Description
Development Opportunity in Prime San Francisco Location - 65 Fresno Street 65 Fresno Street presents a rare opportunity to develop in one of San Francisco's most sought-after neighborhoods. Located on a level 3,306 sq. ft. lot in the vibrant North Beach area, this property is just a short walk to Washington Square Park, Chinatown, the Financial District, and numerous cafes, restaurants, and public transportation options. Currently operating as a parking lot under a conditional use permit, the property generates $2,200 per month in rental income. It is zoned RM-1 (Residential, Mixed - Low Density), allowing for the development of a four-unit residential building. Included with the sale are plans for an 11,960 sq. ft. structure featuring: . Four spacious, full-floor condominiums . One Accessory Dwelling Unit (ADU) . A rooftop deck with panoramic city views . Private patios for the top three units . Bike parking and dedicated private storage for each unit This is an ideal project for developers or investors looking to build in a centrally located, high-demand neighborhood. With strong design potential and proximity to major city attractions, 65 Fresno Street offers the perfect foundation for a boutique residential development.
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School Ratings & Info
Listed by John L. Morra of CENTURY 21 Masters: (510) 200-4449.
Description
Development Opportunity in Prime San Francisco Location - 65 Fresno Street 65 Fresno Street presents a rare opportunity to develop in one of San Francisco's most sought-after neighborhoods. Located on a level 3,306 sq. ft. lot in the vibrant North Beach area, this property is just a short walk to Washington Square Park, Chinatown, the Financial District, and numerous cafes, restaurants, and public transportation options. Currently operating as a parking lot under a conditional use permit, the property generates $2,200 per month in rental income. It is zoned RM-1 (Residential, Mixed - Low Density), allowing for the development of a four-unit residential building. Included with the sale are plans for an 11,960 sq. ft. structure featuring: . Four spacious, full-floor condominiums . One Accessory Dwelling Unit (ADU) . A rooftop deck with panoramic city views . Private patios for the top three units . Bike parking and dedicated private storage for each unit This is an ideal project for developers or investors looking to build in a centrally located, high-demand neighborhood. With strong design potential and proximity to major city attractions, 65 Fresno Street offers the perfect foundation for a boutique residential development.
Licensed in the State of California.
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