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Land (For sale)
31,694 sqft
Reference:
EDEN-T102905075
/ 102905075
Unique development opportunity in Sunnyvale, California, encompassing approx 31,364 SF across 2 parcels. Currently, 1 parcel hosts a vacant commercial building, while the other contains a vacant single-family residence. The approved proposed project envisions 4 residential buildings, each featuring 6 condo units on 3 levels, plus a common rooftop garden. Each level houses 2 units, offering a total of 24 units with a mix of 12 three-bedroom/two-bath units & 12 two bedroom/two-bath units complete with individual patios. The total livable area spans roughly 29,450 SF. Each unit includes a private 2 car garage, complemented by an additional 10 unassigned outdoor parking spaces, including 2 ADA-accessible spots, for a total of 58 spaces. The property benefits from its prime Silicon Valley location, just a short 6 minute drive to the Sunnyvale Caltrain station & the Google Headquarters. Zoned R4 for multifamily use, the site holds a medium-density designation under the general plan. This location offers a highly desirable core position within Silicon Valley, a global technology hub home to over 500 tech companies and 15 Fortune 500 corporations. This project presents a rare opportunity to develop residential units in a market with significant demand & limited supply.
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Unique development opportunity in Sunnyvale, California, encompassing approx 31,364 SF across 2 parcels. Currently, 1 parcel hosts a vacant commercial building, while the other contains a vacant single-family residence. The approved proposed project envisions 4 residential buildings, each featuring 6 condo units on 3 levels, plus a common rooftop garden. Each level houses 2 units, offering a total of 24 units with a mix of 12 three-bedroom/two-bath units & 12 two bedroom/two-bath units complete with individual patios. The total livable area spans roughly 29,450 SF. Each unit includes a private 2 car garage, complemented by an additional 10 unassigned outdoor parking spaces, including 2 ADA-accessible spots, for a total of 58 spaces. The property benefits from its prime Silicon Valley location, just a short 6 minute drive to the Sunnyvale Caltrain station & the Google Headquarters. Zoned R4 for multifamily use, the site holds a medium-density designation under the general plan. This location offers a highly desirable core position within Silicon Valley, a global technology hub home to over 500 tech companies and 15 Fortune 500 corporations. This project presents a rare opportunity to develop residential units in a market with significant demand & limited supply.
Reference:
EDEN-T102905075
Country:
US
City:
Sunnyvale
Postal code:
94085
Category:
Residential
Listing type:
For sale
Property type:
Land
Property size:
31,694 sqft