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.
This newly APPROVED project offers a rare opportunity to build **SIX NEW SINGLE-FAMILY HOMES** on a one-acre lot in Sunnyvale's highly sought-after Lakewood neighborhood. Conveniently located near Hwy 101, Hwy 237, and Lawrence Expressway, this prime development site provides easy access to top schools, parks, shopping, dining, fitness centers, and major tech companies. City-approved plans are in place, making this an exceptional investment for builders and developers. **Note:** The provided rendering is for reference only. Buyers and agents should conduct their own due diligence. Dont miss this incredible opportunity to bring your vision to life!
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Sunnyvale is located in California. 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.
