This fully entitled multi-family development site at 595 Bay Street offers a rare opportunity to acquire a prime residential project in one of San Francisco’s most vibrant neighborhoods. The property is approved for 56 residential units, including 6 Below Market Rate (BMR) units, catering to the city’s strong demand for urban housing. Unit sizes range from 320 to 350 square feet, designed for efficient studio living that aligns with modern urban lifestyles. Located in the heart of San Francisco’s North Waterfront district, the site benefits from exceptional walkability and proximity to major attractions such as Fisherman’s Wharf, Ghirardelli Square, and Pier 39. Residents will enjoy immediate access to a wide array of dining, retail, and entertainment options, as well as convenient connections to public transportation and major thoroughfares, including U.S. Highway 101. With a purchase price of $6,800,000, this property represents a compelling investment opportunity in a high-demand rental market. The combination of entitlement certainty, desirable location, and strong neighborhood amenities positions this asset for long-term value and consistent occupancy.