1531 Jerrold Avenue

HUGE PRICE REDUCTION! MOTIVATED SELLER!

Rare opportunity to own 2 side-by-side lots - 25'x100' each; and build 2 SFH w/ADUs or 2 - 3-story Duplexes with ADUs in prime redevelopment area within federal Opportunity Zone of sunny Bayview neighborhood of SF (utilizing SB-9 which will require an application).  The process of Final subdivision map approval is on the way. Tentative map for the subdivision of this 50'x100' lot into two 25'x100' lots has been approved on 6/29/22.

According to the Senior Planner of the City Planning Department, the new residences would not be subject to neighborhood notification. The current owner originally submitted an application to build a 3-story SFH on the right side of the lot but did not pay for the plan check fees. After discovering an opportunity to build duplexes with ADUa under SB-9 without subject to neighborhood notification, the seller produced architectural plans for a 3-story duplex with ADU. under SB-9 without subject to neighborhood notification, the seller produced the architectural drawings for a 3-story duplex with ground floor ADU for the lower unit (included in sale).

The survey is done and marks are placed on the property.