723 Olive St, SOUTH SAN FRANCISCO, CA

$750,000

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0.07

Acres

About 723 Olive St

Unlock the potential of this remarkable South San Francisco opportunity. This 3001 sqft vacant lot comes with approved plans for a 1485 sqft 3 bed 2.5 bath main house accompanied by two attached ADUs with separate entrances. For those without a contractor, we've got you covered. A seasoned, local builder is ready to turn your vision into reality. The first ADU offers 421 sqft with 1 bed and 1 bath, while the second ADU offers 351 sqft with 1 bed and 1 bath providing versatile living options and also a great rental income potential. This project has been appraised at $1,885,000 once fully built and construction financing and/or seller financing are available. The location is 5 blocks from downtown, less than a mile to Oyster Point Biosciences, 10 minutes to YouTube HQ, and a quick 10-minute commute to San Francisco. Whether you're an aspiring homeowner or an astute investor, this property offers limitless potential. Don't let this remarkable opportunity slip through your fingers!

Features of 723 Olive St

MLS® # ML81944717
Price $750,000
Acres 0.07
Type Land
Sub-Type Residential Lot
Status Active

Community Information

Address 723 Olive St
Area Old South SF / Rocca
City SOUTH SAN FRANCISCO
County San Mateo
State CA
Zip Code 94080

Amenities

Utilities Public Utilities
Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description Grade - Gently Sloped

School Information

Attendance Zone PARKWAY HEIGHTS MIDDLE SCHOOL, SOUTH SAN FRANCISCO HIGH SCHOOL, MARTIN ELEMENTARY SCHOOL

Additional Information

Zoning R20000
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAlex Lehr
OfficeGuide Real Estate
Office Contact650-766-5300

Listing Map

Listing Schools/Amenities

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Listing Price, Sale, & Status History

Price Reduced from $780,000 to $750,000