
San Francisco, CA 94108
This property presents a High-Potential Investment Opportunity with a List Price of $1,850,000—positioned well below the $1,919,684 Fair Market Value by 3%. This valuation gap offers $69,684 in Instant Equity for buyers. Featuring a Condition Rating of 5, the building requires a full renovation, yet its 100% Vacancy and Panoramic Views provide a blank canvas for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to capitalize on a prime Nob Hill location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1253-1257 Mason Street Subject 8 bd · 3 ba · 3,705 sqft · $518 | $1,850,000* List Price | 8 | 3 | 3,705 | $518 | - |
A 1272-1276 Sacramento Street Pending 6 bd · 3 ba · 3,765 sqft · $611 · 0.2 mi | $2,300,000 List Price | 6 | 3 | 3,765 | $611 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1907 with no evidence of recent renovations, this property is marketed as a 'value-add' opportunity. Interior images show significant wear, including a hole in the ceiling and dated finishes, indicating a need for a full rehab of kitchens, bathrooms, and systems.
Delivered completely vacant, this triplex offers rare flexibility for owner-occupiers, TIC developers, or investors to immediately renovate or set market-rate rents without tenant relocation hurdles.
The property features stunning, unobstructed views of Coit Tower, the Transamerica Pyramid, Bay Bridge, and the Downtown skyline, providing a significant premium to the asset's value.
A large garage accommodating 2-3 cars is a high-value amenity in Nob Hill, with additional space that may allow for ADU development or further expansion subject to city approval.
As a value-add opportunity built in 1907, the property likely requires significant capital expenditure to modernize systems and finishes to meet contemporary luxury standards.
The compact 1,346 square foot lot size limits outdoor space and restricts the potential for horizontal expansion, common for high-density historic neighborhoods.
1253-1257 Mason Street presents a rare opportunity to acquire a completely vacant three-unit building in a prime Nob Hill location. The property is comprised of two three-bedroom flats and one two-bedroom flat, each occupying a full floor and offering spacious layouts with generously sized rooms. Delivered 100% vacant, the building offers tremendous flexibility for an owner-occupier, TIC developer, or investor seeking a value-add opportunity. The property enjoys stunning panoramic views spanning Coit Tower, the Transamerica Pyramid, Bay Bridge, Downtown skyline and the Bay. Period architectural details, bay windows and large-scale floor plans provide an attractive foundation for renovation, with the opportunity to create three distinctive residences that take full advantage of the building's size, character and views. A substantial garage provides parking for approximately two to three cars, along with additional space that may offer potential for expansion or other improvements, subject to City approval. With its complete vacancy, exceptional views, generous unit sizes, large garage and multiple potential exit strategies, the property represents a compelling opportunity to create significant value. Ideally situated in Nob Hill near the borders of Chinatown and North Beach, the property offers convenient access to some of San Francisco's most vibrant dining, shopping and cultural destinations. Jackson Square, Washington Square, North Beach, Chinatown and the Financial District are all within easy reach, providing a highly walkable and centrally located setting with convenient access to Downtown and the waterfront.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.6 |
| Baths | 3.0 | 4.0 |
| Square foot | 3,705 | 3,221.149 |
| Lot Size | 1,346 | 2,766.255 |
| Price | $1.85M | $2.13M |
| Price per sq ft | $499 | $697 |
| Built year | 1907 | 1925 |
| HOA | $0 | $0 |
| Days on market | 15 | 53 |
Oct 9, 2026
$1,850,000
Initial Listing