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Investment Highlights
- Status: Approved, Ready for Tentative Map
Executive Summary
11 @ 3-Story Townhomes
23 Condominiums (Residential Apartments): ~64,100 SF Total Building Size
~75,000 SF Neighborhood Retail
Status: Approved, Ready for Tentative Map
All Parking is at Grade
Affordable - Townhomes: 1 @ Median Income / Condominiums (Apartments): 2 @ Very Low Income / 1 @ Low Income; 1 Additional @ Very Low Income as a Part of State Density Bonus
Site Size: ~1.69 Acres (~73,570 SF)
Assessor's Parcel Numbers: 366-10-061, 126
Existing ~11,648 Square Foot single-story commercial building to be demolished by Buyer
All tenants are currently on month-to-month rental agreements
Zoning: P (CG, Res 5-15) with the following Overlays: CP-South Saratoga Sunnyvale Rd Conceptual Zoning Plan Special Zoning Area; Land Use Commercial/Office/Residential; South De Anza Special Area (15 du/ac)
General Plan: Commercial/Office/Residential
Owner: Prospect Venture, LLC
Architect: The Dahlin Group
City Contact: Gian Paolo Martire, Senior Planner; gianm@cupertino.org; (408) 777-3205
23 Condominiums (Residential Apartments): ~64,100 SF Total Building Size
~75,000 SF Neighborhood Retail
Status: Approved, Ready for Tentative Map
All Parking is at Grade
Affordable - Townhomes: 1 @ Median Income / Condominiums (Apartments): 2 @ Very Low Income / 1 @ Low Income; 1 Additional @ Very Low Income as a Part of State Density Bonus
Site Size: ~1.69 Acres (~73,570 SF)
Assessor's Parcel Numbers: 366-10-061, 126
Existing ~11,648 Square Foot single-story commercial building to be demolished by Buyer
All tenants are currently on month-to-month rental agreements
Zoning: P (CG, Res 5-15) with the following Overlays: CP-South Saratoga Sunnyvale Rd Conceptual Zoning Plan Special Zoning Area; Land Use Commercial/Office/Residential; South De Anza Special Area (15 du/ac)
General Plan: Commercial/Office/Residential
Owner: Prospect Venture, LLC
Architect: The Dahlin Group
City Contact: Gian Paolo Martire, Senior Planner; gianm@cupertino.org; (408) 777-3205
Property Facts In Escrow
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.71 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | C1H - Commercial/ residential housing | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.71 AC |
| No. Stories | 1 |
| Zoning | C1H - Commercial/ residential housing |
1 Lot Available
Lot
| Lot Size | 1.71 AC |
| Lot Size | 1.71 AC |
Description
Proposed multi-family and retail building
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 366-10-061 | Improvements Assessment | $2,259,725 CAD |
| Land Assessment | $8,022,037 CAD | Total Assessment | $10,281,763 CAD |
Property Taxes
Parcel Number
366-10-061
Land Assessment
$8,022,037 CAD
Improvements Assessment
$2,259,725 CAD
Total Assessment
$10,281,763 CAD
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1655 S De Anza Blvd
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