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Listing Summary
Listing
#424015497
$1,950,000 (LP)
113-193 Warren Dr, San Francisco, CA 94131
Active
(03/14/24)
Acres:
1.7200
Lot Size Acres:
1.7200
Area/District
:
4
D
Total Parking Spaces:
0
Remarks
Incredible 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. Attractively low price is reflective of parcel being located behind PUC (SF Water Dept) land and requiring an easement through the existing gated pathway plus motivation of seller to transact in short order. Property appraised for $9,251,000 in 2021 which assumed access/easement to parcel. Seller will cooperate and credit buyer for any legal proceedings through escrow up to a maximum of $100,000 for costs incurred to secure an easement through existing gateway and unpaved road to parcel. 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. Property is accessible (with PUC permission) through two positions, one on Clarendon Road and one at the junction of 7th Avenue and Portola Ave. Non-finance conditioned offers to be considered by or after an offer date of 4/2/24 1 p.m. Serious inquiries only, please.
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Directions to Property
Parcel is located between Clarendon Drive and Warren Drive and to the south of Laguna Honda Reservoir. Access to parcel is restricted. Parcel can be viewed from approximately 800 Clarendon.
Remarks
Agent and Office Information
Agent
Robert S Levy
Primary:415-385-8011 Lic: 01233262
Office
Compass
Phone: 415-660-9955 Office Lic.: 01527235
Price, Dates and Commissions
Commission to Buyer Office
Commission to Buyer Office
2.5%
Property Information
Lot Sq Ft
(
approx
)
74,923
Lot Acres
(
approx
)
1.7200
Lot Size Source
(Appraiser)
Price / Acre
1,133,720.93
Special Listing Conditions
Offer As Is
Current Use
Vacant
Property Location
County
San Francisco
Cross Street
Clarendon
Area/District
SF District 4
Subdistrict
Forest Knolls
Zoning
RH1
Lot Information
Zoning Description
Residential, Single-Family
View Description
Hills
Topography
Downslope, Hillside
Road Surface Type
Dirt
Other Structures
None
Distance To Electric
Electricity At Street
Fencing
None
Possible Use
Residential
Vegetation
Brush, Trees Few
Road Frontage Type
See Remarks
Development Status
See Remarks
Construction Information
Utilities
See Remarks
Electric
Electric Available
Water Source
See Remarks
Irrigation
None
Parking Information
Total Parking Spaces
0
Association Information
Association
No
Current Rent
$
0
School Information
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Terms
Owner May Carry
Possession
Close Of Escrow
Other Listing Information
Disclosures/Documents
Appraisal, Disclosure Package Available, Parcel Map, Preliminary Title Report, Property Appraisal
Elevation Units
Feet
Parking Fee $
$
0.00
Listing Service
Full Service
Minimum Bldg SqFt
0
Monthly Rent
$
0
Yrs Remaining On Lse
0