Millman Team Real Estate

$1,798,000
3,965 Sqft
0.06 Acre Lot

616618 Masonic Avenue, San Francisco, California 94117

  • Residential Income Property Type
  • 3,965 Sqft Square Footage
  • 1919 Year Built
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

Basic Details
Residential Income
For Sale
ML82049001
$1,798,000
3,965 Sqft
1919
0.06 Acre
Active
Duplex
: Bitumen
Features
: Central
: None
: Public Sewer
$0
Address Map
CA
San Francisco
San Francisco
94117
Masonic
616618
Avenue
W123° 35' 32.9''
N37° 47' 16.6''
RH2
Neighborhood
San Francisco Unified
Additional Information
$0
$0
$0
$0
$0
: Parking
3965
: Slab
2.0
2026-05-28
: Public
Broker/Agent Information
eXp Realty of California Inc
Michael Dhanuwidjaja
Listing Information
Jason Tam
ML1600785
ML337529
eXp Realty of California, Inc
ML5092737
ML5009355
Active
2026-06-22T23:10:22Z
CRMLS
: Standard
2026-06-19T17:00:00Z
Agent info
Ray Millman
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