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Map
$1,950,000
●
Land -
For Sale
113 193 Warren Drive
San Francisco, CA 94131
Studio
0 Bath
$9,575
Estimated Monthly
$0
HOA / Fees
About This Property
Incredible 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. Attractively low price is
reflective of parcel being located behind PUC (SF Water Dept) land
and requiring an easement through the existing gated pathway plus
motivation of seller to transact in short order. Property
appraised for $9,251,000 in 2021 which assumed access/easement to
parcel. Seller will cooperate and credit buyer for any legal
proceedings through escrow up to a maximum of $100,000 for costs
incurred to secure an easement through existing gateway and unpaved
road to parcel. 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. Property is accessible (with PUC permission)
through two positions, one on Clarendon Road and one at the
junction of 7th Avenue and Portola Ave. Non-finance
conditioned offers to be considered by or after an offer date of
4/2/24 1 p.m. Serious inquiries only, please.
Unit Size
-
Days on Market
45 days
Land Size
1.72 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1959
Listed By
Last updated: 2 months ago (SFMLSCA #424015497)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 14, 2024 | Listed by Compass | $1,950,000 | |
Listed by Compass |