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860 California St 4,557 SF Retail Building San Francisco, CA 94108 $12,000,000 ($2,633.31/SF)
Investment Highlights
- FULLY ENTITLED: Delivered with approved entitlements and a streamlined path to construction, significantly de-risking the development timeline.
- PRIME LOCATION: Situated in Nob Hill, steps from Huntington Park, Grace Cathedral, and the Fairmont Hotel.
- OPTIMAL UNIT MIX: A curated blend of 4 Studios, 14 - 1BR, 11 - 2BR, and 4 - 3BR units catering to a wide demographic of urban professionals.
- ARCHITECTURAL SIGNIFICANCE: Designed by renowned Cass Calder Smith bringing the luxury project to life.
Executive Summary
On behalf of Ownership, Marcus and Millichap
is pleased to present the exclusive opportunity
to acquire 842 - 860 California Street, a fully
entitled development site located
in the heart of San Francisco’s iconic Nob Hill
neighborhood. This 33-unit luxury condominium
project represents a rare chance to develop a mid-rise
residential landmark in a submarket defined
by extreme barriers to entry and a historical lack
of new supply.
is pleased to present the exclusive opportunity
to acquire 842 - 860 California Street, a fully
entitled development site located
in the heart of San Francisco’s iconic Nob Hill
neighborhood. This 33-unit luxury condominium
project represents a rare chance to develop a mid-rise
residential landmark in a submarket defined
by extreme barriers to entry and a historical lack
of new supply.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,557 SF
Building Class
C
Year Built
1907
Price
$12,000,000
Price Per SF
$2,633.31
Tenancy
Single
Building Height
3 Stories
Building FAR
0.75
Lot Size
0.14 AC
Zoning
RM-4
Frontage
27’ on California St
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Bank of America
Property Taxes
| Parcel Number | 0243-027 | Improvements Assessment | $0 |
| Land Assessment | $5,628,646 | Total Assessment | $5,628,646 |
Property Taxes
Parcel Number
0243-027
Land Assessment
$5,628,646
Improvements Assessment
$0
Total Assessment
$5,628,646
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860 California St
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