616 Masonic Avenue, San Francisco, CA 94117, San Francisco, 94117 - 5 bed, bath

616 Masonic Avenue, San Francisco, CA 94117 home-pic-0
ACTIVE$1,888,000$3,965/sqft
616 Masonic Avenue, San Francisco, CA 94117
5Beds
0Bath
3,965Sqft
2,495.99Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: As a duplex, this property offers significant potential for rental income, appealing to investors or owner-occupiers looking to offset mortgage costs in a high-demand market.
Top Cons:
Historic Property Age: Built in 1919, the property's age suggests potential for outdated infrastructure, including plumbing, electrical, and heating systems, which may require significant capital expenditure for modernization.

Compared to the nearby listings

Price:$1.89M vs avg $1.91M ($-26,000)50%
Size:3,965 sqft vs avg 3,712.5 sqft57%
Price/sqft:$476 vs avg $51543%

More Insights

Built in 1919 (107 years old).
Condition: Built in 1919, this property is over 100 years old. Without any visual evidence (images are unavailable) or specific details of recent major renovations, and with the listing's own analysis highlighting 'potential for outdated infrastructure' and 'deferred maintenance,' it is highly likely that the property requires substantial repairs and rehabilitation, particularly concerning plumbing, electrical, and heating systems, to meet contemporary standards and safety requirements.
Year Built
1919
Close
-
List price
$1.89M
Original List price
-
Price/Sqft
$476
HOA
$0
Days on market
-
Sold On
-
MLS number
426095571
Home ConditionPoor
Features
View-

About this home

J
Jason Tam
Listing Agent
Condition Rating
Poor

Built in 1919, this property is over 100 years old. Without any visual evidence (images are unavailable) or specific details of recent major renovations, and with the listing's own analysis highlighting 'potential for outdated infrastructure' and 'deferred maintenance,' it is highly likely that the property requires substantial repairs and rehabilitation, particularly concerning plumbing, electrical, and heating systems, to meet contemporary standards and safety requirements.
Pros & Cons

Pros

Income-Generating Duplex: As a duplex, this property offers significant potential for rental income, appealing to investors or owner-occupiers looking to offset mortgage costs in a high-demand market.
Prime San Francisco Location: Situated on Masonic Avenue in San Francisco's desirable 94117 zip code, the property benefits from a central and sought-after location with strong appreciation potential.
Exceptional Square Footage: With 3965 sqft, this property offers a remarkably spacious living area for San Francisco, providing ample room for residents or flexible unit configurations.
No Association Fees: The absence of association fees is a notable advantage, reducing the ongoing monthly carrying costs for the property owner.
High Bedroom Count: The property features 5 bedrooms, offering versatility for larger families or the potential to maximize rental income across multiple units.

Cons

Historic Property Age: Built in 1919, the property's age suggests potential for outdated infrastructure, including plumbing, electrical, and heating systems, which may require significant capital expenditure for modernization.
Limited Lot Size: The lot size of 2495.99 sqft is relatively modest for a property of this interior square footage, potentially limiting outdoor living space and landscaping opportunities.
Potential for Deferred Maintenance/Updates: Without specific details on recent renovations or upgrades, the property may require substantial investment to meet contemporary standards and buyer expectations, given its age.
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