Active
224 Clara Street
San Francisco CA, 94107
$3,000,000
$833.33 per sqft
Active
0.08 Acres
Land
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.
423900072
MLSⓇ ID
August 11, 2023
Listed
September 16, 2024
Updated
Map
224 Clara Street
San Francisco CA, 94107
Exterior/Building Features
Lot Size
0.08 Acres
Sewer
Public Sewer
Other Property Details
Area Name
SF District 9
Days on Market
350
Garage
No
Parking Total
0
View
No
County
San Francisco
Water Source
Public
Pool
No
Listed by Brian Leung with Compass Commercial
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 9/16/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jim Laufenberg & Amelia Wyman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:52 PM UTC, 9/16/2024