Property San Francisco (United-States) Price: $ 3,000,000 USD

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224-228 Clara Street is a vacant property in the South of Market District on a 3,600 SF lot that is entitled for a 5-story 9-unit multifamily development. The property is currently a vacant building. Ownership has obtained entitlements to build a 9-unit multifamily property consisting of eight (8) 2-bedroom/2-bathroom units and one (1) 1-bedroom/1-bathroom unit. When complete, the property will be LEED Silver certified and will feature open living/dining/kitchen spaces, direct elevator access to each unit, and a lobby with up to 17' high ceilings. The proposed development was designed by renowned local architect Stanley Saitowitz of Natoma Architects Inc., designer of innovative buildings such as 8 Octavia and 603 Tennessee. The South of Market District embodies a vibrant blend of residential, retail, office, and industrial spaces. Over the past decade, the neighborhood has undergone a remarkable surge in residential development, resulting in a thriving community with a growing population and an array of retail offerings. The investment appeal of the property is its central location in the City and its potential as a fully entitled multifamily redevelopment.

Advertiser reference: 91410530 - Le Figaro Properties reference: 61520638

In detail

- Surface N/A^*
- Rooms N/A^*
- Bedrooms N/A^*
- Land N/A^*
- Construction N/A^*
- Parking N/A^*
- Bathrooms N/A^*
- Toilets N/A^*
- Exposure N/A^*
- Heating N/A^*
- Kitchen N/A^*
- Property tax N/A^*
Energy Performance Certificate

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*GreenHouse Gas emission

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$ 3,000,000
Finance my mortgage

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Property San Francisco (United-States)

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