224 Clara Street

224 Clara Street

San Francisco, CA 94103

$3,000,000
Price
3,598 / 0.08
Lot Size / Acres

Listed By Compass

Listed By Compass

a view of a building
a room with a sink and a mirror
a view of living room with furniture and a mirror
a kitchen with a sink and a stove top oven
a view of a dining room with furniture window and outside view
a picture of city view
a living room with furniture and a fireplace
a picture of a bathroom with a shower curtain
a picture of a bathroom with a shower
a picture of a bathroom with a shower

Description

224-228 Clara Street is a vacant property in the South of Market District on a 3,600 SF lot that is entitled for a 5-story 9-unit multifamily development. The property is currently a vacant building. Ownership has obtained entitlements to build a 9-unit multifamily property consisting of eight (8) 2-bedroom/2-bathroom units and one (1) 1-bedroom/1-bathroom unit. When complete, the property will be LEED Silver certified and will feature open living/dining/kitchen spaces, direct elevator access to...224-228 Clara Street is a vacant property in the South of Market District on a 3,600 SF lot that is entitled for a 5-story 9-unit multifamily development. The property is currently a vacant building. Ownership has obtained entitlements to build a 9-unit multifamily property consisting of eight (8) 2-bedroom/2-bathroom units and one (1) 1-bedroom/1-bathroom unit. When complete, the property will be LEED Silver certified and will feature open living/dining/kitchen spaces, direct elevator access to each unit, and a lobby with up to 17' high ceilings. The proposed development was designed by renowned local architect Stanley Saitowitz of Natoma Architects Inc., designer of innovative buildings such as 8 Octavia and 603 Tennessee. The South of Market District embodies a vibrant blend of residential, retail, office, and industrial spaces. Over the past decade, the neighborhood has undergone a remarkable surge in residential development, resulting in a thriving community with a growing population and an array of retail offerings. The investment appeal of the property is its central location in the City and its potential as a fully entitled multifamily redevelopment.

Listing Agents

  1. Brian Leung

    Brian Leung

    Listing Agent

    Compass

    DRE #01203473

    CallTextEmail
  2. Jeremy Lee

    Jeremy Lee

    Alternative Listing Agent

    Compass

    DRE #01951309

    jeremy.lee@compass.com

    P: 650.219.3989

    CallTextEmail

Property Details for 224 Clara Street

Directions to Property
5th Street
Cross Street
5th St
Total Parking Spaces
0

Location

Listing Courtesy of Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309
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LISTING UPDATED: 08/24/2023 04:18 PM

Property Details for 224 Clara Street

StatusActive
MLS #423900072
Days on Compass247
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lot
Year Built-
Lot Size0.08 AC
CountySan Francisco County

Location

Listing Courtesy of Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309
Add your commute

Building Information for 224 Clara Street

Lot Size0.08 AC

Payment Calculator

$16,372 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 224 Clara Street

Summary
Location and General Information
  • Area/District: SF District 9
  • Area Short Display: 9
  • Subdistrict: South of Market
  • Topography: Level
  • Location Description: SF District 9, South of Market, SF District 9 South of Market
Taxes and HOA Information
  • APN: 3753-701
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Parking Fee $: $.00
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Road Frontage Type: City Street
  • Lot Size Source: Assessor Auto-Fill
Property and Assessments
  • Picture Count: 11
  • Photos Provided By: Agent
  • Elevation: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
Interior Features
  • Electric: Electric Available
  • Full Bathrooms: 0
Rental
Rent Information
  • Current Rent: $.00

Property History for 224 Clara Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 224 Clara Street

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Daniel Webster Elementary School
Public - K to 5
Lick (James) Middle School
Public - 6 to 8
Five Keys Independence High School (Sf Sheriff's)
Charter - 9 to 12
Five Keys Charter (SF Sheriff'S) School
Charter - 9 to 12
Rating
School
Distance
Daniel Webster Elementary School
PublicK to 5

Lick (James) Middle School
Public6 to 8

Five Keys Independence High School (Sf Sheriff's)
Charter9 to 12

Five Keys Charter (SF Sheriff'S) School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Homes for Sale near South of Market

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More information about 224 Clara Street, San Francisco, CA 94103

224 Clara Street is a 0.08 ac of land for sale in San Francisco, CA 94103. This property was listed for sale on August 23, 2023 by Compass, it's currently listed at $3,000,000. This listing's school district is San Francisco Unified School District. Nearby schools include Daniel Webster Elementary School, Lick (James) Middle School and Five Keys Independence High School (Sf Sheriff's). 224 Clara Street is a 0-bed, 0-bath, 0.08 ac of land on a 3,598 sq. ft. / 0.08 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Commercial, Brian Leung, DRE #01203473; Compass Commercial, Jeremy Lee, DRE #01951309

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.