SUNNYVALE — Planetary Ventures, a Google subsidiary that has launched a renovation of the landmark Hangar One in Mountain View, recently sold a small building in Sunnyvale to a veteran Bay Area real estate firm.
The Google unit sold a building at 494 South Bernardo Ave. to an affiliate controlled by California Communities and Mozart Development, according to documents filed on Dec. 19 with the Santa Clara County Recorder’s Office.
The Mozart Development homebuilding unit, California Communities, paid $15.5 million for the property, county real estate files show.
Planetary Ventures bought the property in 2007 for $6.3 million, a real estate database shows.
In 2024, CBRE, a commercial real estate firm, circulated a marketing brochure that stated the property was up for sale. The just-bought site totals 1.5 acres, marketing materials stated..
“Suburban core residential development opportunity” was listed as a potential future benefit for a buyer.
California Communities stated on its website that it is an independent homebuilder that’s active in the Bay Area. The company’s completed projects include single-family homes and townhouses.
A childcare center is located on the property, according to Google Maps.
