Portola Valley CA Real Estate & Land For Sale

Incredible opportunity to develop 1.7 acres of hillside land w/ expansive views, previously approved for 78 Single family residences with an approved conditional use authorization (1972) and Environmental Impact Report. Attractively low price is reflective of parcel being located behind PUC (SF Water Dept) land and requiring an easement through the existing gated pathway plus motivation of seller to transact in short order. Property appraised for $9,251,000 in 2021 which assumed access/easement to parcel. Seller will cooperate and credit buyer for any legal proceedings through escrow up to a maximum of $100,000 for costs incurred to secure an easement through existing gateway and unpaved road to parcel. No utilities currently connected or any physical improvements made to date, however, residential developments (apartments and single family residences) are adjacent to parcel both utilizing public utilities. Seller was the holder of the note from original buyer and is selling the property as-is. Property is accessible (with PUC permission) through two positions, one on Clarendon Road and one at the junction of 7th Avenue and Portola Ave. Non-finance conditioned offers to be considered by or after an offer date of 4/2/24 1 p.m. Serious inquiries only, please.

The property is a paved and fenced surface parking lot, located mid-block on 12th Street, between Folsom and Harrison Streets. The site is situated on a block with two new, large apartment complexes. Multiple uses are permitted in the WMUG zoning district. The site is currently entitled for 48 group housing units which approved use may be modified or completely changed. The site is currently being used for vehicle parking and storage. Abundant restaurants and shopping in the neighborhood within blocks of the property. Great highway access and proximity to Downtown San Francisco and the Design District.

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.

Vacant site (currently a parking lot) entitled for 57 studio apartments. 1010V Mission Street is a nine-story residential infill project in SoMa, San Francisco. The plans create 57 apartments on a vacant lot (currently used for parking) between Mission and Market Street. The 84-foot tall structure will yield around 30,110 square feet with 20,060 square feet for housing, 400 square feet for community space, and 350 square feet for the 57-bicycle parking room. Of the 57 apartments, 44 will be priced at market rate, and 13 units for affordable housing. Facade materials will vary for the two street-facing facades. The exterior facing Mission Street will be clad with dark red brick veneer, similar to its two historic neighbors. The rear facade along Jessie Street will be clad with white stucco, while the entrance at ground level has some brick veneer decoration.

Fully Entitled, Shovel-Ready Development Project in lower Nob Hill historic neighborhood! Fully approved for 9 market-rate condominiums in a five-story, 50' residential building on a vacant lot. Possible 20+ units of affordable housing under state density bonus. Great opportunity for investors or developers. The Kerman Morris Architects design offers nearly 5,200 square feet of living space, 8,000+ gross square feet, rear yard, roof decks, and desirable 1BR/1BA layouts with a spacious flex room for an office, den, or reading area. Come see the plans! Motivated Seller.