April 30, 2012

After 480 Days On The Market, A Boutique Soma Buyer Is Found

765 Clementina

Picked-up as 2,275 square feet of industrial "flex space" for $820,000 in 2009, in 2010 the bathroom at 765 Clementina was enlarged and remodeled, the kitchen updated, and radiant heating was installed at an estimated cost of $50,000 per the permits.

Repositioned as a "boutique Soma residence," the property returned to the market 480 days ago listed for $1,200,000. Today, the sale of 765 Clementina closed escrow with a reported contract price of $940,000.

765 Clementina Returns As A "Boutique SoMa Residence" [SocketSite]

First Published: April 30, 2012 9:15 AM

Comments from "Plugged In" Readers

I wouldn't be surprised if this ends up being startup space rather than a residence.

Posted by: Michael at April 30, 2012 3:50 PM

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