401 Van Ness Ave
San Francisco, CA 94103
Multi Family Group Housing Development · Land For Sale · 0.34 AC

This sale includes both properties: 401 South Van Ness Avenue and 1500 15th Street
401 South Van Ness Avenue and 1500 15th Street together present an exceptional, fully approved high-density residential development offering in San Francisco’s coveted Inner Mission District. Situated on the prominent corner of South Van Ness Avenue and 15th Street, the combined properties deliver unmatched access to public transit, walkable amenities, and the vibrant cultural fabric that defines this thriving neighborhood.
401 South Van Ness Avenue is a fully entitled, ten-story residential development opportunity on a 7,125-square-foot corner lot, approved for 149 thoughtfully designed studio apartments. These secured entitlements eliminate significant pre-development risk—particularly valuable in San Francisco’s complex approval environment—providing a streamlined path to construction and stabilization.
Designed by The Prime Company, the building features contemporary, efficient architecture with clean lines, abundant daylight, and functional layouts that cater to the high-demand urban renter demographic. The project emphasizes modern conveniences, transit accessibility, and sustainable design elements that promote environmental responsibility and resident well-being.
This site offers investors a rare opportunity to acquire a shovel-ready, high-density infill development in a rapidly appreciating, transit-oriented district with strong ongoing demand for well-located studio housing.
1500 15th Street
Directly adjacent, 1500 15th Street is an eleven-story, transit-oriented project designed to exemplify sustainable, car-free urban living. Transforming a former parking lot, the development creates a vibrant, pedestrian-focused community aligned with San Francisco’s Transit-First Policy and long-term climate goals.
The project features 189 highly efficient studio units ranging from 170–350 square feet, each with a private kitchenette and full bathroom. Premium on-site amenities foster connectivity, wellness, and productivity, including:
70 secure bicycle parking spaces
Co-working areas on every residential floor
Landscaped courtyard
Fitness center
Rooftop deck with sweeping city views
Located in the heart of the Inner Mission, the property offers immediate access to Muni, BART, bike-friendly routes, cafes, shops, and cultural venues. Its high-density, transit-oriented design meets the growing demand for efficient, sustainable housing solutions while positioning the asset for long-term value and resilience.
Combined Offering Summary
Together, 401 South Van Ness Avenue and 1500 15th Street deliver a rare opportunity to acquire two fully approved, modern residential developments at one of the most strategically located intersections in San Francisco. These projects collectively offer:
338 units of efficiently designed, in-demand studio housing
Full entitlements and reduced pre-development risk
Transit-first, sustainable urban design
High-quality architectural execution
Outstanding walkability and connectivity
Strong demand drivers in one of San Francisco’s most resilient submarkets
This combined offering stands as a forward-looking investment opportunity aligned with the city’s evolving housing needs, sustainability goals, and long-term market fundamentals.