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Land For Sale • 1.82 AC
* Robust Rental & Sales Potential:
* San Francisco's multifamily market is experiencing a significant rebound, with strong demand and rising rents.
* The Mission District residential market remains competitive, with homes often selling above list price. ??
* Opportunity: Invest in a rare, large-scale development site in one of San Francisco's most desirable and transit-rich neighborhoods.
* Market Alignment: Capitalize on the strong demand for high-quality market-rate housing from the city's thriving tech workforce.
* Strategic Vision: Execute a mixed-use project that delivers exceptional urban living, integrates seamlessly with the vibrant Mission District, and offers compelling financial returns. Bottom line for 1500 Valencia (Valencia NCT today ? SB 79 tomorrow)
* Today (local code): 55-X (˜55’) governs.
* When SB 79 is operative (7/1/26): State floor = 65’ (˜6 stories) given your Tier 1, ¼–½ mile position from 24th St/Mission BART. You can likely layer Density Bonus Law on top for additional concessions/waivers if you meet affordability thresholds
* Invitation: We invite you to explore this unique opportunity further and discuss how this investment aligns with your portfolio objectives.
| Mission District, San Francisco, CA A Transit-Oriented, Large-Scale Development |
| The assemblage includes a ±73,000 SF industrial warehouse on an ±83,000 SF lot and a ±14,980 SF office/Residential building, both vacant. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 3.0 mi | |
| 22nd Street (Caltrain - Caltrain (Caltrain)) | 7 min | - | 3.1 mi |
| Airport | Drive | Walk | Distance |
| San Francisco International | 19 min | - | 11.7 mi |
| Metro Oakland International | 36 min | - | 22.4 mi |
| Norman Y Mineta San Jose International | 55 min | - | 43.3 mi |
Catherine Bassick
Bassick Advisors Trust and Estates Douglas Elliman
Catherine Bassick
Bassick Advisors Trust and Estates Douglas Elliman