Prime Development With Breathtaking Downtown Views

Incredible development opportunity in Corona Heights! Two hundred sixty-two Castro Street has approved plans that are paid for and ready to be picked up from the Department of Building Inspection (per seller). This parcel must be sold and developed with the adjacent parcel which also has approved plans, two hundred sixty Castro Street. This double lot development has architectural plans crafted by Geddes Ulinskas Architects and calls for the development of four residences totaling seven thousand eight hundred twenty-eight square feet: a) two three-bedroom condominiums at one thousand nine hundred sixty-three square feet and one thousand seven hundred eighty-seven square feet, b) one two-bedroom standalone single family home cottage at one thousand six hundred eighty square feet, and c) one three-bedroom single-family home at two thousand three hundred ninety-eight square feet. The homes will include Downtown views as well as one-car parking for each home. Roof decks, terraces, and gardens are included in the plans. A two-bedroom, one-bathroom single family home currently sits at the front of two hundred sixty Castro Street, and a two-bedroom, two-bathroom single family cottage sits at the rear of the parcel of two hundred sixty-two Castro Street. 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. Images are digital renderings; buyers to investigate.