224 Clara ST Active

San Francisco,CA 94107

$ 2750000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Active

Purchase Type For Sale

MLS Listing ID 424076132

HOA Y/N No

Lot Size 3,600 Sqft

Acres 0.0826

Property Description

Situated in a prime South of Market location with excellent east bay, peninsula and downtown access, 224-228 Clara is an exceptional, shovel-ready, fully entitled development opportunity, designed by Stanley Saitowitz. Currently, the 3600 square foot lot has a vacant residential structure permitted for demolition and unimproved open space. The developed project consists of 8 market rate 2 bedroom/2 bath apartments of 1180 square feet and a single 1BR/1BA Below Market apartment of 870 square feet. As designed, the units would have open floorplans, floor to ceiling glass, unique circular bathrooms and generous kitchen islands. Top floor units would have panoramic City views. All residential floors have elevator service directly to each apartment. There is 640 SF of common roof deck with sweeping City views, lobby with bike storage and one unit with exclusive outdoor space. Construction is steel moment frame with Fire Treated Wood. This is a truly rare opportunity to begin building a unique luxury development in contrast to other cookie cutter builds in the area.

Location

State CA

County San Francisco

Area Sf District 9

Interior

Fireplace No

Exterior

Utilities Available Electric TBD

Building

New Construction No

Others

Tax ID 3753701

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