Opportunity Summary: 618-630 Octavia Street, San Francisco, CA
This offering presents a fully entitled condo development site located in the vibrant Hayes Valley neighborhood, featuring 40 residential units:
Unit Mix: 12 one-bedroom, 26 two-bedroom, and 2 three-bedroom units.
Design and Amenities: Designed to integrate with the community, the project offers luxurious living spaces, a 30-car parking garage, extensive bike parking, a rooftop terrace, and a communal solarium.
Developer Incentives: Includes a 33% reduction in impact fees, and the number of Below Market Rate (BMR) units has been reduced from 10 to 7.
Location: Hayes Valley offers premier shopping, dining, and cultural institutions, making it a sought-after location for urban living.
This project offers a great opportunity for developers looking to capitalize on a highly amenitized and growing neighborhood in San Francisco.