$2,600,000 Price Analysis 189 Magnolia StSan Francisco, CA 94123 18 bed 12 bath 7,000 SqFt ($371/SqFt) 3,300SqFt lot. Built 1915 Listed 2024-06-17 | Ⓧ USDA Ineligible due to price & location near San Francisco |
Prime Investment Opportunity: Approved Plans for Six Luxurious Units in San Francisco's Marina District Unlock the potential of this exceptional value-add opportunity nestled in the vibrant Marina district of San Francisco. With approved plans for a three-story building with about 7, 000 sqft of pproved habitable space, each unit boasting three bedrooms and two baths, this property promises unparalleled potential for investors and developers alike. According to Sirkin law units can also be sold separately as condos.
Location: Situated in the heart of Marina district, this property enjoys proximity to trendy cafes, upscale boutiques and scenic waterfront views, offering residents a quintessential San Francisco lifestyle. Approved Plans: Streamline your development process with pre-approved plans for a stylish three-story building housing six sizeable units, each thoughtfully designed to maximize comfort and functionality. Demolition Completed: Take advantage of the head start - demolition has already been completed, saving you time and effort in preparing the site for construction. Opportunity: Whether you're a developer seeking your next project or an investor looking to capitalize on the thriving real estate market, this property presents a lucrative opportunity for growth
Presented by Andreas Ernst at
Compass.
Property MLS #424042458 from SanFrancisco
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.