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$1,798,000 Just Listed
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
Full Property Details
Full Property Details for 616-618 Masonic Ave
General
- Price: $1,798,000
- Status: Active
- Type: Duplex
- Source: RE_Infolink
- MLS ID: ML82049001
- Updated: 5/28/2026
- Added to Site: Today
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Attached Garage
Location
- Area: 6 - North Panhandle
- County: San Francisco
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Slab
- Roof: Bitumen
- Disability Access: Parking
- Square Feet: 3,965
- Year Built: 1919
Unit Information
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 2
Lot Features
- Minimum Lot Size: 2495
- Lot Size (Sq. Ft.): 2,495
- Building Sites: 1
- Zoning: RH2
Listed by eXp Realty of California Inc, Michael Dhanuwidjaja
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Schools
Schools serving 616-618 Masonic Ave
School District:San Francisco Unified School District
| Name | Grades | Distance |
|---|---|---|
New Traditions Elementary School 2049 Grove St., San Francisco, CA 94117 | K-5 | 0.2 mi |
Roosevelt Middle School, San Francisco, CA 460 Arguello Boulevard, San Francisco, CA 94118 | 6-8 | 0.8 mi |
S.F. International High School 655 De Haro Street, San Francisco, CA 94107 | 9-12 | 2.7 mi |
Wallenberg (Raoul) Traditional High School 40 Vega Street, San Francisco, CA 94115 | 9-12 | 0.3 mi |
Mission High School 3750 18th Street, San Francisco, CA 94114 | 9-12 | 1.4 mi |
O'connell (John) High School 2355 Folsom Street, San Francisco, CA 94110 | 9-12 | 2.1 mi |
Academy (The)- SF @Mcateer 555 Portola Drive, San Francisco, CA 94131 | 9-12 | 2.1 mi |
Asawa (Ruth) San Francisco School Of The Arts, A Public School. 555 Portola Drive, San Francisco, CA 94131 | 9-12 | 2.1 mi |
Galileo High School 1150 Francisco Street, San Francisco, CA 94109 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 616-618 Masonic Ave
Date
Details
Price
Change
Source
5/28/2026
Listed
$1,798,000
19.87%
MLS
3/30/2018
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 616-618 Masonic Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,973
5%
$2,104,967
2%
2024
$25,734
—
$2,063,697
2%
2023
$25,728
6%
$2,023,235
2%
2022
$24,278
—
$1,983,566
2%
2021
$24,382
-1%
$1,944,674
1%
2020
$24,602
3%
$1,924,737
2%
2019
$23,813
215%
$1,887,000
235%
2018
$7,563
5%
$562,612
2%
2017
$7,179
2%
$551,584
2%
2016
$7,029
1%
$540,772
2%
2015
$6,932
3%
$532,654
2%
2014
$6,753
—
$522,224
—
2013
$6,763
—
$519,868
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 616-618 Masonic Ave
616-618 Masonic Ave, San Francisco, CA 94117 (MLS# ML82049001) is a Duplex property with 0 bedrooms and 0 full bathrooms. 616-618 Masonic Ave is currently listed for $1,798,000 and was received on May 28, 2026. Want to learn more about 616-618 Masonic Ave? Do you have questions about finding other Duplex real estate for sale in North Panhandle? You can browse all North Panhandle real estate or contact a Coldwell Banker agent to request more information.
