Property Overview:
2575 and 2585 S Winchester Blvd are single-family homes in Campbell, CA. Each home features 3 bedrooms, 1 bathroom, and 936 sq. ft. of living space. Both properties are on separate parcels (totaling approx. 15,000 sq. ft.) and can be sold separately or together. The zoning is PD (Planned Development) with a General Plan designation for commercial/professional office/residential high density. 2585 S Winchester is listed at $450,000. The estimated value for 2575 S Winchester is $1,248,000.
Development Opportunity:
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Approved Development Plans:
- City of Campbell has approved plans (as of August 17th) for a 15-unit apartment building and 2,100 sq. ft. of commercial space.
- Two of three city approval steps passed unanimously; final approval granted August 17th.
- Plans and approvals are available upon request (not included in property price).
- After approval, project can be submitted to the building department.
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Current Use:
- Both homes are rented at $2,700/month each.
- Inspection available upon submitted offer.
Neighborhood Highlights:
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Population:
- 47,039 residents (9% growth since 2000).
- 60% families with children.
- Largest age groups: 25-34 (15.96%), 35-44 (16.3%).
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Crime Rate:
- Personal crime risk: 8.1% (lower than CA average of 11.8%).
- Property crime risk: 8.4% (lower than CA average of 10.8%).
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Job Market:
- 67.8% white-collar jobs, 32.2% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Cost of Living:
- Median household income: $74,299.
- Average annual spending: $56,334.
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Schools:
- Nearby: Campbell School of Innovation, Price Charter Middle, Westmont High.
- Average SAT score: 1038 (higher than state average of 975).
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Weather:
- Average temperature: 44.2°F (January), 79.6°F (July).
- Average rainfall: 20.8 inches/year.
- Average snowfall: 0.1 inches/year.
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
Property Features:
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Each home:
- 3 bedrooms, 1 bathroom, 936 sq. ft.
- New double-pane windows.
- Bonus room and second bathroom (garage conversion in 2575).
- Fireplace, cooling system, parking garage (converted in 2575).
- Large lots: 2575 on 8,276 sq. ft. (verify), total parcels approx. 15,000 sq. ft..
- Potential for expansion, gardening, or redevelopment.
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Zoning:
- PD-Planned Development.
- General Plan: Commercial/professional office/residential high density.
Location Benefits:
- Close to shopping, dining, parks, and Campbell schools.
- Easy access to major freeways and alternative routes.
- Vibrant, supportive community with strong growth potential.
- Live/work opportunity with commercial/office potential.
Investment Highlights:
- Flexible purchase options: Buy individually or together.
- Approved for high-density residential and commercial development.
- Current rental income with future redevelopment upside.
- Contact listing agent for details, plans, and disclosures (MLS Doc Central).