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210 W Ahwanee Ave - 210 & 214 W. Ahwanee Ave - Development Site

0.73 Acres of Residential Land Offered at £9,412,920 in Sunnyvale, CA 94085

Executive Summary

Approved Development Site
.72 Acres
24 Condominium Units + 58 Car Parking including 2 ADA Accessible
Private Patio Per Unit
Common Rooftop Garden with Solar Panels
Excellent Transit-Oriented Development Opportunity
Core Silicon Valley Location with Excellent Access to Major Employers
General Plan Designation: Medium Density Residential (32 DU/Acre)
1-year Extension of SDP 2018- 7006 (24-unit residential condo project) from 8/11/24 to 8/10/25.
Superb Residential Market with Strong Demand and Insufficient Housing Supply
Outstanding School District
Seller States Site is 'Shovel-Ready'

Property Facts

Price £9,412,920
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.73 AC

1 Lot Available

Lot

Price £9,412,920
Price Per AC £12,936,232
Lot Size 0.73 AC

Description

This unique development opportunity is situated on West Ahwanee Avenue in Sunnyvale, California, encompassing approximately 31,364 square feet across two parcels. Currently, one parcel hosts a vacant commercial building, while the other contains a vacant single-family residence. The approved proposed project envisions four residential buildings, each featuring six condominium units across three levels, plus a common rooftop garden. Each level houses two units, offering a total of 24 units with a mix of 12 three-bedroom/two-bath units and 12 two bedroom/two-bath units complete with individual patios. The total livable area spans roughly 29,450 square feet. Each unit includes a private two-car garage, complemented by an additional 10unassigned 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 six-minute drive to the Sunnyvale Caltrain station and 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 and limited supply.

Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
204-03-003
Land Assessment
£1,338,785
Improvements Assessment
£0
Total Assessment
£1,338,785

zoning

Zoning Code R4 (1-year Extension of SDP 2018- 7006 (24-unit residential condo project) from 8/11/24 to 8/10/25)
R4 (1-year Extension of SDP 2018- 7006 (24-unit residential condo project) from 8/11/24 to 8/10/25)
  • Listing ID: 34088771

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 210 W Ahwanee Ave, Sunnyvale, CA 94085

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