616-618 Masonic Avenue, San Francisco, CA 94117
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616-618 Masonic Avenue, San Francisco, CA 94117
616-618 Masonic Avenue, San Francisco, CA 94117
616-618 Masonic Avenue, San Francisco, CA 94117
616-618 Masonic Avenue, San Francisco, CA 94117
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Nina Ahlers

Nina Ahlers

Engel & Völkers

+1(408) 805-1323
$ 1,798,000
Est. payment /mo
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616-618 Masonic Avenue San Francisco, CA 94117

5 Beds

3,965 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,965 sqft

Price per Sqft $453

MLS Listing ID ML82049001

Bedrooms 5

HOA Y/N No

Year Built 1919

Lot Size 2,495 Sqft

Property Sub-Type Duplex

Property Description

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 for value creation, 616-618 Masonic Avenue presents an attractive opportunity for investors seeking rent growth, asset repositioning, and long-term appreciation in a San Francisco location

Location

State CA

County San Francisco

Zoning RH2

Interior

Heating Forced Air

Cooling No Air Conditioning

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District San Francisco Unified

Others

Tax ID 1186016


Bridge MLS
Listed by Michael Dhanuwidjaja • eXp Realty of California Inc
Nina Ahlers

Nina Ahlers

Advisor

+1(408) 805-1323

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616-618 Masonic Avenue