San Francisco, CA 94117
$1,798,000
Bed
0
Bath
0
Living Space
3,965 SqFt
Year Built
1919
Lot Size
2,495 SqFt
Days
93
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
Listing provided courtesy ofMichael Dhanuwidjaja License 02164781 eXp Realty of California Inc, Jason Tam License 811393 eXp Realty of California, Inc
Data provided by MLSListings Inc.
- New Traditions Elementary School (Elementary) - GreatSchools rating 8/10 - Roosevelt Middle School (Middle) - GreatSchools rating 8/10 - Wallenberg (Raoul) Traditional High School (High) - GreatSchools rating 7/10 School District: SanFranciscoUnified
Within a 1-2 mile radius of 616-618 Masonic Avenue, several parks and recreational areas are available. These include The Panhandle, a neighborhood park offering green space, Buena Vista Park, known for its natural escape, and Richard Gamble Memorial Park. Francisco Park, a 4.5-acre park with views of the Golden Gate Bridge, is also nearby.
The property is located in the Panhandle neighborhood of San Francisco. This area is characterized by its proximity to the University of San Francisco, neighborhood retail, and dining options. The neighborhood's appeal is further enhanced by its connection to Panhandle Park, supporting strong tenant demand.
616-618 Masonic Avenue boasts a Walk Score of 96 out of 100, indicating a "Walker's Paradise" where daily errands do not require a car. The Transit Score is 77 out of 100, signifying excellent transit options with convenient access for most trips. Nearby transit routes include the 43 MASONIC, 6 HAIGHT-PARNASSUS, and 37 CORBETT bus lines, as well as the N JUDAH and M OCEAN VIEW rail lines.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- New Traditions Elementary School (Elementary) - GreatSchools rating 8/10 - Roosevelt Middle School (Middle) - GreatSchools rating 8/10 - Wallenberg (Raoul) Traditional High School (High) - GreatSchools rating 7/10 School District: SanFranciscoUnified
Within a 1-2 mile radius of 616-618 Masonic Avenue, several parks and recreational areas are available. These include The Panhandle, a neighborhood park offering green space, Buena Vista Park, known for its natural escape, and Richard Gamble Memorial Park. Francisco Park, a 4.5-acre park with views of the Golden Gate Bridge, is also nearby.
The property is located in the Panhandle neighborhood of San Francisco. This area is characterized by its proximity to the University of San Francisco, neighborhood retail, and dining options. The neighborhood's appeal is further enhanced by its connection to Panhandle Park, supporting strong tenant demand.
616-618 Masonic Avenue boasts a Walk Score of 96 out of 100, indicating a "Walker's Paradise" where daily errands do not require a car. The Transit Score is 77 out of 100, signifying excellent transit options with convenient access for most trips. Nearby transit routes include the 43 MASONIC, 6 HAIGHT-PARNASSUS, and 37 CORBETT bus lines, as well as the N JUDAH and M OCEAN VIEW rail lines.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
