645 Clement Street, San Francisco, CA 94118, San Francisco, 94118 - 3 bed, 2 bath
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San Francisco, CA 94118
This High-Potential Investment Opportunity is a Mixed-Use Commercial/Residential Asset listed at $4,200,000—positioned well below the $4,974,220 Fair Market Value by 15%. This valuation gap offers $774,220 in Instant Equity. Featuring a Condition Rating of 4, the property includes three retail units and a renovated 2,300 sq ft residence. Located in a high-traffic district near Top-Rated Schools like Chinese Immersion School at Deavila, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a diversified revenue stream.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 645 Clement Street Subject | $4,200,000* List Price | 3 | 2 | 4,663 | $1,067 | - |
A 212 Spruce Street Pending | $4,395,000 List Price | 4 | 4 | 4,133 | $1,063 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the residential unit was extensively renovated in 2005, those updates are now 19 years old, placing it in the 15-30 year renovation bracket. The 'modern' gourmet kitchen and baths from that era are now dated by current standards, and the 1900 original construction suggests that while functional, the property likely requires minor repairs or cosmetic updates to meet modern 'Good' or 'Excellent' benchmarks.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the heart of the Inner Richmond's 600 block of Clement Street, the property benefits from exceptional foot traffic and 54 feet of prominent street frontage in a central community shopping destination.
This mixed-use offering includes three established retail units and a large residential apartment, providing a robust and diversified revenue stream for potential investors.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2766, living area = 4663.
The requirement to purchase multiple addresses as a single combined offering increases the total capital outlay and may limit the pool of eligible buyers.
Originally constructed in 1900, the property may require significant ongoing maintenance and potential seismic upgrades typical of century-old San Francisco structures.
645-647 & 637-639 and Clement Street, San Francisco is an approximately 7,016 sq ft mixed-use commercial/residential real estate offering collectively consisting of 3 retail unit properties with an expansive 54 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 (between cross streets of 7th & 8th Avenue)sees a tremendous amount of foot traffic and serves as a central community shopping destination. The addresses of 635-637 & 645-647 will only be sold as one combined offering. 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.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 4,663 | - |
| Lot Size | 2,766 | - |
| Price | $4.20M | $2.02M |
| Price per sq ft | $901 | $1.2K |
| Built year | 1900 | 0 |
| HOA | $0 | $0 |
| Days on market | 51 | 46 |
Jun 1, 2026
$4,200,000
Initial Listing
May 2, 2016
$3,900,000
Public Record
Oct 18, 2002
$1,700,000
Public Record