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ActiveCondo

$599,888

243 E Latimer Ave Apt 4, Campbell 95008

Beds2
Baths1
Sqft798
DOM48
No Photos Available

Size check

The listing's square footage against the county assessor's record and the permits on file.

Listing
798 sqft
County record
798 sqft
Difference
+0 (+0%)

The listing and the county record agree within 10%.

What can explain a difference
  • Space built without a permit.
  • Permitted work the assessor has not recorded yet.
  • An ADU, a finished basement or a converted garage counted in one figure and not the other.
  • Different measuring. Listing agents and the assessor often measure the same house differently.
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AddressIntel AI Briefing

This property should be evaluated strictly as an individual condo investment, comparing its price per square foot against recent community sales. The rental yield potential is solid, though the lack of other units for sale in the building limits any immediate bulk acquisition play.

Property Permit History

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

Recent Neighborhood Remodeling (Campbell)

Parcel & Zoning Info

APN27936176
Official Lot Sqft1,742
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score52/100
Price / Sqft$752 vs $758 mkt
Price vs Market-0.8% At market
Est. Rent$2,083/mo

Price positioning vs. 119 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Seller Motivation

Motivation Score12/100
Low motivation
45+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

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

Rosemary

Campbell Union

0.6 miles away
Middle School

Monroe Middle

Campbell Union

1.2 miles away
High School

Del Mar 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

79/100

Based on recent sales velocity and local demand in 95008.

Flippability Score

30/100

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.

Median of 12 recent condo sales in Campbell (95008): $658/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,200 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

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

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$660,000
New Build1,200 sqft
Total Capital Required$1,434,888
Estimated Resale (ARV)$829,200
Cost of Sale (5%)-$41,460
Carry (33mo @ 7%)-$195,847
Net Proceeds$591,893

Projected Profit

-$842,995
-58.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Campbell 95008)

Sized to the modelled 1,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3591 S Bascom Ave Apt 13

Sold
$645,000
Sold: 2026-10-13
Lot: -
Sqft: 970
$/Sqft: $665

586 Latimer Cir

Sold
$900,000
Sold: 2026-10-01
Lot: 1,222
Sqft: 1364
$/Sqft: $660

207 Watson Dr Apt 3

Sold
$575,000
Sold: 2026-09-28
Lot: -
Sqft: 903
$/Sqft: $637

287 Watson Dr Apt 2

Sold
$555,000
Sold: 2026-09-04
Lot: -
Sqft: 903
$/Sqft: $615

21 N 2nd St Unit 407

Sold
$1,077,375
Sold: 2026-08-26
Lot: 570
Sqft: 1289
$/Sqft: $836

909 Apricot Ave Apt C

Sold
$760,000
Sold: 2026-08-12
Lot: -
Sqft: 1187
$/Sqft: $640

905 Apricot Ave Apt G

Sold
$780,000
Sold: 2026-07-28
Lot: 1,135
Sqft: 1187
$/Sqft: $657

515 Union Ave

Sold
$1,062,000
Sold: 2026-06-18
Lot: -
Sqft: 1332
$/Sqft: $797

300 Union Ave Apt 27

Sold
$650,000
Sold: 2026-06-18
Lot: 6,635
Sqft: 1127
$/Sqft: $577

101 Redding Rd Apt A4

Sold
$768,888
Sold: 2026-05-28
Lot: -
Sqft: 1345
$/Sqft: $572

850 Apricot Ave Apt A

Sold
$825,000
Sold: 2026-05-11
Lot: 1,019
Sqft: 1065
$/Sqft: $775

123 Dot Ave

Sold
$935,000
Sold: 2026-05-04
Lot: 1,619
Sqft: 1344
$/Sqft: $696