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$1,499,000

Beds
2
Baths
1.0
sq ft
Unknown

260 Castro St, San Francisco, CA 94114

260 Castro St

San Francisco, CA 94114

  • 73 days on market
Incredible development opportunity in Corona Heights! 260 Castro St has approved plans that are paid for and ready to be picked up from DBI (per seller). This parcel must be sold and developed with the adjacent parcel which also has approved plans, 262 Castro St. This double lot development has architectural plans crafted by Geddes Ulinskas Architects and calls for the development of four residences totaling 7,828 sq. ft.: a) two 3-bedroom condominiums at 1,963 sq. ft. and 1,787 sq. ft., b) one 2-bedroom standalone single family home cottage at 1,680 sq. ft., and c) one 3-bedroom single-family home at 2,398 sq. ft. The homes will include Downtown VIEWS as well as 1-car parking for each home. Roof decks, terraces, and gardens are included in the plans. A 2-bedroom, 1-bathroom single family home currently sits at the front of 260 Castro St, and a 2-bedroom, 2-bathroom single family cottage sits at the rear of the parcel of 262 Castro St. Located in a highly-sought after location at the axis of Corona Heights, The Castro, and Duboce Triangle, the location of this opportunity affords the developer to command a premium price for the completed homes. The full construction package includes shoring and interior design plans. Images are digital renderings, buyers to investigate.

Details

Property type

Single Family Residence

Est. home value

$1,895,368

Lot size

3,600 sq ft

Price per sq ft

Unknown

Year built

Unknown

Price History

07/08/2024
SFAR

SFAR #424044655

Listed
$1,499,000

Schools & Community

Neighborhood: 

Corona Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

December 2022

Original loan amount

$1,140,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Oarcon Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 2:40 PM

Listing updated: 09/19/2024 at 12:11 PM

Listed by: Frank A. Nolan, Vanguard Properties

MLS: SFAR #424044655

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