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616618 Masonic Avenue

San Francisco, CA 94117
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Bed 5

Bed

Bath 0

Bath

SqFt3,965

Sqft

SqFt2,495

Sqft(Lot)

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 operati onal 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,798,000

AD Id : 79497793

MLS Id : ML82049001

Beds : 5

Lot Size : 2,495 Sqft

Living Area Size : 3,965

Year Built : 1919

Garage : 2

County : San Francisco

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Feature Features

  • Interior Features

    Roof: Bitumen
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1919
    Building Area Total: 3965
    Private Pool: No

  • Lot Information

    Main Square Feet: 2495 Lot Size Acres: 0.0573 Lot Size Source: Assessor Lot Size Square Feet: 2,495

  • Listing Price Information

    Listing Price: $1798000

  • Tax Information

    Parcel Number: 1186016 Annual Tax: $0

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1012 Page St, San Francisco, CA, 94117 $2,199,000 8 4 --

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ByOwner last updated this listing 07/18/2026 @ 15:04

MLS: ML82049001 LISTED BY: Michael Dhanuwidjaja, eXp Realty of California Inc 858-494-2... SOURCE: CRMLS

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