401 Van Ness Ave - Multi Family Group Housing Development 0.34 Acres of Residential Land in San Francisco, CA 94103

401 South Van Ness Avenue & 1500 15th Street | San Francisco, CA
This offering includes both properties: 401 South Van Ness Avenue and 1500 15th Street, collectively representing a rare opportunity to acquire two fully entitled, high-density residential development projects in San Francisco’s highly desirable Inner Mission District.
Strategically positioned at and around the prominent intersection of South Van Ness Avenue and 15th Street, the combined sites benefit from exceptional transit access, outstanding walkability, and immediate proximity to the Mission’s vibrant mix of employment centers, dining, retail, and cultural amenities.
401 South Van Ness Avenue
401 South Van Ness Avenue is a fully entitled, ten-story residential development situated on a 7,125-square-foot corner lot, approved for 149 studio apartments. The project’s secured entitlements significantly reduce pre-development risk—an especially valuable advantage in San Francisco’s complex and time-intensive approval environment—offering a clear, streamlined path to construction.
Designed by The Prime Company, the building features contemporary architecture with efficient unit layouts, abundant natural light, and a strong emphasis on functionality tailored to today’s urban renter. The project prioritizes transit accessibility, modern living standards, and sustainable design principles.
This site presents investors with a shovel-ready, high-density infill opportunity in a transit-oriented submarket with consistent demand for well-located studio housing.
1500 15th Street
Immediately adjacent, 1500 15th Street is an eleven-story, transit-oriented residential development designed to support sustainable, car-free urban living. The project transforms a former parking lot into a pedestrian-focused community aligned with San Francisco’s Transit-First Policy and long-term climate objectives.
The development is approved for 189 efficiently designed studio units, ranging from approximately 170 to 350 square feet, each featuring a private kitchenette and full bathroom. Planned amenities include:
70 secure bicycle parking spaces
Co-working areas on every residential floor
Landscaped courtyard
Fitness center
Rooftop deck with panoramic city views
Located in the heart of the Inner Mission, the property offers immediate access to Muni, BART, bike infrastructure, and a wide array of neighborhood amenities, positioning the project to meet growing demand for efficient, sustainable urban housing.
Combined Offering Highlights
Together, 401 South Van Ness Avenue and 1500 15th Street offer a compelling, large-scale residential investment with the following key attributes:
338 total studio units across two fully approved projects
Complete entitlements, materially reducing development risk
Transit-oriented, sustainability-driven design
High-quality architectural execution
Exceptional walkability and connectivity
Strong demand fundamentals within one of San Francisco’s most resilient submarkets
This combined offering represents a forward-looking, institutional-quality development opportunity aligned with San Francisco’s evolving housing needs, sustainability goals, and long-term urban growth patterns.