1827 Clement Street, San Francisco, CA 94121, San Francisco, 94121 - 4 bed, 4 bath
ACTIVE$1,649,500$3,054/sqft
1827 Clement Street, San Francisco, CA 94121
4Beds
4Baths
3,054Sqft
2,500.34Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Top Cons:
Building Age: Constructed in 1959, the property is an older asset which may incur higher maintenance costs or require significant capital expenditures in the future.
Compared to the nearby listings
Price:$1.65M vs avg $1.83M ($-179,000)31%
Size:3,054 sqft vs avg 3,450 sqft38%
Price/sqft:$540 vs avg $54050%
More Insights
Built in 1959 (67 years old).
Condition: Built in 1959, this property is aged but appears to be maintained. The kitchen features very dated light wood cabinets, older white appliances, and basic tile flooring, indicating no significant renovation in many decades. Heating is provided by wall-mounted units, which are functional but outdated. While the property is clean and livable, its overall style and features, particularly in the kitchen, are significantly behind current standards and would require minor to moderate updates to modernize.
Year Built
1959
Close
-
List price
$1.65M
Original List price
-
Price/Sqft
$540
HOA
$0
Days on market
-
Sold On
-
MLS number
425044205
Home ConditionFair
Features
View-
About this home
1827 Clement Street is a functional apartment building built in 1959. There are four spacious 1-bedroom units with 4 independent parking spaces. The tenants are stable and reliable. This fully occupied building is easy to manage, has strong income, with low expenses. It is ideally situated near the lively dining destinations of Clement Street and California Street. The property also benefits from a wealth of amenities along bustling Geary Street. Residents can easily walk to Presidio Park, the Lake District, and Golden Gate Park. With its desirable unit layout and excellent location, this asset is an outstanding choice for an aspiring investor looking to capitalize on San Francisco's dynamic real estate market and build long-term wealth. PROPERTY HIGHLIGHTS: 4 Spacious, functional 1-bedroom units 4 Independent parking spaces 4 Storage lockers Relatively recent leases Easy to manage, low expense, and strong income 15 GRM, 4 CAP Investment, $/sf = $540, $/unit = $412,375
E
Eric Chin
Listing Agent
Nearby schools
8/10
Alamo Elementary School
Public,•K-5•0.2mi
8/10
Sutro Elementary School
Public,•K-5•0.5mi
8/10
Argonne Elementary School
Public,•K-5•0.5mi
8/10
Peabody (George) Elementary School
Public,•K-5•0.8mi
8/10
Mccoppin (Frank) Elementary School
Public,•K-5•0.9mi
9/10
Lafayette Elementary School
Public,•K-5•1.0mi
8/10
New Traditions Elementary School
Public,•K-5•1.7mi
7/10
Grattan Elementary School
Public,•K-5•2.0mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•2.1mi
9/10
Stevenson (Robert Louis) Elementary School
Public,•K-5•2.4mi
6/10
San Francisco Public Montessori School
Public,•K-5•2.6mi
1/10
Mission Education Center
Public,•K-5•3.8mi
2/10
Fairmount Elementary School
Public,•K-5•4.1mi
/10
Chinese Education Center
Public,•K-5•4.2mi
8/10
Presidio Middle School
Public,•6-8•0.6mi
9/10
Roosevelt Middle School
Public,•6-8•1.1mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•1.6mi
9/10
Lawton Alternative Elementary School
Public,•K-8•1.8mi
8/10
Giannini (A.P.) Middle School
Public,•6-8•2.3mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•2.4mi
6/10
Rooftop Elementary School
Public,•K-8•2.7mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•3.8mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•4.0mi
3/10
San Francisco Community Alternative School
Public,•K-8•4.6mi
2/10
Revere (Paul) Elementary School
Public,•K-8•4.7mi
7/10
Washington (George) High School
Public,•9-12•0.8mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•1.8mi
7/10
Lincoln (Abraham) High School
Public,•9-12•2.4mi
2/10
Wells (Ida B.) High School
Public,•9-12•2.5mi
6/10
Academy Of Arts And Sciences
Public,•9-12•3.0mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•3.0mi
3/10
Mission High School
Public,•9-12•3.2mi
8/10
Galileo High School
Public,•9-12•3.3mi
10/10
Lowell High School
Public,•9-12•3.5mi
3/10
O'connell (John) High School
Public,•9-12•3.8mi
2/10
S.F. International High School
Public,•9-12•4.3mi
1/10
Downtown High School
Public,•9-12•4.3mi
7/10
Balboa High School
Public,•9-12•4.7mi
2/10
Jordan (June) School For Equity
Public,•9-12•5.2mi
2/10
Marshall (Thurgood) High School
Public,•9-12•5.3mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•5.9mi
Price History
Date
Event
Price
05/03/10
Sold
$900,000
Condition Rating
Fair
Built in 1959, this property is aged but appears to be maintained. The kitchen features very dated light wood cabinets, older white appliances, and basic tile flooring, indicating no significant renovation in many decades. Heating is provided by wall-mounted units, which are functional but outdated. While the property is clean and livable, its overall style and features, particularly in the kitchen, are significantly behind current standards and would require minor to moderate updates to modernize.
Pros & Cons
Pros
Great Schools: Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Robust Investment Metrics: The property boasts strong income, low expenses, a 15 GRM, and a 4 CAP, indicating solid financial performance for an investor.
Prime San Francisco Location: Ideally situated near vibrant dining on Clement and California Streets, abundant amenities on Geary Street, and walking distance to major parks (Presidio, Golden Gate), enhancing tenant appeal.
Valuable Unit Amenities: Features four spacious 1-bedroom units, each with an independent parking space and a storage locker, highly desirable in a dense urban environment.
Stable & Occupied Asset: Fully occupied with stable and reliable tenants on relatively recent leases, ensuring immediate and consistent rental income.
Ease of Management: Described as 'easy to manage' with low expenses, making it an attractive, hands-off investment for owners.
Cons
Building Age: Constructed in 1959, the property is an older asset which may incur higher maintenance costs or require significant capital expenditures in the future.
Potential Rent Control Limitations: As a multi-unit building built in 1959 in San Francisco, it is highly likely subject to rent control, which could limit future rental income growth and operational flexibility.
Limited Unit Diversity: All four units are 1-bedroom, which restricts the potential tenant pool to singles or couples and offers no flexibility for larger household types.