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.
A rare development opportunity awaits with this one-acre lot in the highly sought-after Lakewood neighborhood of Sunnyvale!An ideal location with convenient access to Hwy 101, Hwy 237, and Lawrence Expressway, plus proximity to schools, parks, shopping, dining, fitness centers, and major tech companies. This property offers exceptional potential for investors and builders alike. Plans for six single-family homes have been submitted and are currently under review by the City of Sunnyvale. PLEASE NOTE, the visual rendering is provided for reference only and has not yet been approved by city or county authorities. Buyer and buyers agent are encouraged to conduct their own due diligence.With its prime location and endless possibilities, this lot is a blank canvas, ready for the creative vision of the right builder, developer, or investor. Dont miss this incredible opportunity!
A rare development opportunity awaits with this one-acre lot in the highly sought-after Lakewood neighborhood of Sunnyvale!An ideal location with convenient access to Hwy 101, Hwy 237, and Lawrence Expressway, plus proximity to schools, parks, shopping, dining, fitness centers, and major tech companies. This property offers exceptional potential for investors and builders alike. Plans for six single-family homes have been submitted and are currently under review by the City of Sunnyvale. PLEASE NOTE, the visual rendering is provided for reference only and has not yet been approved by city or county authorities. Buyer and buyers agent are encouraged to conduct their own due diligence.With its prime location and endless possibilities, this lot is a blank canvas, ready for the creative vision of the right builder, developer, or investor. Dont miss this incredible opportunity!
The median home value in Sunnyvale, CA is $1,627,500. This is higher than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Sunnyvale, CA is $1,627,500. Approximately 43.15% of Sunnyvale homes are owned, compared to 51.98% rented, while 4.87% are vacant. Sunnyvale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sunnyvale real estate agent to arrange a tour today!
Sunnyvale, California has a population of 155,550. Sunnyvale is more family-centric than the surrounding county with 41.29% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Sunnyvale, California is $161,670. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Sunnyvale is 35.2 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 15.4 inches per year, with 0 inches of snow per year.