928 Ravenscourt Avenue

San Jose, CA 95128

$2,980,000
Price
Beds
6,656 Sq. Ft.
$448 / Sq. Ft.
6,656
Sq. Ft.
$448
per Sq. Ft.

Description

928-930 Ravenscourt Ave is a premium investment opportunity located in the highly desirable city of Campbell. It is a rare asset in the heart of Silicon Valley featuring two buildings totaling (8) 2-Bed / 1-Bath units, each with their own private patio or balcony. Built in 1962, the building has 6,656 square feet of living space on a large 14,000 square foot corner parcel lot (0.32 acres). The property is well maintained with numerous capital improvements including dual pane windows; a new Copper...928-930 Ravenscourt Ave is a premium investment opportunity located in the highly desirable city of Campbell. It is a rare asset in the heart of Silicon Valley featuring two buildings totaling (8) 2-Bed / 1-Bath units, each with their own private patio or balcony. Built in 1962, the building has 6,656 square feet of living space on a large 14,000 square foot corner parcel lot (0.32 acres). The property is well maintained with numerous capital improvements including dual pane windows; a new Copper water supply line; newer 500-amp main panel for 930 Ravenscourt; and plumbing upgrades to the drain & sewer lines. All interiors are in great condition with dishwashers, a private patio or balcony, luxury vinyl plank flooring, and tile in the kitchens & bathrooms. The building is centrally located ~10 minutes from downtown Campbell, the Pruneyard, and Santana Row, offering exceptional convenience. It also has easy access to Highway 17 / 280, making it an ideal location with access to numerous employers. The 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!
  1. Listed by David Katz • DRE #01971921 • Brokerage DRE #02214785 • Magnify Real Estate • 408-438-0585
  2. Listed by Will Tharp • DRE #01984173 • Brokerage DRE #02214785 • Magnify Real Estate

Property Details for 928 Ravenscourt Avenue

MLS City Name
CAMPBELL
Building Type
Other
Garage Spaces
0
Parking Spaces
2

Open Houses

Sunday, Jan 12th

1:30 PM - 3:00 PM

Public

LISTING UPDATED: 01/07/2025 11:27 PM

Property Details for 928 Ravenscourt Avenue

StatusActive
MLS #ML81989669
Days on Compass1
Taxes$40,782 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1962
Lot Size0.32 AC / 14,000 SF
CountySanta Clara County

Building Information for 928 Ravenscourt Avenue

Stories-Residences-Year Built1962Building Size-Lot Size0.32 AC / 14,000 SF

Property Information for 928 Ravenscourt Avenue

Features
Room Information
  • Kitchen: Dishwasher
Features
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Laundry: Coin Operated
  • Living SqFt: 6656
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 8
Garage
  • Garage and Parking: Carport, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Campbell
  • Restrictions: None
  • Roof: Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 928
  • Street Name: Ravenscourt
  • Street Suffix: Avenue
  • Area ID: 15
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 6656
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Zoning Detail: R-3
Location Information
  • Parcel Number: 282-15-025
  • County Name: Santa Clara
  • City Name: CAMPBELL
  • City Postal ID: 7
  • Postal Code: 95128
  • Elementary School District: 454
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Post and Pier, Wood Frame
  • Lot Acres: .32
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio, Porch - Enclosed
Multi Family Information
Building Information
  • No Of Leased: 8
General Information
  • Annual Tax Amount: $40,782
  • Capitalization Rate: 5.30
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $6,656
  • Expense Landscape: $2,400
  • Expense Maintenance: $4,000
  • Expense Management: $0
  • Expense Trash: $3,900
  • Expenses Other: $0
  • Expenses Utility: $7,998
  • Expenses Total: $65,736
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 12.92
  • Income Annual Gross: $223,721
  • Income Annual Rental: $228,720
  • Income Gross Scheduled: $230,640
  • Income Other: $1,920
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,200
Unit Type 1
  • Unit Type1 Approx SqFt: 832

Property History for 928 Ravenscourt Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 928 Ravenscourt Avenue

Taxable ValueLand$975,733Additions$961,792Total$1,937,525
Home Facts
Total Finished SqFt6,656 SqFtAbove Grade Finished SqFt6,656 SqFtStories2Lot Size14,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningR-3CountySANTA CLARAAPN282-15-025Fireplace TypeHas Fireplace

Schools near 928 Ravenscourt Avenue

This home is within Campbell Union School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Castlemont Elementary School
CharterK to 5

Monroe Middle School
Charter6 to 8

Del Mar High School
Public9 to 12

Campbell Distance Learning
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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928 Ravenscourt Avenue is for sale in San Jose, CA 95128. This property was listed for sale on January 7, 2025 by Magnify Real Estate, it's currently listed at $2,980,000. This listing's school districts are Campbell Union School District, Campbell Union High School District. Nearby schools include Castlemont Elementary School, Monroe Middle School and Del Mar High School. 928 Ravenscourt Avenue is a 0-bed, 0-bath, 6,656 sqft built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Magnify Real Estate, David Katz, DRE #01971921; Magnify Real Estate, Will Tharp, DRE #01984173

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.