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Multi-Family

Prime Inner Mission Development Opportunity

819 Alabama St, San Francisco, CA 94110

Listing Price: $3,700,000

Lot Size
0.18 acres
Price/Acre
$20,673,679
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to present 819, 825, and 831-833 Alabama Street in San Francisco, California. The offering consists of 3 separate and contiguous RH2 zoned parcels which are vacant and ready to build once entitlements and permits are approved. The lots are comprised of 819 Alabama Street which is 2,600 square feet (26x100), 825 Alabama Street which is 2,600 square feet (26x100), and 831-822 Alabama Street which is 2,596 square feet (25.96x100) for a total 7,796 Square feet. The San Francisco City Planning Code Section 207(c)(8) allows increased density for RH2 zoned lots and provides a developer the ability to build 4 units per parcel for a total (3) of three separate four (4) unit buildings. The ability to develop three separate buildings provides more flexibility to any buyer’s exit strategy, and thus 819, 825, and 831-833 Alabama Street is a coveted investment opportunity for any savvy developer looking to purchase 3 contiguous RH2 lots in a rare San Francisco location.

The lots are located in the Inner Mission, which is in one of San Francisco’s busiest neighborhoods and features a diverse mix of residents, lifestyles, and cultures. The lot's location on Alabama Street at 20th Street is near a plethora of restaurants, cafes, and nightlife all within walking distance. Walkscore.com gives the Alabama Street location a 98 walk score and a 100 bike score which are considered both a Walker and Biker’s Paradise. The prime location offers convenient access to public transportation, shopping, and both downtown San Francisco employment as well Silicon Valley employment centers. Highway 80 to the East Bay or South Bay is within a few minute's drive.

Investment Highlights

  • First time on the market in 47 years
  • Irreplaceable location close to everything
  • Rare offering -3 contiguous RH2 lots
  • 4 units per lot possible
  • Multiple exits strategies

Exclusively Listed By

Multi-Family

Prime Inner Mission Development Opportunity

Listing Price: $3,700,000

Lot Size
0.18 acres
Price/Acre
$20,673,679
Land Type
Land

Investment Highlights

  • First time on the market in 47 years
  • Irreplaceable location close to everything
  • Rare offering -3 contiguous RH2 lots
  • 4 units per lot possible
  • Multiple exits strategies

Investment Overview

Marcus & Millichap is pleased to present 819, 825, and 831-833 Alabama Street in San Francisco, California. The offering consists of 3 separate and contiguous RH2 zoned parcels which are vacant and ready to build once entitlements and permits are approved. The lots are comprised of 819 Alabama Street which is 2,600 square feet (26x100), 825 Alabama Street which is 2,600 square feet (26x100), and 831-822 Alabama Street which is 2,596 square feet (25.96x100) for a total 7,796 Square feet. The San Francisco City Planning Code Section 207(c)(8) allows increased density for RH2 zoned lots and provides a developer the ability to build 4 units per parcel for a total (3) of three separate four (4) unit buildings. The ability to develop three separate buildings provides more flexibility to any buyer’s exit strategy, and thus 819, 825, and 831-833 Alabama Street is a coveted investment opportunity for any savvy developer looking to purchase 3 contiguous RH2 lots in a rare San Francisco location. The lots are located in the Inner Mission, which is in one of San Francisco’s busiest neighborhoods and features a diverse mix of residents, lifestyles, and cultures. The lot's location on Alabama Street at 20th Street is near a plethora of restaurants, cafes, and nightlife all within walking distance. Walkscore.com gives the Alabama Street location a 98 walk score and a 100 bike score which are considered both a Walker and Biker’s Paradise. The prime location offers convenient access to public transportation, shopping, and both downtown San Francisco employment as well Silicon Valley employment centers. Highway 80 to the East Bay or South Bay is within a few minute's drive.

Exclusively Listed By

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