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.
Grand 4 Story over basement, Condos Units Project with Issuing Permits! It is a very good deal / investment! It is hard to find! Excellent location! Lower Pacific Height district! Hi-End neighborhoods! Huge Bonus: *The Basement Completely Done*! *The New Redwood Fences Completely Installed*! * Condo Unit 1: (to see Basement Plan & 1st Floor Plan), 2,096 Sq Ft, 3BR/3BA (1 master BR, study-RM considered be 1BR), large living room, formal dining room, and kitchen. * Condo Unit 2: (to see 2nd Floor Plan) with large roofing deck, 951 Sq Ft, 2BR/2BA, large living room, dining room, and kitchen. * Condo Unit 3: (to see 3rd Floor Plan & 4th Floor Plan) with large balcony, 2,108 Sq Ft, 3BR/2BA, large living room, dining room and large kitchen. All of plans, permits will be come up with for transferring before Close of Escrow.
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.
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