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1190 W Latimer Avenue, Campbell, CA 95008
$5,000,000
1190 W Latimer Avenue, Campbell, CA 95008View this property at 1190 W Latimer Avenue, Campbell, CA 95008
1190 W Latimer AvenueCampbellCA95008
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Property Description
Investment Opportunity, many possibilities for developer. My grandmother built a convalescent hospital in 1959 and converted it to Day Care, licensed for 100 children, in 1971. The school is 3904sf with a paved parking area, a play area and off street parking. The .60 parcel, also includes a 1200sf, 3bd/1ba single family home with a fenced yard. Built in 1920, this home is considered historical, a craftsman style home and can not be demolished. It can be remodeled and it has a full basement with access from outside, so much can be done. A 1200sqft ADU would be allowed behind it. I had a virtual meeting with the City of Campbell Planning about the possibilities. The daycare is occupied with a tenant that pays $8000 a month, and the house has the potential to be at least $3500. That's $11,500 a month income while planning the development and applying for permits or lot splits. The property can easily be split into 2 lot, most likely 3 and very possibly 4 with one flag lot. If the lot is split they will all need to be residential and the daycare will no longer be allowed. A local developer may be able to do more! I have all the original plans and documents going back to the 1971.
Full Property Details
Full Property Details for 1190 W Latimer Ave
General
- Price: $5,000,000
- Status: Active
- Type: Commercial
- MLS ID: 224054352
- Updated: 5/26/2024
- Added to Site: 26 day(s) ago
Business
- Business Type: Education/School
Interior
- Flooring: Carpet, Wood Sub-Floor, Linoleum
Additional Information
- Other Features: Cafeteria, Restroom(s)-Private, Front Sign, Individual Thermostat Control, Washer/Dryer Owned, Landscaping
Parking
- Total Spaces: 15
- Parking: Open, Private, Street, Visitor, Lighted
Location
- County: Santa Clara
- Cross Streets: Hamilton
- Driving Directions: Hamilton Ave to West Latimer to Address and Creative Habitat.
- Location Details: Neighborhood, Public Transportation Nearby, Restaurant Nearby, Hospital Nearby, Shopping Nearby
Heating & Cooling
- Cooling Type: Central
- Heating Type: Gas
Utilities
- Sewer: Sewer Connected
- Water: Meter on Site, Public
- Utility Description: Separate Gas Meter, Separate Water Meter, Natural Gas Connected
Structural Information
- Structure Type: Mixed Use
- Construction: Concrete, Frame, Masonry
- Foundation: Raised, Slab
- Roof: Composition
- Stories/Levels: 0
- Square Feet: 5,104
- Current Bldg. Use: Mixed Use
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Irrigation System: Public District, Meter on Site
- Topography: Level
- Present Use: Mixed Use
- Zoning: R-1-6
Financial Considerations
- Tenant Pays: Electricity, Gas, Trash Collection, Maintenance
- Tenant Expense: Electricity, Gas, Trash Collection, Maintenance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: None
- APN: 307-49-006
Listed by Carlene Bloodworth, Broker
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Schools
Schools serving 1190 W Latimer Ave
School Districts:Moreland Elementary School District, Campbell Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
3750 Gleason Ave, San Jose, CA 95130 | K-5 | 0.5 mi | |
4600 Student Ln, San Jose, CA 95130 | 6-8 | 0.8 mi | |
4805 Westmont Ave, Campbell, CA 95008 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1190 W Latimer Ave
Date
Details
Price
Change
Source
5/21/2024
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1190 W Latimer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
$648,598
2%
2022
-100%
$635,881
2%
2021
$10,715
3%
$623,414
1%
2020
$10,392
6%
$617,022
2%
2019
$9,846
3%
$604,924
2%
2018
$9,561
-2%
$593,063
2%
2017
$9,744
-2%
$581,435
2%
2016
$9,954
—
$570,035
2%
2015
$9,940
6%
$561,474
2%
2014
$9,380
6%
$550,477
—
2013
$8,885
—
$547,990
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1190 W Latimer Ave
1190 W Latimer Avenue, Campbell, CA 95008 (MLS# 224054352) is a Commercial property. 1190 W Latimer Avenue is currently listed for $5,000,000 and was received on May 21, 2024. Want to learn more about 1190 W Latimer Avenue? Do you have questions about finding other Commercial real estate for sale in Campbell? You can browse all Campbell real estate or contact a Coldwell Banker agent to request more information.