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San Francisco, CA 94124
Candlestick Point
Asset ClassLand, Multifamily
Land5.5 Acres
Waterfront Multifamily Development
overview of deal

Overview

Candlestick Point combines Bayfront visibility, infrastructure investment, planned mixed-use growth, and excellent access to major corridors, significantly strengthening the project’s marketability, long-term stability, and competitive positioning.

 

This offering consists of ±5.5 acres at the center of Candlestick North. With the potential to incorporate an additional ±1.8 acres of adjoining paper streets.

 

This opportunity not only allows for high density and encourages large-scale development supported by the Office of Community Investment and Infrastructure (OCII), this waterfront district is primed and ready with entitlements and public-sector support in place.

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Investment Highlights

HIGH RENT CEILING & INSTITUTIONAL EXIT POTENTIAL

• Highest-renting multifamily market in US • Class A product achieving $4.50-$6.00 psf TRUE SUPPLY-CONSTRAINED MARKET • Less than 1% of total land area available for new residential development • Tightest market creating high demand and lasting value

 

WATERFRONT PREMIUM & ENDURING VALUE

• Combines direct Bay access, open-space adjacency, and skyline visibility

• Nonreplicable product

 

SOUTHEAST GROWTH CORRIDOR MOMENTUM

• Multiple infrastructure projects supporting this development including public transportation

• City Planning Authority implementing pro-housing policies to help developers bridge housing gap including shortened timelines for Candlestick master planned community

 

STRONG RENTER & WORKFORCE FUNDAMENTALS

• San Francisco’s renter base remains one of the most educated and affluent in the nation

• Median household income above $140,000 with strong industry presence from tech, life sciences, finance and healthcare

Property Information

Description
Neighborhood
Candlestick North
APNs
4917-001, 4917-003, 4935-003, 4935-001, 4918-025 and 4934-002
Acreage
5.5 Acres + 1.8 acres of paper streets
Proposed Density
125 to 150 units per acre, Approx,. 825-1000+ units (based on product type and average size per unit)
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Sales Team

Rachel McKinneyAssociate

License #: CA DRE Lic. #02115595

(858) 243-0604rachel.mckinney@avisonyoung.com
Damian McKinneyPrincipal & Managing Director

License #: 00777218

(562) 889-2001damian.mckinney@avisonyoung.com
Michael LongiPrincipal, National Land Broker, Real Capital Markets

License #: 01714778

(702) 340-7184michael.longi@avisonyoung.com
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Listing provided by Revere CRE