Investment Real Estate Services

SOLD: 452 Clementina – Six Units in SOMA

 

452-Clementina-Web

– List Price: $1,495,000

– Sale Price: $1,750,000

Sold with multiple offers and final price representing a 17% increase above the list price

– Six One Bedroom Units

– Two Units Vacants

– Excellent SOMA / Mid-Market Location

– Huge Upside in Rents & Neighborhood Appreciation

452-454 Clementina is a six unit, three story Romeo-style apartment building located in San Francisco’s SOMA District. The property is comprised of six one bedroom, one bathroom apartments. Four of the units have been updated with new kitchen cabinets, new flooring and upgraded copper plumbing. The building includes a large full basement and a large courtyard/backyard. The building uses gas wall furnaces for heating, is separately metered for gas and electricity, and has a concrete foundation. In addition, recent soft-story seismic work has been completed and a new roof has just been installed in June 2014. Two units are vacant.

This subject property is ideally located in the SOMA (South of Market) area of San Francisco. Set on a quiet side street between 5th & 6th Street(s) and Howard & Folsom; just a few blocks from Mid Market corrider, the Twitter Headquarters, MOMA, Yerba Buena Center, Westfield Shopping Center, Metreon, and abundant shopping and restaurant options. The building is also within walking distance to major transportation lines, including San Francisco Transbay Terminal, major MUNI bus lines, BART as well as being very close to Hwy’s 80, 101, 280 offering convenience to any location throughout the City. The SOMA District is arguably San Francisco’s hottest area and certainly has the most current development projects. The area should see rapid appreciation over the near term.

Please click here to download the full property statement.

Showing Schedule:

09/02/14 2:30 pm – 4:00 pm Call for Offers on September 12th.
09/09/14 2:30 pm – 4:00 pm Call for Offers on September 12th.
09/11/14 11:00 am – 12:00 pm Call for Offers on September 12th.


Comments are closed.