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Listed by Robert S Levy Compass
$1,350,000
Est. payment /mo
1.72 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 425068806
HOA Y/N No
Lot Size 1.720 Acres
Acres 1.72
Property Sub-Type Residential Acreage
Property Description
Perfect opportunity for serious, experienced developer/buyer who wants low investment opportunity with large upside in return for procuring easement access through Water Department land. Opportunity to develop 1.7 acres of hillside land w/ expansive views, previously approved for 78 Single family residences with an approved conditional use authorization (1972) and Environmental Impact Report. Attractive price is reflective of parcel being located adjacent to PUC (SF Water Dept) land and other residential developments requiring an easement through the existing gated pathway or adjacent HOAs. No utilities currently connected or any physical improvements made to date, however, residential developments (apartments and single family residences) are adjacent to parcel both utilizing public utilities. Seller was the holder of the note from original buyer and is selling the property as-is. Non-finance conditioned offers only. Property was previously appraised for $9 million +/- with an assumption that easement and-or/access was in place.
Location
State CA
County San Francisco
Area Sf District 4
Zoning RH1
Rooms
Other Rooms None
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, See Remarks
View Hills
Building
Lot Description Many Trees
Water See Remarks
New Construction No
Others
Tax ID 2643A025
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
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