Property Detail

Description

513 Irving Street offers a rare opportunity to acquire a fully entitled, shovel-ready mixed-use development in San Franciscos Outer Sunset one of the citys most supply-constrained and stable residential neighborhoods. Entitled under SB 423, the project is CEQA-exempt and fully compliant with objective zoning standards, substantially minimizing entitlement risk. With a completed lot merger and clean approvals in place, the site is ideally positioned for a builder or developer to pursue 100% market-rate multifamily or for-sale condominium exit strategies. The Outer Sunsets enduring appeal to both owner-users and long-term investors combined with limited new supply supports a wide range of profitable outcomes. The projects ground-floor retail space enhances its mixed-use value, catering to the neighborhoods walkable commercial corridor and offering upside from both residential and commercial tenancy. With a completed lot merger and clean entitlement package in place, the project is ideally positioned for a builder or developer seeking to take advantage of condo-level exit pricing in a neighborhood that commands strong demand from both owner-users and investors.