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29874588
29874615

1550 La Pradera Dr, Campbell, CA 95008 For Sale

BD
CA 01967714
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto
$2,995,000
145 days on market
Updated 19 days ago

1550 La Pradera Drive

Details
Property Type Office
Sub Type Creative Office, Medical Office
Square Footage 4,500
Net Rentable (SqFt) 4,500
Units 6
Occupancy 67%
Tenancy Multi
Lease Type Gross
Price per SqFt $666
Class C
Year Renovated 2025
Buildings 1
Stories 2
Lot Size (SqFt) 17,424
Zoning PO (Professional Office)
Investment Type Owner/User
Sale Condition 1031 exchange

Awesome owner/user building with lots of additional income potential!

Marketing description

Excellent owner/user facility with functional rear yard space. The building is broken up into 6 individual units with tenant on Month-to-Month leases but the walls could be demised to convert the building into 2 contiguous spaces. Current zoning is PO (Professional Office) which allows for office/satellite office use, daycare/day school use, community space, and light retail. Located on a well travelled intersection (Campbell Ave and San Tomas Aquino Road) and surrounded by major retailers such as Grocery Outlet, Nob Hill Foods, REI, Crumbl Cookies. Less than a mile from Moreland School District, Latimer School, and Action Day Schools Middle school. PO zoning district includes administrative, professional, and research, and may provide customer service and instruction for personal or professional

Investment highlights

Great building for an owner/user who wants to collect additional income by leasing out the remaining units. Current tenants are month to month paying low rents. Tons of upside. This is an ideal building for several businesses such as childcare, dentistry, physical therapy, or other various medical uses. Would also be great for standard office type uses.

Listing Contacts

BD
CA 01967714
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto

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Additional Information

Name
Bryan DiMesio
License
01967714
Brokerage
Marcus & Millichap
Brokerage Phone
(650)391-1700
Title
Senior Director Investments
Brokerage Address
2424 Hanover Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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