1240 Twin Peaks Blvd, San Francisco, CA 94131

Property Description

A rare opportunity to acquire a contiguous four-parcel development site in one of San Francisco's most supply-constrained, view-oriented neighborhoods. Positioned along Twin Peaks Boulevard, this 10,682 SF site offers panoramic outlooks, strong market fundamentals, and exceptional redevelopment potential. 1230-1240 Twin Peaks benefits from San Francisco's recently adopted inclusionary housing reforms under the proposed new 5% inclusionary housing requirement, 10% in-lieu fee structure, and expanded density bonus alternatives-subject to final enactment, Planning Department confirmation, and the selected entitlement pathway, the development potential can be significantly enhanced. The property is ideally suited for a mid-rise multifamily development with an estimated yield of approximately 80 units, supported by a third-party massing study. Independent analysis indicates the potential for approximately 80 units across eight levels within a 65-foot height envelope, with no parking requirement. Current planning analysis also contemplates a transition from RH-1 zoning to form-based density through SB 79 and Family Zoning provisions, with no unit-per-lot cap and up to 82% lot coverage utilizing applicable transit-oriented density incentives, subject to all applicable approvals and governmental review. The list price is supported by a formal appraisal prepared by a licensed appraiser. This extraordinary property also captured national attention and was featured on the Travel Channel for its unmatched setting, panoramic views, and visionary development potential.