599 E TAYLOR Ave, Sunnyvale, CA 94085 | MLS# 80948154
599 E TAYLOR Ave Sunnyvale, CA 94085
Sq. Ft.: 780
$/Sq. Ft.: $769
Lot Size: 9,800 Sq. Ft.
Property Type: Detached Single Family
Year Built: 1940
County: Santa Clara
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 38 days
* * * PERFECT FOR DEVELOPERS * * * THE VALUE IS IN THE LAND * * * * PRIME CORNER LOT WITH TWO SINGLE FAMILY DETTACHED RENTAL HOMES. ALSO AVAILABLE IS THE ADJACENT PROPERTY AT 425 N. FAIROAKS AVE WITH 7,851 SQ. FT. LOT WITH A 2 BD/1 BA HOUSE. 13 UNITS TOWNHOUSES CAN BE BUILT PER SELLERS. BUYERS TO CHECK WITH THE CITY TO CONFIRM. EASY ACCESS TO 101/CENTRAL EXPRESSWAY.
Thanks to Burbed reader sonarrat for this find.
At first I was pretty perplexed. $769 per square foot seemed a bit high.. I’d expect a mere $580. But… oh! it’s a huge lot that’s perfect for development!
And wow, talk about convenient location that townhouse buyers will love!
Any budding real estate developers here want to speculate how much these 13 townhouses will fetch?
Personally, I’m wondering if instead you should build a nice tall building instead, with a fancy retailer in the first floor. How about a Gucci? Or even a Godiva might do. Starbucks?
I bet you could easily quintuple your investment. Or… you could just live here! Houston living with California prices! Sweet!