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Property profile & analytics
OFF-MARKET
Estimated value
$5,670,000
Banks
601 Clement St San Francisco, CA 94118-2206
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6062218
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1912
Construction
STEEL FRAME
Total area
7,770 SF
Lot
0.12 ac (5,275 SF)
Zoning code
INCLEM
APN
1439 -050
UPID
US09-6062218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Tat Wong Kung Fu Academy Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.67M
Owner & transaction history
Richmond Area Multi Services INC · 3 yrs held
Richmond Area Multi Services INC
since 2023
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
INCLEM · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,075,000
ML approach
$6,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.67M
Range $5.10M – $6.24M · ±10% · vs last sale $5.30M (May 10 2023)
Last sale anchor
$5.30M
May 10 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$730 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$64,117
Tax year 2024
Assessed value
$5,406,000
Assessed 2024
Previous assessed
$5,406,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$3,243,600
Assessed improvement
$2,162,400
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1912
Construction
STEEL FRAME
Heating
NONE
Stories
1
Rooms
10
Bathrooms
3
Total area
7,770 SF
Lot
0.12 ac (5,275 SF)
Zoning code
INCLEM
APN
1439 -050
UPID
US09-6062218
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
INCLEM · San Francisco, CA
Zoning INCLEM · permitted uses
INCLEM · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Construction
STEEL FRAME
Heating
NONE
Stories
1
Rooms
10
Bathrooms
3
Lot
0.12 ac
Current owner
From public records · entity-resolved
Richmond Area Multi Services INC
Entity
Mailing address
4355 GEARY BLVD, SAN FRANCISCO, CA 94118-3003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Richmond Area Multi Services INC
—
Deed
related
$5,700,000 · Bank Of San Francisco
May 10, 2023
$5,300,000
Richmond Area Multi Services INC
Paul Wong
Grant Deed
—
Aug 18, 2022
—
Paul Wong
C K Lee Wong Tenny
Intrafamily Transfer
related
$550,000 · C Tenny
Apr 4, 2019
—
Wong,tenny C K 2019 Living Trust
Wong,tenny C K
Quit Claim Deed
related
—
Jul 29, 2016
—
Paul Wong
Wong,paul T M & Tenny C K
Quit Claim Deed
related
$1,580,000 · Wells Fargo Bk
Aug 18, 1999
—
Paul T Wong
China Trust Bank Of California
Grant Deed
$1,280,000 · China Trust Bank
Sep 6, 1995
—
China Trust Bank Of California
Trans National Bank
Grant Deed
related
—
—
—
Paul T M Wong
—
Deed Of Trust
related
$1,620,000 · Union Bank
—
—
Tenny C Wong
—
Deed Of Trust
related
$1,768,000 · Wells Fargo Bank
—
—
Paul T Wong
—
Deed Of Trust
related
$385,000 · China Trust Bank USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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