Listing provided courtesy of Sotheby's International RealtyMLS# 424076132MLS Provider
  • 608 days on site
  • 0 views

224-228 Clara 224-228 Clara is an exceptional, shovel-ready, fully entitled 9 condo development opportunity, designed by Stanley Saitowitz. Owner spent over $1,000,000 on plans and permits. There may also be an option to use the parcel as a parking lot, see agent for details. Currently, the 3600 square foot lot has a vacant residential structure permitted for demolition, plus unimproved open space. The developed project consists of 8 market rate 2 bedroom/2 bath apartments of 1180 square feet and a single 1BR/1BA Below Market apartment of 870 square feet. As designed, the units would have open floorplans, floor to ceiling glass, unique circular bathrooms and generous kitchen islands. Top floor units would have panoramic City views. All residential floors have elevator service directly to each apartment. There is 640 SF of common roof deck with sweeping City views, lobby with bike storage and one unit with exclusive outdoor space. Construction is steel moment frame with Fire Treated Wood. This is a truly rare opportunity to begin building a unique luxury development in contrast to other cookie cutter builds in the area.

Source: San Francisco MLS, MLS#: 424076132

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  • Property Type
    Land
  • Lot
    0.08 acres

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  • Median Age
    35
  • Population Density
    15,782
  • College Educated
    76%
  • Estimated Median Income
    $166,430
  • Estimated Total Home Owners
    5,669
  • Estimated Total Renters
    8,464
  • Owner / Renter Divide
    40% / 60%
  • Estimated Average Household Size
    2
  • Total Population
    29,708
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 224 Clara Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/11/2026Source: San Francisco MLS Price Reduction
$1,349,000 -9.8%
3/30/2026Source: San Francisco MLS Price Reduction
$1,495,000 -14.6%
12/5/2025Source: San Francisco MLS Price Reduction
$1,750,000 -12.3%
3/4/2025Source: San Francisco MLS Price Reduction
$1,995,000 -11.3%
12/16/2024Source: San Francisco MLS Price Reduction
$2,250,000 -18.2%
12/11/2024Source: San Francisco MLS Added to Database
December 11, 2024