Development Opportunity | Four Modern Residences

Incredible development opportunity on a double lot in Corona Heights! 260-264 Castro St has approved plans that are paid for and ready to be picked up from DBI (per seller). The architectural plans crafted by Geddes Ulinskas Architects call for the development of four residences totaling 7,828 sq. ft.: a) two 3-bedroom condominiums at 1,963 sq. ft. and 1,787 sq. ft., b) one 2-bedroom standalone single family home cottage at 1,680 sq. ft., and c) one 3-bedroom single-family home at 2,398 sq. ft. The homes will include Downtown VIEWS as well as 1-car parking for each home. Roof decks, terraces, and gardens are included in the plans. A 2-bedroom, 1-bathroom single family home currently sits at the front of 260 Castro St, and a 2-bedroom, 2-bathroom single family cottage sits at the rear of the parcel of 262 Castro St. Located in a highly-sought after location at the axis of Corona Heights, The Castro, and Duboce Triangle, the location of this opportunity affords the developer to command a premium price for the completed homes. The full construction package includes shoring and interior design plans. The two parcels must be sold and developed together.

listed at $4,500,000