401 S Van Ness Avenue, San Francisco, CA 94103

Two Fully Entitled Developments at a Prime San Francisco Location.

This sale includes two properties: 401 South Van Ness Avenue and 1500 15th Street. Together, 401 South Van Ness Avenue and 1500 15th Street present an exceptional, fully entitled high-density residential development in San Francisco’s coveted Inner Mission District. Situated on the prominent corner of South Van Ness Avenue and 15th Street, the combined properties deliver unmatched access to public transit, walkable amenities, and the vibrant cultural fabric that defines this thriving neighborhood.

401 South Van Ness Avenue is a fully entitled, ten-story residential development opportunity on a 7,125-square-foot corner lot, approved for 149 thoughtfully designed studio apartments. These secured entitlements eliminate significant pre-development risk—particularly valuable in San Francisco’s complex approval environment—providing a streamlined path to construction and stabilization.

Designed by The Prime Company, the building features contemporary, efficient architecture with clean lines, abundant daylight, and functional layouts that cater to the high-demand urban renter demographic. The project emphasizes modern conveniences, transit accessibility, and sustainable design elements that promote environmental responsibility and resident well-being.

This site offers investors a rare opportunity to acquire a shovel-ready, high-density infill development in a rapidly appreciating, transit-oriented district with strong ongoing demand for well-located studio housing.

1500 15th Street is a fully entitled, eleven-story, transit-oriented project designed to exemplify sustainable, car-free urban living. Situated on a 7,225-square-foot corner lot, the development is approved for 189 thoughtfully designed studio apartments. Transforming a former parking lot, the project creates a vibrant, pedestrian-focused community aligned with San Francisco’s Transit-First Policy and long-term climate goals.

The project features 189 highly efficient studio units, each with a private kitchenette and full bathroom. Premium on-site amenities foster connectivity, wellness, and productivity, including:

• 70 secure bicycle parking spaces

• Co-working areas on every residential floor

• Landscaped courtyard

• Fitness center

• Rooftop deck with sweeping city views

Located in the heart of the Inner Mission, the property offers immediate access to Muni, BART, bike-friendly routes, cafes, shops, and cultural venues. Its high-density, transit-oriented design meets the growing demand for efficient, sustainable housing solutions while positioning the asset for long-term value and resilience. Please note that the project was entitled for 189 units; however, to accommodate structural and system requirements, the final designed unit count has been adjusted to 179 units.

Combined Offering Summary.

Together, 401 South Van Ness Avenue and 1500 15th Street, 2 lots totaling 14,350 SF, offer a rare opportunity to acquire two fully approved, modern residential developments at one of San Francisco's most strategically located intersections. These projects collectively offer:

• 338 units of efficiently designed, in-demand studio housing

• Full entitlements and reduced pre-development risk

• Transit-first, sustainable urban design

• High-quality architectural execution

• Outstanding walkability and connectivity

• Strong demand drivers in one of San Francisco’s most resilient submarkets

This combined offering stands as a forward-looking investment opportunity aligned with the city’s evolving housing needs, sustainability goals, and long-term market fundamentals.