645-647 Clement Street

San Francisco, CA 94118

$4,300,000
Price
3
Beds
1
1/2 Bath
5,500 Sq. Ft.
$782 / Sq. Ft.
5,500
Sq. Ft.
$782
per Sq. Ft.

Description

637-639 and 645-647 Clement Street, San Francisco is an approximately 7,016 sq ft mixed-use commercial/residential real estate offering collectively consisting of two 2-unit properties with an expansive 28 feet of street frontage. Unit 637 is a retail tobacco goods store; unit 639 is occupied by King's Thai Cuisine restaurant. 645 Clement is a bustling 3,200 approx. sq ft Chinese dry goods market, with a very large refrigeration/freezer area in the back. Directly above the market is a spacious 2,300...637-639 and 645-647 Clement Street, San Francisco is an approximately 7,016 sq ft mixed-use commercial/residential real estate offering collectively consisting of two 2-unit properties with an expansive 28 feet of street frontage. Unit 637 is a retail tobacco goods store; unit 639 is occupied by King's Thai Cuisine restaurant. 645 Clement is a bustling 3,200 approx. sq ft Chinese dry goods market, with a very large refrigeration/freezer area in the back. Directly above the market is a spacious 2,300 approx sq ft 3 bedroom, 2 full bath residence. Amenities of this light filled apartment, which was extensively renovated in 2005, include a modern gourmet kitchen, an oversized living room with fireplace, and soaring ceilings throughout. Located in one of the most prime shopping districts in the inner Richmond, the 600 block of Clement street sees a tremendous amount of foot traffic and serves as a central community shopping destination. With close proximity to the University of San Francisco and UCSF's Laurel Heights Campus, 637-639 and 645-647 Clement Street is truly one of the best retail location investment opportunities offered anywhere in the city.

Listing Agents

  1. Andy Ardila

    Andy Ardila

    Listing Agent

    Compass

    DRE #02080102

  2. David Costello

    David Costello

    Alternative Listing Agent

    Compass

    DRE #01947195

Property Details for 645-647 Clement Street

Directions to Property
Geary to 8th Ave to Clement Ave
Cross Street
8th Ave
Total Parking Spaces
0

Location

Listing Courtesy of Compass, Andy Ardila, DRE #02080102; Compass, David Costello, DRE #01947195
Add your commute
LISTING UPDATED: 09/19/2023 03:39 PM

Property Details for 645-647 Clement Street

StatusActive
MLS #423905694
Days on Compass241
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1900
Lot Size0.06 AC / 2,766 SF
CountySan Francisco County

Location

Listing Courtesy of Compass, Andy Ardila, DRE #02080102; Compass, David Costello, DRE #01947195
Add your commute

Virtual Tour

Building Information for 645-647 Clement Street

Stories2Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,766 SF

Payment Calculator

$26,556 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,467

Property Taxes

$3,089

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 645-647 Clement Street

Summary
Location and General Information
  • Area/District: SF District 1
  • Area Short Display: 1
  • Subdistrict: Inner Richmond
  • Location Description: SF District 1, Inner Richmond, SF District 1 Inner Richmond
Taxes and HOA Information
  • APN: 1439-039
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Owner
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Sidewalk
Property and Assessments
  • Property Condition: Varies by Unit
  • Picture Count: 25
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: Disclosure Package Available, Natural Hazard Disclosure Available, Preliminary Title Report
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 2
  • Levels: Two
Interior Features
  • Appliances: Varies By Unit
  • Flooring: Varies by Unit
  • Full Bathrooms: 0
  • # of Rooms: 8
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 1
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 16.51
  • Gross Income Multiplier: 18.32
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 2
  • # Of Units Total: 2
  • # Of Units Vacant: 0
  • # Of Units Leased: 2
  • Total # Leasable: 0
  • Total # Section 8: 0
  • Other Unit(s): Store(s)
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Description: 28 feet of frontage on Clement St. 645-647 is occupied by a dry goods mark
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 1
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $8,500.00
  • Unit 1 Approx SqFt: 2363.0
  • Unit 1 SqFt Source: Tax Record
  • Unit 1 # of Rooms: 0
  • Unit 1 Type: Store
Unit 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Description: 3 BR / 2 BA residential flat above store
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Rental
  • Unit 2 Rent: $3,900.00
  • Unit 2 Approx SqFt: 2300.0
  • Unit 2 SqFt Source: Tax Record
  • Unit 2 # of Rooms: 3
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 645-647 Clement Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 645-647 Clement Street

Taxable ValueLand$1,843,281Additions$1,228,854Total$3,072,135
Tax Record2023$37,066 ($3,089 / month)
Home Facts
Total Finished SqFt4,663 SqFtAbove Grade Finished SqFt4,663 SqFtStories2Lot Size2,766 SqFtStyleStoresYear Built1900ZoningINCLEMCountySAN FRANCISCOAPN1439 -039

Schools near 645-647 Clement Street

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Peabody (George) Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

Independence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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645-647 Clement Street is a multi-family home for sale in San Francisco, CA 94118. This property was listed for sale on August 30, 2023 by Compass, it's currently listed at $4,300,000. It has been on the market for a total of 241 days and was last sold on May 2, 2016. This listing's school district is San Francisco Unified School District. Nearby schools include Peabody (George) Elementary School, Roosevelt Middle School and Wallenberg (Raoul) Traditional High School. 645-647 Clement Street is a 3-bed, 0.5-bath, 5,500 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Andy Ardila, DRE #02080102; Compass, David Costello, DRE #01947195

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.