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 core San Francisco loc
MLS #
SF426095571
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
39
Heating
Central Forced Air
Style
Flat
Garage/Parking
Access - Interior, Garage, Gate/Door Opener, Tandem Parking, Garage: 1 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Listing Agent
Jason Tam
eXp Realty of California, Inc
License #: 01992165
Phone: (415) 730-3775
Co-Listing Agent
Michael Dhanuwidjaja
eXp Realty of California Inc
License #: 02164781
Phone: (650) 766-1462
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 1 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 0 | 2 | 0/0 | – |
616 Masonic Ave is a Duplex in San Francisco, CA 94117. This 3,965 square foot property sits on a 2,495 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,888,000 and was built in 1919. This address can also be written as 616 Masonic Ave, San Francisco, CA 94117.
©2026 San Francisco Association of Realtors® MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of February 22, 2026. For the most current information, please contact Jason Tam, (415) 730-3775