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$4,300,000

Beds
3
sq ft
5,500

645 Clement St, San Francisco, CA 94118

645 Clement St

San Francisco, CA 94118

  • 311 days on market
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.

Details

Property type

Mixed Use

Lot size

2,766.06 sq ft

Price per sq ft

$782

Year built

1900

Price History

08/30/2023
SFAR

SFAR #423905694

Listed
$4,300,000
+75.51%
05/02/2016
SFAR

SFAR #444189

Sold
$2,450,000

Schools & Community

Neighborhood: 

Inner Richmond

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Samuel Ling K Kwok Etal

Loan start date

April 2016

Original loan amount

$195,000

Est. remaining balance

Not provided

Interest rate

3.64%

Loan type

Seller take-back

Seller

Mahmoud Larizadeh and Mahmoud Larizadeh Revocable Living Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/06/2024 at 2:35 PM

Listing updated: 11/15/2023 at 8:50 AM

Listed by: Andres Ardila, Compass

MLS: SFAR #423905694

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