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Sqft(Lot)
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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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 780 Union Avenue, Campbell, CA, 95008 | $1,950,000 | -- | -- | -- | 11,250 Sqft(Lot) |
| 265 Michelle Drive, Campbell, CA, 95008 | $1,800,000 | -- | -- | -- | 6,639 Sqft(Lot) |
| 1280 Theresa Ave Lot Ad.., Campbell, CA, 95008 | $1 | -- | -- | -- | 2,676 Sqft(Lot) |
| 1236 W Hacienda Avenue, Campbell, CA, 95008 | $3,600,000 | -- | -- | -- | 13,860 Sqft(Lot) |
Similar Land To 1196 W Latimer Avenue
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ByOwner last updated this listing 07/24/2026 @ 18:42
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Carlene Bloodworth
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