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1196 W Latimer Avenue

Campbell, CA 95008
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Bed 3

Bed

Bath 1

Bath

SqFt5,104

Sqft

SqFt26,136

Sqft(Lot)

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 $11,50 0 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.

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Detail Ic Property Details

Property Type : Residential

Price : $4,490,000

AD Id : 57023375

MLS Id : 224056663

Beds : 3

Lot Size : 26,136 Sqft

Living Area Size : 5,104

Year Built : 1959

County : Santa Clara

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
W Campbell Avenue, Campbell, CA, 95008 $1,799,000 3 3 1,272 1,272 SqFt
101 Sunnyside Court, Campbell, CA, 95008 $2,490,000 4 4 2,996 2,996 SqFt
44 Sunnyside Avenue, Campbell, CA, 95008 $2,590,000 4 4 2,996 2,996 SqFt
122 Sunnyside Court, Campbell, CA, 95008 $2,690,000 4 4 2,996 2,996 SqFt
140 S Peter Drive, Campbell, CA, 95008 $5,995,000 4 4 4,012 4,012 SqFt
1331 Patio Drive, Campbell, CA, 95008 $1,898,000 3 2 1,752 1,752 SqFt
1180 Fewtrell Drive, Campbell, CA, 95008 $2,048,000 3 2 1,800 1,800 SqFt
801 Monica Lane, Campbell, CA, 95008 $2,050,000 4 3 2,056 2,056 SqFt
68 Palomar Real, Campbell, CA, 95008 $219,000 2 1 1,140 1,140 SqFt
142 N Central Avenue, Campbell, CA, 95008 $1,948,000 2 -- 2,670 2,670 SqFt

ByOwner last updated this listing 07/24/2026 @ 08:45

MLS: 224056663 LISTED BY: Carlene Bloodworth, Carlene Bloodworth, Broker SOURCE: MLS Metrolist

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