Development opportunity for three luxury residential properties in Nob Hill.
Property SizeContact for details
Days on Market153
Property Features for 169 Bernard Street
General Information
Standard statusActive
Property subtypeLand or Vacant Lot
Amenities
Curb(s)
Gutter(s)
Sidewalk(s)
Listing Agency:VANGUARD PROPERTIES(415) 321-7000
Listed By:FRANK A NOLAN
Source:Corcoran
Added: Mar 30Changed: Aug 8Last Checked: Aug 28 at 11:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VANGUARD PROPERTIES
Investment Insights
Based on property information with market context.
The properties at 169 Bernard St and 1270 Pacific Ave offer the opportunity to develop three luxury residential properties in Nob Hill. Site and demo permits are ready for issuance. A lot split is planned, creating two parcels, each approximately 23' x 60'. The property at 169 Bernard St involves the extensive renovation of an existing single-family home into a 4-level residence of approximately 3,272 sq. ft., featuring 5 bedrooms and 5 full bathrooms. The floor plan includes a lower-level suite opening to the rear yard, a bonus exercise room, and a top-floor great room with floor-to-ceiling windows, a full bathroom, and direct access to a roof deck. It also includes a 2-car independent garage. The property at 1270 Pacific Ave involves demolishing an existing commercial structure and constructing a new 4-story, 2-unit building totaling approximately 5,558 conditioned sqft with a garage containing 2 independent parking spaces serviced by a car lift. The lower unit will offer 3 bedrooms, 4.5 bathrooms, a media room, and multiple outdoor spaces, while the upper unit will feature 2 bedrooms, 3.5 bathrooms, an office, an elevator, an expansive great room level, and a roof deck. Located on a quiet side street in Russian Hill, 169 Bernard Street offers neighborhood charm and central city access, near Hyde Street, the cable car line, neighborhood cafes, and conveniences. Positioned between Nob Hill and North Beach, the location is surrounded by dining, shopping, and nightlife, with Polk Street nearby. The location provides access to public transportation, downtown, and major thoroughfares.
Key Highlights
Opportunity to develop three luxury residential properties in Nob Hill with potential views.
Site and demo permits ready for issuance, streamlining the development process.
Includes a lot split creating two parcels, offering flexibility in development.
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
15,416
Businesses Nearby
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Business Placement
Demographics for 94109, CA
58,501
Population
39,043
Households
1.5
Avg Household Size
38
Median Age
65%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
53,183
Density / Sq Mi
$112,201
Median Household Income
$89,841
Median Earnings
$2,172
Median Rent
$1,390,000
Median Home Value
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Residential land & home lot - Development opportunity for three luxury residential properties in Nob Hill.
Where is this residential land & home lot located?
The property is located at 169 Bernard Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,499,000.
What are key features of this property?
This property features: Opportunity to develop three luxury residential properties in Nob Hill with potential views.; Site and demo permits ready for issuance, streamlining the development process.; Includes a lot split creating two parcels, offering flexibility in development.