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Multifamily

1717 Mason St

1717 Mason St, San Francisco, CA 94133

Listing Price: $8,500,000

Cap Rate
4.90%
Number of Units
8
GRM
12.91
Occupancy
97.0%
Price/Unit
$1,062,500
Price/Gross SF
$862.07
Gross SF
9,860

Investment Overview

1717 Mason Street is must-see property located in San Francisco’s prestigious Russian Hill neighborhood. This fantastic 8-unit property consists of four 3-bedroom, two 2-bedroom and two 1-bedroom units. Five of the units have been remodeled to luxury standards and all units have spectacular San Francisco views.

Russian Hill is one of the most desirable neighborhoods in the city. This affluent area is known for views and the proximity to shopping, restaurants and bars in North Beach, Upper Polk Street and Union Street. Fort Mason, Aquatic Park, Fisherman’s Wharf, Ghirardelli Square, and multiple parks are within a short walking distance.

1717 Mason is a special property. In addition to many attractive touches within the spacious units, there is a wonderful English-style garden and a panoramic roof deck. There is a vacant two car parking garage as well. The remodeled units have been exquisitely updated and include many amenities such as dishwashers, washer/dryers, professional level ranges, high-end refrigerators, imported marble throughout and other individual touches that stand out. These units will be delivered vacant.

This wood-frame property (APN 0119-007) was built in 1927 and measures 9,860 square feet. There are separate gas and electric meters as well as a 400-amp electrical service. The seismic soft story work was completed in 2019. 1717 Mason has terrific potential as an owner-user property, a family compound, or urban hideaway.

In addition,1717 Mason offers multiple strong revenue generating options as a high income, low maintenance, low capital expense property. Unit 6 and unit 7 are registered with the city of San Francisco’s Intermediate Long Term Occupancy program which allows for tremendous flexibility.

1717 Mason is one of the most desirable assets in San Francisco. A must-see!

Investment Highlights

  • Trophy Russian Hill Location
  • Five Units Remodeled to a Luxury Standard
  • Excellent Owner- User Potential
  • A Low Maintenance and Low Capital Expense Property

Exclusively Listed By

Multifamily

1717 Mason St

Listing Price: $8,500,000

Cap Rate
4.90%
Number of Units
8
GRM
12.91
Occupancy
97.0%
Price/Unit
$1,062,500
Price/Gross SF
$862.07
Gross SF
9,860

Investment Highlights

  • Trophy Russian Hill Location
  • Five Units Remodeled to a Luxury Standard
  • Excellent Owner- User Potential
  • A Low Maintenance and Low Capital Expense Property

Investment Overview

1717 Mason Street is must-see property located in San Francisco’s prestigious Russian Hill neighborhood. This fantastic 8-unit property consists of four 3-bedroom, two 2-bedroom and two 1-bedroom units. Five of the units have been remodeled to luxury standards and all units have spectacular San Francisco views. Russian Hill is one of the most desirable neighborhoods in the city. This affluent area is known for views and the proximity to shopping, restaurants and bars in North Beach, Upper Polk Street and Union Street. Fort Mason, Aquatic Park, Fisherman’s Wharf, Ghirardelli Square, and multiple parks are within a short walking distance. 1717 Mason is a special property. In addition to many attractive touches within the spacious units, there is a wonderful English-style garden and a panoramic roof deck. There is a vacant two car parking garage as well. The remodeled units have been exquisitely updated and include many amenities such as dishwashers, washer/dryers, professional level ranges, high-end refrigerators, imported marble throughout and other individual touches that stand out. These units will be delivered vacant. This wood-frame property (APN 0119-007) was built in 1927 and measures 9,860 square feet. There are separate gas and electric meters as well as a 400-amp electrical service. The seismic soft story work was completed in 2019. 1717 Mason has terrific potential as an owner-user property, a family compound, or urban hideaway. In addition,1717 Mason offers multiple strong revenue generating options as a high income, low maintenance, low capital expense property. Unit 6 and unit 7 are registered with the city of San Francisco’s Intermediate Long Term Occupancy program which allows for tremendous flexibility. 1717 Mason is one of the most desirable assets in San Francisco. A must-see!

Exclusively Listed By

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