225 S Mathilda Avenue, Sunnyvale, CA 94086
Commercial property
Sold May 2018
Listing Agent: Jennifer Li (DRE #01714039) · Listing Office: Universal Network Group · Contact: 510-371-8377 · Bought with: Yu Chih Chiang · Movoto, Inc · MLS #ML81682670 · Source: CRMLS
How this sale compares
225 S Mathilda Avenue sold for $1,080,000 in May 2018, 0.9% over its $1,070,000 list price, after 145 days on the market. It was first listed at $1,398,500.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
Very convenient location at the heart of Sunnyvale and Sunnyvale financial district(10 banks within 2-3 blocks); walk to Caltran station and downtown civic center(Wholefood, Macy and Target and theaters just cross street in 2018-2019); High Tech cross street & nearby: Redhat, Broadcom, Nokia & Apple offices and LinkedIn(Google got all the vacant lot on N Mathilda); Nearby luxury residential condos: LOFT HOUSE & SOLSTICE;Traffic Count on South Mathilda Ave: 50,800 ADT(2016) should be higher now; DSP- Block 16 is for high density residential. Existing building allows professional office such as Law firms, CPA, Real Estate, Insurance broker. Future zoning R4: high density residential that require parcel assembly; limited retail usage; city not allow special permit for medical clinic, restaurant, coffee shop, daycare; city also allow grant father non-conforming use for beauty spa; also can be used as R0 per city
Listing description from the May 2018 sale, as reported to CRMLS.
Sale history