is a 57-unit single room occupancy (SRO) residential building located in San Francisco's
South of Market neighborhood, built around 1908 and last significantly updated in 1990. The building is a four-story
wood-framed structure, approx. 26,620 sf, with a large subterranean basement (utilities and the maintenance
shop); ground level with services offices, a community room, and storage areas; and residential units with shared
bathrooms and toilet rooms, as well as additional offices and a common living area and kitchen, located on the
second, third, and fourth floors, all accessible only by stairs.
As a Joint Venture, Conard House, Inc. and The John Stewart Company (Sponsor) applied under MOHCD’s 2023 ENP NOFA and received a preliminary award of $4M to rehabilitate The El Dorado Hotel (to be renamed El Dorado Apartments and referred to as El Dorado, Project). The Sponsor applied for 9% tax credits to undertake a significant rehabilitation of the building in order to maintain habitability, enhance living quality, and expand the space available to services and resident interaction. The rehabilitation will result in a new unit mix of 39 SRO units and 23 studio units with private baths, for a total of 62 units post-rehab. All units will have kitchenettes. The building will also add an elevator and new common spaces.
The date is approaching fast and we’re making preparations!
Conard House, Inc.
1385 Mission Street, Suite 200, San Francisco, CA 94103