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    224-228 Clara St San Francisco, CA 94107

    For Sale
    $3,000,000

    3,600 SF lot entitled for 9-unit multifamily development.

    Property size:
    3,600 SF
    Lot size:
    0.08 Acres

    Property Features for 224-228 Clara St

    General Information

    Size
    3,600 SF
    Lot size
    0.08 Acres

    Source: LL CRE Agent Brian Leung

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Entitled South of Market Multifamily Lot

    This property features a 3,600 square foot lot fully entitled for a 9-unit multifamily property. The proposed development includes eight 2-bed/2-bath units and one 1-bed/1-bath unit. The location is south of Market, near nightlife, the Financial District, other developments, and abundant retail amenities. The proposed development was designed by Stanley Saitowitz of Natoma Architects Inc.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Law Firm Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.4032851
    Latitude
    37.7789892

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    FAQs

    What type of property is this?
    Apartment building - 3,600 SF lot entitled for 9-unit multifamily development.
    Where is this apartment building located?
    The property is located at 224-228 Clara St San Francisco, CA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Fully Entitled 3,600 SF Lot for 9-Unit Multifamily Property; - Excellent South of Market Location; - Proposed Development Designed by Renowned Architect Stanley Saitowitz
    (510) 686-0435
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    224-228 Clara St San Francisco, CA 94107
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    San Francisco, CA 94107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224-228 Clara St San Francisco, CA 94107
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