1014 Clement Street, San Francisco, CA 94118, San Francisco, 94118 - bed, bath
1014 Clement Street
San Francisco, CA 94118
Property Price
SUMMARY
Analysis of 1014 Clement Street, San Francisco, CA 94118 is currently available with a list price of $2,100,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This mixed-use commercial building, constructed in 1923, shows a blend of recently updated and dated elements. The ground floor retail space (coffee shop) appears to have undergone a significant modern renovation, featuring contemporary flooring, lighting, and a clean, updated commercial restroom. However, the upper floor, occupied by the healing center, presents a more dated aesthetic, particularly in the bathroom (Image 10) with its older style cabinetry and tiles, suggesting a renovation 15-30 years ago. The stairwell also appears dated. While parts of the property are well-maintained and modern, the overall age of the building and the visible outdated components on the upper floors indicate that it requires minor updates in some areas and may necessitate future capital expenditures due to its historic age, aligning with a 'Fair' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Prime Commercial Location
Situated on Clement Street in San Francisco's vibrant Inner Richmond District, benefiting from high pedestrian traffic, diverse amenities, and strong local demographics.
- Strong Investment Returns
Features a compelling 6.47% cap rate and stable income from established long-term and month-to-month tenants, offering immediate financial performance.
CONSRISKS & DEFICIENCIES
- Historic Building Age
Constructed in 1923, the property is over a century old, which may necessitate significant capital expenditures for maintenance, upgrades, or compliance with modern building codes.
- Retail Lease Instability
The ground-floor retail tenant is on a month-to-month lease, introducing a degree of income uncertainty or potential vacancy risk compared to a long-term agreement.
- Limited Lot Size
The relatively small 2,250 sqft lot size for a 5,964 sqft building restricts possibilities for expansion, additional parking, or outdoor space development.
About 1014 Clement Street
Well-positioned mixed-use commercial building in San Francisco's Inner Richmond District, totaling approximately 5,964 square feet on a 2,250 square foot lot. This three-story property features ground floor retail currently occupied by Diamond Coffee & Pastry on a month-to-month lease. The upper floors and a portion of the ground floor are leased long-term to Wu's Healing Center, an established medical and wellness practice. The tenancy offers stable income with flexibility for future repositioning. Located on busy Clement Street, a vibrant neighborhood corridor known for its diverse dining, retail, and local services, the property benefits from consistent pedestrian traffic, strong surrounding demographics, and access to multiple Muni transit lines. With a current 6.47% cap rate and long-term growth potential, 1014 Clement Street presents a compelling investment opportunity in one of San Francisco's most desirable commercial districts.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1923
- Lot Size
- 2,252.05 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Sutro Elementary School
Grades K-5 • 0.1 mi
Peabody (George) Elementary School
Grades K-5 • 0.3 mi
Mccoppin (Frank) Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 4.0 | 50% |
| Baths | - | 1.0 | 50% |
| Square foot | 5,964 | 6,066 | 50% |
| Lot Size | 2,252.05 | 2,751.025 | 50% |
| Price | $2.10M | $2.15M | 50% |
| Price per sq ft | $352 | $354 | 50% |
| Built year | 1923 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 212 | 241 | 50% |
Pricing History
Listed for Sale
Aug 7, 2025
$2,100,000
Initial Listing
Sold
May 20, 2003
$1,500,000
Public Record