Luxury Property Auction: 10 September-8 October. Estimated sale price: $1M-$1.5M. A shovel-ready, fully entitled condominium development site in San Francisco's dynamic SoMa district, 224-228 Clara Street presents a rare chance to move directly into execution on a Stanley Saitowitz-designed project. More than USD$1,000,000 has been invested in plans and permits for a nine-residence concept featuring eight market-rate two-bedroom, two-bath residences and one below-market one-bedroom residence. The envisioned design pairs open floor plans with floor-to-ceiling glass, distinctive circular bathrooms, generous kitchen islands, and elevator access directly to each residential floor. Top-floor residences and a 640-square-foot common roof deck are designed to capture sweeping city views, while bike storage and select private outdoor space add everyday functionality. A vacant structure currently occupies the 3,600-square-foot parcel and is permitted for demolition. Alternate parking-lot use may be possible; buyer to verify.
Lot/land
$850,000
224 Clara St, San Francisco, CA 94107
--beds
0baths
3,600Square Feet
Unimproved Land
Built in ----
3,600 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Unimproved open space
- 681 days
- 96
- 1
Zillow last checked:
Listing updated:
Listed by:
Callum C. Hutchins DRE #01176371 415-265-1602,
Sotheby's International Realty 415-901-1700
Source: SFAR,MLS#: 424076132
Originating MLS: San Francisco Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total structure area: 0
Property
Lot
- Size: 3,600 Square Feet
Details
- Parcel number: 3753701
- Special conditions: Standard
Utilities & green energy
- Utilities for property: Electric TBD
Community & HOA
HOA
- Has HOA: No
Location
- Region: San Francisco
- Elevation: 0
Financial & listing details
- Tax assessed value: $691,044
- Annual tax amount: $9,334
- Price range: $850K - $850K
- Date on market: 10/29/2024
- Cumulative days on market: 657 days
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $850,000-37% |
Source: | ||
| 8/30/2026 | Listing removed | $1,349,000 |
Source: | ||
| 5/11/2026 | Price change | $1,349,000-9.8% |
Source: | ||
| 3/30/2026 | Price change | $1,495,000-14.6% |
Source: | ||
| 12/5/2025 | Price change | $1,750,000-12.3% |
Source: | ||
| 11/10/2025 | Listed for sale | $1,995,000 |
Source: | ||
| 10/29/2025 | Listing removed | $1,995,000 |
Source: | ||
| 3/4/2025 | Price change | $1,995,000-11.3% |
Source: | ||
| 12/16/2024 | Price change | $2,250,000-18.2% |
Source: | ||
| 10/30/2024 | Listed for sale | $2,750,000-8.3% |
Source: | ||
| 8/13/2024 | Listing removed | $3,000,000 |
Source: | ||
| 8/24/2023 | Listed for sale | $3,000,000+98.8% |
Source: | ||
| 9/10/2019 | Listing removed | $1,509,000 |
Source: Colliers International #482573 Report a problem | ||
| 4/15/2019 | Pending sale | $1,509,000 |
Source: Colliers International #482573 Report a problem | ||
| 3/20/2019 | Listed for sale | $1,509,000 |
Source: Colliers International #482573 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2020 | $9,334 +586.1% | $691,044 +2320.1% |
| 2019 | $1,360 +32.8% | $28,554 +2% |
| 2018 | $1,024 +43.5% | $27,995 +2% |
| 2017 | $714 +6.6% | $27,447 +2% |
| 2016 | $669 +7.4% | $26,909 +1.5% |
| 2015 | $623 | $26,505 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: South of Market
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