10231 Adriana Avenue, Cupertino, CA 95014

$8,200,000 Asking Price

4 beds
3 baths
2,766  sqft
Built in 1979

Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California. Cupertino has an A+ rating for Best Places to Live Index, ranking #4 of 509 cities in the Safety Index and #6 to Raise a Family. This prime site is identified in the City of Cupertino's Housing Element for a streamlined planning and approval process. The site is situated on a generous 61,855 square-foot lot, the property has City Services at the street and can accommodate up to 13+ new dwellings based on zoning codes and according to the Cupertino Planning Department recommendations. On Tuesday, May 14 at 6:45 p.m, the Cupertino City Council will hold a public hearing on the Housing Element adoption. The Planning Comm'n conducted a public hearing at a special meeting on Monday, April 29, 2024, recommending by a 3-2 vote that the City Council adopt the Housing Element and the related associated amendments necessary for its adoption. In line with Cupertino's progressive vision, the city's planning department is in the process of rezoning the property to R3/TH zoning designation, paving the way for the development of the 13 units. This allocation allows developers streamlined processes and density bonuses and DOES NOT include BMR requirements.


Features & Amenities

Interior

A/C:
true, None
Heating:
true, Central

Exterior

Parking:
Parking spaces: 2

Construction

Roofing:
Other
General:
Concrete Perimeter

Location

Originating MLS:
CRMLS
School District:
Other
County:
Santa Clara

Lot

Zoning:
R110, 32620034

Financial

Source:
CRMLS

This listing courtesy of:
KW Bay Area Estates, Mark Miano

About Cupertino, CA

Housing

Number of Units
22,331
Median Home Value
$1,183,050
Median Rent
$2,114

41.89% of housing units are renter occupied.

4.98% are vacant.

Commute

Car
58.74%
Public Transportation
2.00%
Walk to Work
1.88%
Work from Home
35.91%
Other
0.75%

The median travel time to work is 21 minutes.

People

Population
60,505
Median Age
41.50
Median Household Size
3.23

Education

High School
4.94%
Associate’s Degree
4.65%
Bachelor’s Degree
34.12%
Graduate Degree
47.02%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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