Courtesy of Corey Ye, Aethos Real Estate.
The 6,500 sf corner lot is currently home to a tune up shop providing great NNN rental income for the new owners. The lot is currently zoned RH2 with a 40 FT height limit & has other potential uses with the proper variance. Per the Property Zoning & Land Use Research report, in addition to residential, the current permitted uses are agricultural neighborhood, child care, public facilities, and residential care facility. With a CUA, further uses can be pursued including parking garages, schools, hospitals, & religious institutions. And with a proper rezoning of the lot, the property could result in a broader range of allowable uses. Bonus programs like HOME-SF, San Francisco’s unique density bonus program, can be applied for. This option makes it a great value-add opportunity to the new owner. Another great option could be subdividing the lot into three or four parcels. Potential buyers shall do their own due diligence and obtain the necessary permits for their desired use.
Property Details and Features
- Source: San Francisco
- Area: SF District 2
- County: San Francisco
- Cross street address: Kirkham
- Lot is 6,500 square feet
- Property subtype 1: Residential Lot
- Zoning: RH-2
- Water Available