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$2,600,000   Price Analysis
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189 Magnolia St
San 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

Property Details

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.
Listing Agent Photo

Property MLS #424042458 from SanFrancisco

Bedrooms: 18

Total Bathrooms: 12
Full Bathrooms: 12

Lot Dimensions Source: SqFt
Lot Size Acres: 0.0757576
Lot Size Square Feet: 3300

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: San Francisco
Cross Street: Webster
Source Property Type: Residential
Area: SF District 7
Property Subtype: condo
Source Neighborhood: SF District 7
Parcel Number: 0493-014
Property Subtype: Condominium
Source System Name: C2C

Listed 2024-06-17
$2,600,000
SanFrancisco

Total Square Feet Living: 7000
Year Built: 1915
Property Age: 109
Structure Type: Luxury

Marina Middle School is a public middle school located approximately 0.1 miles away.
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Sherman Elementary School is a public elementary school located approximately 0.5 miles away.
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Altschool - Fort Mason is a private elementary and middle school located approximately 0.3 miles away.
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Mary L. Booker Leadership Academy is a public middle and high school located approximately 0.5 miles away.
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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.