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Exceptional Development / Renovation Opportunity in Corona Heights

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254 Roosevelt is a fantastic three unit residential building in a highly desirable Corona Heights location with approved plans and site permit to renovate and expand the building into three modern luxury homes. 

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Currently a 2,438 square foot building, planning department approved plans by award winning architectural firm The Open Workshop call for expansion of the building to over 5,300 sq. ft. feet, to include a dramatic 1 bed, 1 bath penthouse with a 417 sq. ft. roof deck with panoramic city views, a 2-level,  2 bed / 2 bath townhome , and a large 3 bed / 2.5 bath flat.  New features to include view decks and terraces, an elevator accessing all homes including a new garage addition. Plans call for 4,534 sq. ft. of finished living space.

254 Roosevelt Way offers many wonderful opportunities: Undergo a light renovation to owner-occupy and/or rent out the residential units, expand and develop per the approved plans for your own use and as a long term investment, or offer the new luxury homes for sale.

Offered at $1,745,000