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210 W Ahwanee Ave - 210 & 214 W. Ahwanee Ave - Development Site
0.73 Acres of Residential Land Offered at $12,000,000 in Sunnyvale, CA 94085
Executive Summary
.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 | $12,000,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 0.73 AC |
Price | $12,000,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.73 AC |
1 Lot Available
Lot
Price | $12,000,000 | Lot Size | 0.73 AC |
Price Per AC | $16,491,672 |
Price | $12,000,000 |
Price Per AC | $16,491,672 |
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.
PROPERTY TAXES
Parcel Number | 204-03-003 | Improvements Assessment | $0 |
Land Assessment | $1,706,742 | Total Assessment | $1,706,742 |
PROPERTY TAXES
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) |
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210 W Ahwanee Ave - 210 & 214 W. Ahwanee Ave - Development Site
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