2513 Irving Street, San Francisco, CA for sale

Investment Overview

2513 Irving Street offers a rare opportunity to acquire a fully entitled, shovel-ready mixed-use development in San Francisco’s Outer Sunset — one of the city’s most supply-constrained and stable residential neighborhoods. Entitled under SB 423, the project is CEQA-exempt and fully compliant with objective zoning standards, substantially minimizing entitlement risk. With a completed lot merger and clean approvals in place, the site is ideally positioned for a builder or developer to pursue 100% market-rate multifamily or for-sale condominium exit strategies. The Outer Sunset’s enduring appeal to both owner-users and long-term investors — combined with limited new supply — supports a wide range of profitable outcomes. The project’s ground-floor retail space enhances its mixed-use value, catering to the neighborhood’s walkable commercial corridor and offering upside from both residential and commercial tenancy. With a completed lot merger and clean entitlement package in place, the project is ideally positioned for a builder or developer seeking to take advantage of condo-level exit pricing in a neighborhood that commands strong demand from both owner-users and investors.

Investment Highlights

• Lot Size: 7,500 SF
• Ground-floor retail + 9 parking stalls
• Close to several transit lines
• 8 market-rate 2BD/2BA units
• Perfect for condo resale or long-term hold
• Each proposed unit includes either a private balcony or a private roof deck