Description

Development Opportunity in Prime San Francisco Location – 65 Fresno Street 65 Fresno Street presents a rare opportunity to develop in one of San Francisco’s most sought-after neighborhoods. Located on a level 3,306 sq. ft. lot in the vibrant North Beach area, this property is just a short walk to Washington Square Park, Chinatown, the Financial District, and numerous cafes, restaurants, and public transportation options. Currently operating as a parking lot under a conditional use permit, the property generates $2,200 per month in rental income. It is zoned RM-1 (Residential, Mixed – Low Density), allowing for the development of a four-unit residential building. Included with the sale are plans for an 11,960 sq. ft. structure featuring: Four spacious, full-floor condominiums One Accessory Dwelling Unit (ADU) A rooftop deck with panoramic city views Private patios for the top three units Bike parking and dedicated private storage for each unit This is an ideal project for developers or investors looking to build in a centrally located, high-demand neighborhood. With strong design potential and proximity to major city attractions, 65 Fresno Street offers the perfect foundation for a boutique residential development.