
San Francisco, CA 94133
This 1913 mixed-use property represents a Strong Value Opportunity, listed at a List Price of $3,100,000—positioned well below the $3,353,995 Fair Market Value by 7%. This valuation gap provides $253,995 in Instant Equity. With a Fair Condition Rating, the asset offers significant rental upside through modernization of its eight residential units and commercial space. Located in the supply-constrained Nob Hill neighborhood, this is a premier acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term cash flow growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1401-1411 Mason Street Subject | $3,100,000* List Price | 15 | 0 | 9,510 | $353 | - |
A 702-712 Vallejo Street Active | $3,600,000 List Price | 0 | 0 | 12,000 | $300 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, the property is well-maintained but dated. Interior photos show kitchens with cabinetry and appliances likely 20-30 years old. The listing explicitly mentions 'value-add opportunity' and 'rental upside,' indicating the need for modernization to achieve market rates.
Situated on a prominent corner in one of San Francisco’s most iconic and supply-constrained neighborhoods, offering high tenant demand and proximity to major employment hubs like the Financial District.
The presence of several long-term tenants provides a substantial value-add opportunity to capture market-rate rents and increase the overall capitalization rate over time.
The property features a versatile mix of eight residential units, a ground-floor commercial space, and tandem parking, providing a stable and multifaceted income profile for investors.
Built in 1913, the property likely requires significant capital expenditures for seismic retrofitting or modernizing aging mechanical, electrical, and plumbing systems common in century-old structures.
San Francisco's strict rent control ordinances may limit immediate cash flow growth, as the realization of the property's full upside potential is dependent on tenant turnover.
1401-1411 Mason Street presents the opportunity to acquire a well-located mixed-use investment property in the heart of Nob Hill, one of San Francisco's most iconic and supply-constrained neighborhoods. Built in 1913, the property consists of seven (7) two-bedroom, one-bath units, one (1) one-bedroom, one-bath unit, one (1) commercial unit, and two (2) parking (tandem) spaces across approximately 9,510 square feet. Positioned on the corner of Mason and Pacific Avenue, the property benefits from excellent natural light, expansive neighborhood views, and classic San Francisco architectural character. Residential units feature hardwood flooring, bay windows, spacious layouts, and built-in cabinetry, while select units offer updated kitchens and baths. The building also includes three (3) vacant owner storage units, providing additional utility and flexibility for ownership. The asset offers a highly attractive value-add opportunity with substantial rental upside potential. Several long-term tenants create the opportunity to significantly increase income over time while maintaining strong in-place cash flow. The inclusion of a ground-floor commercial space further diversifies the income stream and enhances the property's long-term investment profile. Located just blocks from Polk Street, Chinatown, North Beach, and the Financial District, 1401-1411 Mason Street provides residents with immediate access to some of San Francisco's best dining, retail, nightlife, and public transportation options. With its premier Nob Hill location, strong unit mix, classic architecture, and meaningful upside potential, the property represents a compelling long-term investment opportunity in one of the city's most desirable rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 15.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 9,510 | - |
| Lot Size | 3,600 | - |
| Price | $3.10M | $2.61M |
| Price per sq ft | $326 | $489 |
| Built year | 1913 | 0 |
| HOA | $0 | $0 |
| Days on market | 43 | 169 |
Jun 9, 2026
$3,100,000
Initial Listing