
San Francisco, CA 94133
Analysis of 1437 Mason Street, San Francisco, CA 94133 is currently available with a list price of $1,388,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
This property is explicitly described as a 'contractor's special' and is currently non-habitable. Built in 1907, it requires a complete structural and interior overhaul, including a new foundation and seismic improvements. There are no functional kitchens, bathrooms, or modern systems present in its current state, necessitating a full gut renovation as indicated by the provided permits and project description.
Situated in one of San Francisco's most prestigious and supply-constrained neighborhoods, this property offers exceptional long-term appreciation potential and high tenant demand.
The sale includes fully approved permits for a comprehensive renovation, allowing a buyer to bypass the lengthy and costly San Francisco entitlement process and begin construction immediately.
Beyond the existing duplex plans, the RM-2 zoning and lot configuration provide a rare opportunity to potentially add three additional units to the front of the property, maximizing density and ROI.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1330, other record living area = 1794.
As a 'contractor's special,' the property requires a complete structural and interior overhaul, which demands significant additional capital investment and construction expertise.
The asset is currently non-habitable and will generate zero rental income during the construction phase, requiring the investor to carry all holding costs until completion.
Located in the heart of Russian Hill, one of San Francisco's most desirable and supply-constrained residential neighborhoods, 1437 Mason Street presents a rare opportunity to acquire a fully permitted renovation project with significant upside. The property consists of a two-unit residential building originally constructed in 1907, situated on a 2,750 square foot lot in the RM-2 zoning district. The project has already secured approvals and permits through the San Francisco Department of Building Inspection, allowing a buyer to immediately move forward with construction and reposition the asset into a modern, high-end residential property. The approved plans call for a comprehensive redevelopment of the existing structure while maintaining the building envelope. The project includes: Complete interior reconfiguration of both residential units, New structural foundation and seismic improvements, Conversion of basement space into functional living area, Removal and replacement of existing stair systems, Full facade upgrades and exterior improvements, New roof deck elements and modernized architectural features. Upon completion, the project will deliver two redesigned residential units with modern layouts, updated systems, and enhanced outdoor space. Permits in hand for the follow unit mix: One (3) bed (3) bath - UPSTAIRS One (1) bed (1.5) bath - DOWNSTAIRS. Also potential to add 3 units to the front part of the property. Contractor's special
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 6.0 | 14% |
| Baths | 8.0 | 4.0 | 86% |
| Square foot | 1,330 | 3,852 | 14% |
| Lot Size | 2,750 | 1,707.55 | 71% |
| Price | $1.39M | $3.15M | 14% |
| Price per sq ft | $1.0K | $944 | 71% |
| Built year | 1907 | 1910 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 123 | 14% |
Mar 1, 2026
$1,388,000
Initial Listing
Mar 22, 2024
$1,129,000
Public Record