616618 Masonic Avenue, San Francisco, CA 94117
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
616618 Masonic Avenue,San Francisco, CA 94117
$1,798,000
- - Beds
- - Baths
- 3,965 sq. ft.
- Multi-family
- Active
Listed by: michael dhanuwidjaja, jason tam
Office: exp realty of california inc888-584-942
MLS#:ML82049001
Source:CRMLS
Price summary
- Price:$1,798,000
- Price per sq. ft.:$453.47
About this home
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...
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Home facts
- Year built:1919
- Listing ID #:ML82049001
- Added:91 day(s) ago
- Updated:August 28, 2026 at 11:59 AM
Rooms and interior
- Living area:3,965 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Roof:Bitumen
- Year built:1919
- Building area:3,965 sq. ft.
- Lot area:0.06 Acres
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,798,000
- Price per sq. ft.:$453.47
Parking
- Garage:Yes
- Garage spaces:2
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