224 Clara Street
224 Clara Street
$3,000,000
3,598 / 0.08
Listed By Compass
Description
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...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.
Listing Agents
Property Details for 224 Clara Street
Directions to Property
5th Street
Cross Street5th St
Total Parking Spaces0
Location
LISTING UPDATED: 05/13/2024 10:46 AM
Property Details for 224 Clara Street
Status | Active |
---|---|
MLS # | 423900072 |
Days on Compass | 285 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Residential Lot |
Year Built | - |
Lot Size | 0.08 AC |
County | San Francisco County |
Location
Building Information for 224 Clara Street
Lot Size0.08 AC
Payment Calculator
$16,372 per month
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Property Information for 224 Clara Street
Property History for 224 Clara Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 224 Clara Street
This home is within San Francisco Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Daniel Webster Elementary School PublicK to 5 | ||
Lick (James) Middle School Public6 to 8 | ||
Five Keys Independence High School (Sf Sheriff's) Charter9 to 12 | ||
Five Keys Charter (SF Sheriff'S) School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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