421 E Washington Avenue, Sunnyvale, California 94086, Sunnyvale, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$2,250,000
421 E Washington Avenue, Sunnyvale, California 94086
0Bed
0Bath
2,202Sqft
8,100Lot
Year Built
1953
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
-
HOA
-
Days on market
56 Days
Sold On
2025-11-07
MLS number
ML82021364
Home ConditionTear down
Features
ViewNone

About this home

Exceptional Development Opportunity for Owner-Users, Investors, Contractors, and Developers! Currently configured as a duplex, featuring a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit. This property sits on a generous 8,100 sq ft lot just minutes from vibrant downtown Sunnyvale. Enjoy proximity to excellent schools, parks, shopping, dining, Caltrain, major tech employers, and transportation hubs. Previously approved for subdivision into two separate lots, the property was in process to obtain permit to construct two brand-new single-family homes, each over 2,300 sq ft on its own lot. Please note that the original subdivision approval has expired; the new owner will need to reapply. Larger or more units possible with ADU and SB9. All information regarding lot size, square footage, and development potential is believed to be reliable but is not guaranteed. Buyers are strongly encouraged to conduct their own due diligence, including independent verification of square footage and development feasibility under current regulations.

Nearby schools

6/10
Ellis Elementary School
Public,K-50.4mi
4/10
Bishop Elementary School
Public,K-50.8mi
3/10
Columbia Middle School
Public,6-81.2mi
6/10
Sunnyvale Middle School
Public,6-81.9mi
7/10
Fremont High School
Public,9-121.6mi

Price History

Date
Event
Price
09/12/25
Listing
$2,250,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds00
Baths00
Square foot2,2022,021
50%
Lot Size8,1008,010
50%
Price$2.25M$2.05M
50%
Price per square foot$1,022$1,014
50%
Built year19539765978
50%
HOA
Days on market5462
50%
Condition Rating
Tear down

The property was built in 1953, making it over 70 years old. The listing description explicitly highlights an 'Exceptional Development Opportunity' to construct 'two brand-new single-family homes,' with no mention of the current duplex's condition or any recent renovations. The provided images are renderings of these proposed new homes, not the existing structure. This strongly indicates that the value is in the land and its redevelopment potential, and the current structure is likely considered a tear-down for that purpose.
Pros & Cons

Pros

Significant Development Potential: The property is explicitly marketed as an 'Exceptional Development Opportunity,' with a history of subdivision approval and potential for multiple new single-family homes or increased density via ADU/SB9.
Prime Sunnyvale Location: Situated minutes from vibrant downtown Sunnyvale, offering excellent access to major tech employers, Caltrain, shopping, dining, and transportation hubs in a highly desirable market.
Generous Lot Size: A substantial 8,100 sq ft lot provides ample space for significant redevelopment or expansion, a valuable asset in this urban environment.
Existing Income-Generating Duplex: The current configuration as a duplex offers immediate rental income, providing holding power for investors or owner-users during development planning.
Access to Top-Rated Schools: Proximity to well-regarded elementary, middle, and high schools enhances the property's appeal to families and contributes to long-term value.

Cons

Expired Development Approvals: The previous subdivision approval has expired, requiring the new owner to reapply, which introduces additional time, cost, and regulatory uncertainty to the development timeline.
Extensive Due Diligence Required: Buyers are explicitly advised to conduct their own due diligence regarding development feasibility, indicating potential complexities and risks that need thorough investigation.
Older Property Condition: Built in 1953, the existing duplex is likely dated and would require significant renovation or demolition, adding substantial costs to any redevelopment project.

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