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425 S Mathilda Ave
Sunnyvale, CA 94086
Land For Sale
·
0.75 AC
Investment Highlights
- True TOD Development
- Great Visibility & Traffic
- Abundant Retail, Class A Office & Entertainment Amenities
- Downtown Very High Density Residential
- Affluent Location
- Big Tech & Aerospace Epicenter
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.75 AC |
| Zoning | DSP-1 - Downtown Very High Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.75 AC |
| Zoning | DSP-1 - Downtown Very High Residential |
1 Lot Available
Lot
| Price | $9,000,000 | Lot Size | 0.75 AC |
| Price Per AC | $12,000,000.00 |
| Price | $9,000,000 |
| Price Per AC | $12,000,000.00 |
| Lot Size | 0.75 AC |
Description
Avison Young is pleased to present the opportunity to acquire 425 South Mathilda Avenue, a ±0.75 acre high-density residential development site in the heart of Downtown Sunnyvale, California. The property is located within Block 14 of Sunnyvale’s Downtown Specific Plan, designated as Downtown Very High Density Residential. Situated less than half a mile from the Sunnyvale Caltrain Station, the site qualifies as a true transit-oriented development and presents a opportunity to deliver premium condominiums, multifamily units, or an affordable housing project leveraging density bonuses and streamlined entitlements available to TOD sites under current state housing legislation. The property is surrounded by walkable amenities including Whole Foods, Target, AMC Theatres, and Historic Murphy Avenue with over 24 restaurants. Approximately 700,000 square feet of Class A office lines Mathilda Avenue within three blocks of the property, anchored by major tech and aerospace tenants. Sunnyvale is among the most affluent communities in Silicon Valley, reflecting the depth of demand for quality housing in this submarket.
Property Taxes
| Parcel Number | 165-03-003 | Improvements Assessment | $896,818 |
| Land Assessment | $1,665,527 | Total Assessment | $2,562,345 |
Property Taxes
