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Listed by Brett Barron • Capital Realty Group, DRE#00893787
$1,950,000
Est. payment /mo
7,500 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Other Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82043788
Lot Size 7,500 Sqft
Property Sub-Type Other Commercial Land
Property Description
513 Irving Street offers a rare opportunity to acquire a fully entitled, shovel-ready mixed-use development in San Franciscos Outer Sunset one of the citys most supply-constrained and stable residential neighborhoods. Entitled under SB 423, the project is CEQA-exempt and fully compliant with objective zoning standards, substantially minimizing entitlement risk. With a completed lot merger and clean approvals in place, the site is ideally positioned for a builder or developer to pursue 100% market-rate multifamily or for-sale condominium exit strategies. The Outer Sunsets enduring appeal to both owner-users and long-term investors combined with limited new supply supports a wide range of profitable outcomes. The projects ground-floor retail space enhances its mixed-use value, catering to the neighborhoods walkable commercial corridor and offering upside from both residential and commercial tenancy. With a completed lot merger and clean entitlement package in place, the project is ideally positioned for a builder or developer seeking to take advantage of condo-level exit pricing in a neighborhood that commands strong demand from both owner-users and investors.
Location
State CA
County San Francisco
Area 2 - Central Sunset
Zoning NC2
Exterior
Fence Chain Link
Utilities Available Electricity - Available at Street
View City
Building
Lot Description Grade - Level
Sewer Other
Water Water Available at Street
Others
Tax ID 1781-049
Horse Property No
Special Listing Condition Not Applicable
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Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971