
San Francisco, CA 94133
This Vacant North Beach Triplex is a high-capacity residential asset with a List Price of $2,680,000, positioned with stability relative to its $2,560,000 Fair Market Value. The property maintains a Condition Rating of 3, featuring updated interiors with stone countertops and 11 bedrooms across a massive 4,140 sqft footprint. Delivered entirely vacant, it eliminates tenant-related complexities while offering a garage and basement with bonus rooms near the Financial District, John Yehall Chin Elementary (9/10), and Lowell High School (10/10). This is a premier choice for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey San Francisco staple.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2118-2122 Mason Street Subject | $2,680,000* List Price | 11 | 0 | 4,140 | $618 | - |
A 2118-2122 Mason Street Active | $2,280,000 List Price | 11 | 0 | 4,140 | $551 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained throughout. Although originally built in 1907, the units have undergone updates including laminate flooring, stone countertops, and functional oak-style cabinetry. The kitchens feature clean, functional white appliances and tile flooring. While the styling is not a high-end modern renovation, the overall condition shows minimal wear and tear, suggesting systems and finishes are within their expected lifespan and do not require immediate rehabilitation.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property is delivered entirely vacant, providing a rare and significant advantage in San Francisco by allowing immediate market-rate leasing or owner-occupancy without tenant-related legal complexities.
Situated in a highly walkable and iconic neighborhood, the property offers exceptional proximity to the Financial District, Chinatown, and Telegraph Hill landmarks, ensuring high tenant demand.
Built in 1907, the property may require ongoing capital expenditures for vintage systems and potential seismic retrofitting common with buildings of this age.
The 1,610 square foot lot is largely occupied by the building footprint, leaving very little to no private yard or outdoor recreational space for tenants.
The $2.68M price point represents a significant capital requirement, which may challenge the initial cash-flow yields for investors in a high-interest-rate environment.
Welcome to this well-maintained three-unit property located at San Francisco's North Beach. This triplex offers endless possibilities to owner-occupiers and investors. Each unit is brimming with natural light and built for flexible living. Garage and basement offer bonus rooms! Amazing location, close to Chinatown, Financial District and the landmarks in Telegraph Hills. No tenants, owner-occupied. The triplex to be delivered vacant.
No exterior & parking available.
Grades 1-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 11.0 | 6.0 | 86% |
| Baths | 0.0 | 3.0 | 14% |
| Square foot | 4,140 | 4,061 | 57% |
| Lot Size | 1,610 | 1,610 | 50% |
| Price | $2.68M | $3.15M | 43% |
| Price per sq ft | $647 | $818 | 29% |
| Built year | 1907 | 1910 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 139 | 71% |
Nov 6, 2025
$2,680,000
Initial Listing