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ActiveSingle Family

$4,250,000

1509 Walnut Dr, Campbell 95008

Beds3
Baths3
Sqft3,630
DOM4
No Photos Available

AddressIntel AI Briefing

Despite the modern 2013 construction making a teardown wasteful, the massive half-acre lot presents a perfect canvas for an SB 9 lot split into multiple units. Alternatively, a stealth density play of adding a primary home expansion plus luxury detached ADUs would maximize this highly coveted Campbell parcel. The absence of flood, fire, or seismic hazards removes any typical development blockers.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Campbell)

Parcel & Zoning Info

APN40622028
Official Lot Sqft21,780
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score100/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage16.7%

Flag / irregular · Corner lot · ~196 ft frontage × 215 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Redevelopment Potential

Redevelopment Score56/100
ClassExpansion room
FAR Utilization37% of allowed
Buildable Headroom+6,171 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 9,801 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR rule curated from current municipal code. Source: Campbell Muni Code 21.08.050 Table 2-4 (Ord. 2293/2299, 2023) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Capri Elementary

Campbell Union

0.2 miles away
Middle School

Rolling Hills Middle

Campbell Union

1.4 miles away
High School

Westmont High

Campbell Union High

1.4 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

78/100

Based on recent sales velocity and local demand in 95008.

Flippability Score

70/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

14%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Zoning allows roughly 9,801 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.

Median of 12 recent single-family sales in Campbell (95008): $1,160/sqft. No size-matched sales in Campbell, so this median mixes build sizes and reads high for a large rebuild.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$5,390,000
New Build9,800 sqft
Total Capital Required$9,815,000
Estimated Resale (ARV)$11,368,000
Cost of Sale (5%)-$568,400
Net Proceeds$10,799,600

Projected Profit

$984,600
10.0% ROI

Warning: Margin is tight for the construction risk.

Recent Comparables (Campbell 95008)

No size-matched sales in Campbell, so these are unmatched on size and the ARV below is a loose estimate.

670 W Rincon Ave

Sold
$1,530,000
Sold: 2026-09-18
Lot: 8,024
Sqft: 1211
$/Sqft: $1,263

690 Elden Dr

Sold
$3,300,000
Sold: 2026-09-18
Lot: 10,860
Sqft: 2133
$/Sqft: $1,547

801 Monica Ln

Sold
$1,920,000
Sold: 2026-09-14
Lot: 8,976
Sqft: 2056
$/Sqft: $934

188 Harrison Ave

Sold
$1,650,000
Sold: 2026-09-08
Lot: 2,178
Sqft: 1733
$/Sqft: $952

1346 El Moro Dr

Sold
$2,700,000
Sold: 2026-09-08
Lot: 11,315
Sqft: 2454
$/Sqft: $1,100

845 Sharon Ct

Sold
$1,812,000
Sold: 2026-09-04
Lot: 10,051
Sqft: 1485
$/Sqft: $1,220

905 Sheila Ct

Sold
$1,950,000
Sold: 2026-09-04
Lot: 6,936
Sqft: 1326
$/Sqft: $1,471

122 Sunnyside Ct

Sold
$2,610,000
Sold: 2026-09-03
Lot: 2,174
Sqft: 2996
$/Sqft: $871

204 Hardy Ave

Sold
$1,950,000
Sold: 2026-09-03
Lot: 9,375
Sqft: 1437
$/Sqft: $1,357

140 S Peter Dr

Sold
$5,700,000
Sold: 2026-08-31
Lot: 35,615
Sqft: 4012
$/Sqft: $1,421

104 Hardy Ave

Sold
$3,650,000
Sold: 2026-08-31
Lot: 9,375
Sqft: 3318
$/Sqft: $1,100

1001 W Latimer Ave

Sold
$1,575,000
Sold: 2026-08-31
Lot: 6,000
Sqft: 1464
$/Sqft: $1,076