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$2,600,000

Beds
18
Baths
12.0
sq ft
7,000

189 Magnolia St, San Francisco, CA 94123

189 Magnolia St

San Francisco, CA 94123

  • 19 days on market
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 approved 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 spacious 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

Details

Property type

Condominium

Lot size

3,301.848 sq ft

Price per sq ft

$372

Year built

1915

Price History

06/17/2024
SFAR

SFAR #424042458

Listed
$2,600,000

Schools & Community

Neighborhood: 

Marina

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

6

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Status: Active

Tomo last checked: 07/06/2024 at 11:15 AM

Listing updated: 06/27/2024 at 5:43 PM

Listed by: Andreas Ernst, Compass

MLS: SFAR #424042458

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