
Campbell, California 95008
Analysis of 142 N Central Avenue, Campbell, California 95008 is currently available with a list price of $1,848,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Campbell Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1979, this mixed-use property is over 40 years old and features dated interior finishes, including basic office carpeting and older linoleum flooring in the bathroom. While the systems are functional with central A/C and the exterior is well-maintained, the interior aesthetics and fixtures require modernization to meet current market standards.
Situated in the heart of Downtown Campbell, this property boasts an exceptional walkability score with immediate access to the Farmers Market, local dining, the Pruneyard, and VTA Light Rail.
The dual-level layout featuring a 1,335 SF ground-floor office and a 2-bedroom residence—each with separate PG&E meters and HVAC systems—offers a perfect live-work setup or a flexible dual-income investment.
Rare for a downtown location, the property provides nine total parking spaces, including seven dedicated commercial spots and two residential carport spaces, significantly enhancing its commercial appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2670, other record living area = 1804.
The property has undergone a $100,000 price reduction after nearly a month on the market, indicating potential difficulty in aligning the initial valuation with current buyer demand for mixed-use assets.
Built in 1979, the building may require capital expenditures for modernization or aesthetic upgrades to remain competitive against newer commercial and residential developments in the area.
Welcome to a beautiful mixed use building with ground level 1,335 SF office space and second level 2 bedroom home in Downtown Campbell. Both units have their own central A/C unit. Two designated residential carport spaces. Seven open parking spots for commercial unit. Separate PG&E meters. Wonderfully walkable location in Downton Campbell. Walk to restaurants and Campbell Farmers Market. Great proximity to The Pruneyard, Los Gatos Creek Trail and VTA Light Rail. Convenient commute location with easy access to San Tomas Expressway, Highway 17/880 and Highway 280.
No exterior & parking available.
No sensitive facilities data found.
Aug 14, 2026
$1,848,000
$1,948,000
-5% Price Drop
Initial Listing
Jul 22, 2026
$1,948,000
Initial Listing