520 Shrader
520 Shrader Street
December 30, 2021
455 Fell
May 5, 2021

4800 Condominiums is comprised of 18 residential units over a local restaurant business in the heart of the Town Center district of Bayview. Buyers are first-time homeowners earning between 50%

SFHDC developed 18 affordable condominiums. Two thousand square feet of commercial space is occupied by Radio Africa Kitchen restaurant. The 4800 Condominiums project was financed by San Francisco Redevelopment Agency, Wells Fargo Bank, California Building Equity and Growth in Neighborhoods Program (BEGIN), San Francisco Housing Development Corporation Equity Fund.

4800 Condominiums

4800 Third Street
San Francisco, CA 94124

Development Partner:

SFHDC was sole developer.

Details:

Date of Completion: November 2009

Income Group Served: 60% – 100% AMI

18 Units

Common Space: 1,300 sq ft Courtyard, Parking Spaces: 11, and Commercial: 2,100 sq ft

Green Building Features:

Solar panels, linoleum flooring, recycling chute, bicycle storage, low-VOC paints, across from lightrail platform, water efficient landscape

Costs:

Sales Price: $141,000 – $272,000

Total Cost: $11,461,104

Cost Per Unit: $636,708

Cost Per Sq Ft: $655