440 Ivy St.
N/A, N/A San Francisco Lot for Sale
Prime Vacant Lot in Hayes Valley
Address: 440 Ivy Street
Neighborhood: Hayes Valley
City: San Francisco
Sold On: 12-Feb-2018
440 Ivy Street is an ideally located vacant parcel offering incredible potential with an ultra-prime location within immediate proximity to Hayes Valley’s burgeoning commercial core for superlative shopping, dining, and daily conveniences. This 1,312 sq. ft. parcel is zoned RTO (Residential Transit-Oriented District) and offers fantastic development options with 26.25 feet of frontage along the iconic tree-lined Ivy Street and a depth of 49.67 feet. Per an architect, the lot area could potentially support 2 residential units with a height limit of 40 feet. Opportunities to build in such a desired, central location are seldom seen, so take advantage of this rare offering that puts San Francisco’s creative marketplace at your doorstep.
As a complementary opportunity, the adjacent 537 Grove property is also available and offers approved plans for 3,208 sq. ft. of living space with 2-car parking; graywater and solar systems; and open space access. Currently a two-story 3 bedroom plus den, 3 bathroom, 1,998 sq. ft. single-family home, 537 Grove offers approved plans that call for a grand 2-level main home with 2,387 sq. ft. of living space (Unit 2) and a garden-view 1 bedroom, 1.5 bathroom grade-level home (Unit 1) on a 1,846 sq. ft. lot. The potential for a joint project across both lots is tremendous, as the builder can enjoy the flexibility of starting on the entitled 537 Grove build while maximizing the design and creative potential on the 440 Ivy parcel.
With one of the best Walk Scores in the city (according to WalkScore.com) and easy access to downtown San Francisco, BART, and Muni, Hayes Valley has become the go-to destination for a broad range of demographics in urban home buyers. A central location flanking SOMA, the Lower Haight, Duboce Triangle, the Mission, and the Castro as well as a diverse selection of boutique retail, fun eateries, and world-class entertainment bring many visitors to the area every day. Unlike other up-and-coming San Francisco neighborhoods, Hayes Valley has retained its own unique sense of community and inviting feel, in spite of rapid commercial and residential expansion.
• Vacant lot ready for creative development options
• 26.25 feet wide by 49.67 feet deep, 1,312 sq. ft., with RTO zoning (per parcel map)
• Frontage along tree-lined Ivy Street
• Potential viability for 2 residential units with a height limit of 40 feet
• Ideal location in the center of Hayes Valley on tree-lined street close to downtown San Francisco, public transportation, and an incredible variety of shopping, dining, and nightlife destinations with Twitter and Uber HQ in close proximity
Buyer to validate parcel and zoning and development potential. No representations are made with regard to the accuracy and feasibility of the zoning, lot parameters, or development potential. Site map is an artist’s concept for illustrative purposes only.