
San Francisco, CA 94116
Analysis of 3535 Wawona Street, San Francisco, CA 94116 is currently available with a list price of $18,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2020, this luxury condominium complex is virtually new and meets the highest quality standards. The units feature high-end modern finishes including quartzite countertops, European cabinetry, premium appliance packages, hardwood flooring, and spa-quality bathrooms, with no deferred maintenance.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated just one block from Ocean Beach and adjacent to the San Francisco Zoo, the property occupies an irreplaceable coastal position in the highly supply-constrained Sunset District.
The building features a premium amenity suite including ocean-view patios with fire pits, co-working spaces, and nearly 20,000 square feet of ground-floor retail, creating a high-end lifestyle draw.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =36000, other record lot size in square feet = 31239. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 33, other record bedroom count = 2.
The high monthly association fee of $12,436 represents a significant overhead that could impact net margins during the phased disposition of the 16 units.
Executing a bulk sell-off strategy for 16 luxury units simultaneously within a single boutique building may face absorption challenges if local demand for high-price-point condos softens.
The Cushman & Wakefield Northern California Multifamily Team is pleased to offer for sale, The Westerly, a rare opportunity to acquire a critical mass of newly constructed luxury condominiums in bulk within one of San Francisco's most supply-constrained coastal neighborhoods. The offering consists of 16 residences15 two-bedroom condominiums and one three-bedroom condominiumwithin a 56-unit boutique condominium community, providing immediate scale for a premium individual sell-off strategy. Bulk acquisition allows an investor to establish a favorable basis relative to retail pricing while maintaining flexibility to phase dispositions and optimize exit timing. The underlying product is purpose-built for premium resale and differentiated by its level of finish, design quality, and lifestyle orientation. Residences feature high-end interiors including quartzite countertops, European cabinetry, premium appliance packages, hardwood flooring, spa-quality bathrooms, and private outdoor space. Expansive windows and select corner layouts capture ocean, city, and zoo views, reinforcing the project's luxury positioning and supporting top-of-market pricing upon individual resale. The Westerly's amenity and retail offerings elevate the property beyond traditional Sunset District condominium inventory. A resort-caliber amenity suiteco-working spaces, owner lounges, ocean-view patios with fire pits, landscaped outdoor areas, and secure parking for most units, creates a lifestyle-driven value proposition that resonates strongly with owner-occupants. Additionally, approximately 19,200 square feet of integrated ground-floor retail, designed for a neighborhood-serving market and restaurant, will enhance daily convenience, activate the street scape, and materially improves residential desirability and absorption prospects. Location is a defining strength of the investment. Situated one block from Ocean Beach and adjacent to the San Francisco Zoo, the property benefits from an irreplaceable coastal setting within the Sunset Districtan area characterized by limited new condominium supply and enduring lifestyle appeal. Access to well-regarded neighborhood public schools and efficient connectivity to Downtown San Francisco, UCSF, Mission Bay, and Peninsula employment centers further broaden the buyer pool. Collectively, these factors create a clear, executable path to value creation through premium individual condo sales in a supply-constrained market.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 33.0 | 3.0 | 67% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 19,208 | 1,048 | 67% |
| Lot Size | 36,000 | 11,656.66 | 67% |
| Price | $18.00M | $8.10M | 67% |
| Price per sq ft | $937 | $937 | 50% |
| Built year | 2020 | 1940 | 67% |
| HOA | $12436 | $3.3K | 67% |
| Days on market | 34 | 219 | 33% |
Mar 19, 2026
$18,000,000
Initial Listing
Nov 30, 2023
$3,300,000
Public Record
Nov 21, 2023
$4,200,000
Public Record
Nov 15, 2023
$3,750,000
Public Record