Active

189 Magnolia Street

San Francisco CA, 94123

$2,700,000


$385.71 per sqft

Active

18 Beds

12 Baths

7,000 sqft

Condo

Built in 1915

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. Foundation Completed: Take advantage of the head start - new foundation has already been completed. 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

424042458

MLS ID

June 17, 2024

Listed

October 1, 2024

Updated

Map

189 Magnolia Street
San Francisco CA, 94123

Interior Features

Total Stories

0


Bedrooms

18


Total Bathrooms

12


Full Bathrooms

12


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.08 Acres

Other Property Details

Area Name

SF District 7


Days on Market

101


Garage

No


Parking Total

0


View

No


County

San Francisco


Pool

No

Listing History

Date

Event

Price

8/19/2024

Price change

$2,700,000

3%

Listed by Andreas Ernst with Compass

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 10/1/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Charles Jacob shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 9:03 PM UTC, 10/1/2024

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