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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
68 N Midway Street, Campbell, CA, 95008 $2,390,000 4 3 2,116 2,116 SqFt
801 Monica Lane, Campbell, CA, 95008 $2,298,000 4 3 2,056 2,056 SqFt
188 Harrison Avenue, Campbell, CA, 95008 $1,698,000 3 2 1,733 1,733 SqFt
33 La Paloma, Campbell, CA, 95008 $419,000 2 2 1,040 1,040 SqFt
715 Cambrian Drive, Campbell, CA, 95008 $2,998,888 4 2 1,525 1,525 SqFt
68 Palomar Real, Campbell, CA, 95008 $219,000 2 1 1,140 1,140 SqFt
65 Palomar Real, Campbell, CA, 95008 $450,000 2 2 1,399 1,399 SqFt
S 1st Street, Campbell, CA, 95008 $1,988,888 3 1 1,481 1,481 SqFt
2261 Central Park Drive, Campbell, CA, 95008 $1,890,000 4 2 1,687 1,687 SqFt

ByOwner last updated this listing 06/08/2026 @ 17:14

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

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