Back 113 Warren Drive
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113 Warren Drive

San Francisco CA 94131

74923.2 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

74923.2 sq. ft. lot size
Land

Property history for 113 Warren Drive

2002
Sold
$740,500
17 May 2002 by Suzanne Kirkham, of Coldwell Banker Realty

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100%
100% of sellers in San Francisco reported that their sale price either exceeded or met their price expectations.

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Local market activity for land plots in San Francisco

In the last 12 months, 3 land plots similar to 113 Warren Drive, have been sold.

This represents a 50% decrease in land plots sales when compared to the previous 12 months.

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