761 Margaret Lane, Campbell, California 95008, Campbell, 95008 - 2 bed, 1 bath
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Campbell, California 95008
This Value-Add Multi-Unit Asset represents a strategic acquisition with a List Price of $1,875,995. Although the current Fair Market Value is $1,637,505, the valuation reflects the rare two homes on one lot configuration and a massive 8,750 sqft lot. With a Condition Rating of 5, the property requires a full-scale renovation to unlock its maximum ROI. The expansive lot and dual-residency setup offer significant development potential or high-yield rental income in a prime Campbell neighborhood. This project is perfectly suited for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 761 Margaret Lane Subject | $1,875,995* List Price | 2 | 1 | 1,152 | $1,421 | - |
A 912 Connie Drive Sold | $1,560,000 | 4 | 2 | 1,189 | $1,312 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, the property features an old-fashioned kitchen with dated oak cabinetry and tile countertops, along with outdated bathrooms. The listing explicitly identifies the home as a 'fix-and-flip' project with 'significant upside potential,' indicating it requires a full rehab rather than minor cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8750, living area = 1152.
The property features two separate residences on a single lot, providing exceptional flexibility for rental income, multi-generational living, or a dedicated home office setup.
Situated on a generous 8,750-square-foot lot, this property offers substantial upside for expansion, a complete rebuild, or a high-value fix-and-flip project in a prime location.
With the original structure dating back to 1948, the property likely requires significant modernization and capital investment to meet contemporary living standards.
The main residence offers only 1,152 square feet with a 2-bedroom, 1-bathroom configuration, which may be restrictive for families seeking a larger move-in-ready home.
Rare opportunity in a desirable Campbell location! This unique property features two homes on one lot, offering exceptional flexibility for homeowners, investors, or developers. The main residence offers 1,152 square feet with 2 bedrooms and 1 bathroom, providing a comfortable layout with great natural light and plenty of potential to update, expand, or reimagine. The second home is approximately 600 square feet and includes 1 bedroom and 1 bathroom, making it ideal for extended family, guests, rental income, or a private home office. Situated on a generous lot, the property presents multiple possibilities perfect for multi-generational living, an investment opportunity, a fix-and-flip project, or potential future development. Located in a convenient Campbell neighborhood close to shopping, dining, parks, and commuter routes, this is a rare chance to own a versatile property with significant upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 7% |
| Baths | 1.0 | 3.0 | 15% |
| Square foot | 1,152 | 1,887 | 19% |
| Lot Size | 8,750 | 8,100 | 67% |
| Price | $1.88M | $2.20M | 33% |
| Price per sq ft | $1.6K | $1.2K | 78% |
| Built year | 1948 | 1962 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 99 | 15% |
Apr 29, 2026
$1,875,995
Initial Listing