Purchased for $600,000 in 2005, the 765 square foot building at 1785 15th Street between Guerrero and Albion was foreclosed upon in 2011 and resold for $430,000 that November.
Luckily for the buyers, the San Francisco’s Planning Department has determined that the shed behind the building which was demolished last year was not a historical resource.
Having determined that the building itself isn’t a historical resource either, a finding that could, of course, be appealed under the California Environmental Quality Act, the buyers plan to raze the building and build a 52-foot-tall, 5-story building in its place:
The first floor of the eight-unit building would be finished in stone with the rest of the facade in stucco and Hardie-plank siding with aluminum windows and painted wood bays and window trim. No parking is proposed. If you want to learn more about the exterior sidings, a Hardie plank siding atlanta service similar to M&M Home Exteriors may have you covered, or you can check with a company more local to you.
The estimated cost of the project is $2.2 million and the project sponsor hopes to begin construction in January 2014. Any opposition to the project has until May 21 to appeal the Planning Department’s determination and attempt to force a full environmental report.
? Supervisor Showdown: Wiener Versus Kim, CEQA, And Waste [SocketSite]