616-618 Masonic Avenue

San Francisco, CA 94117
Beds
4
Square Ft.
3,965
$1,888,000
Ideally located near the University of San Francisco and the Panhandle, 616-618 Masonic Avenue offers investors a rare opportunity to acquire a well-situated two-unit asset with immediate income and significant value-add upside in one of San Francisco's most resilient rental submarkets. The property consists of a two-bedroom, one-bath unit currently generating income, and a vacant three-bedroom, one-and-a-half-bath unit, allowing for immediate lease-up at market rents or repositioning for enhanced returns. The unit mix, combined with proximity to USF, public transportation, neighborhood retail, dining, and Panhandle Park, supports strong and durable tenant demand. Substantial upside potential exists through strategic interior and exterior renovations, modernization of finishes, and operational optimization. Additionally, the property may offer expansion potential within the existing building envelope (buyer to verify), providing a compelling path to further increase rentable square footage and long-term cash flow. With in-place income, a vacant unit for immediate execution, and multiple avenues forRead MoreRead Less
Courtesy of Jason Tam, eXp Realty of California, Inc, .
Listing Snapshot
Days Online
38
Last Updated
Beds
4
Square Ft.
3,965
Lot Size
0.06 Acres
Year Built
1919
MLS Number
426095571
30 Days Snapshot Of 94117
$1.75M
-52%
(avg) sold price
13
+333%
homes sold
54
-26%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1919, Living area: 3,965
Accessibility Features
Accessibility features: "Varies By Unit"
Exterior Features
"Yard Space"
Fence
"Fenced"
Garage
1 space
Heating
"Central"
Lot
0.0573 acres, 2,496 square feet, "Sidewalk"
Parking
2 total parkings, "Garage", "Garage Door Opener", "Inside Entrance", "Tandem"
Sewer
"Public Sewer"
Utilities
"City"
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Dan Chang
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.