425 South Mathilda Avenue
Downtown Sunnyvale Residential Development
The Offering
- OFFERING PRICE Submit Offer
- LAND AREA ±0.75 AC / ±32,518 SF
- APN 165-03-003
- BUILDING AREA ±6,077 SF
- ZONING DSP-1 (Downtown Very High Density Residential)
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.
