruitdale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: CampbellUnionElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,977,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,977,100