This Campbell location is good as schools are related to Los Gatos area.
Very large lot is too good for builders as they can get good return.
Building is in original condition.
Note the property tax is (2014) $1417 !
https://www.redfin.com/CA/Campbell/1536-Capri-Dr-95008/home/819113
For primary owners, to beat the rent, they need to buy, remodel and live.
You can either sell it later for better price or build your own mansion when you have money.
Price is listed to attract buyers.