616-618 Masonic AVE, San Francisco, CA 94117

$1,798,000
5
BD
3,965
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,798,000
MLS#
ML82049001
Status
ACTIVE
Zoning
RH2
Sqft. of Residence
3,965
Lot Size
2,495
Listing Area
6 - North Panhandle

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

Additional Information

Cooling System
None
Foundation
Concrete Slab
Garage Parking
Attached Garage
Heating System
Central Forced Air
Living Area
3,965
Lot Size
2,495
Neighborhood
6 - North Panhandle
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Bitumen
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
RH2

Listing courtesy of Michael Dhanuwidjaja, 650-766-1462 from eXp Realty of California Inc
(If provided) CoList: Jason Tam from eXp Realty of California, Inc

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

board logoBased on information from MLSListings MLS as of 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.


Copyright 2026 MLSListings Inc. All rights reserved