Multifamily
1437 Mason St
1437 Mason St, San Francisco, CA 94133
Listing Price: $1,388,000
Investment Overview
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
1437 Mason St
Investment Highlights
- Building permits have been issued, allowing a developer to bypass much of the entitlement risk and lengthy San Francisco planning timeline.
- The property sits in one of the city's most sought-after neighborhoods, within walking distance to North Beach, Polk Street, and the waterfront.
- The scope allows a buyer to transform a dated structure into a modern luxury residential property with strong resale or rental potential.
- Engineering plans include foundation upgrades and structural modernization, reducing unknowns during construction.
Exclusively Listed By
Listing Price: $1,388,000
Investment Highlights
- Building permits have been issued, allowing a developer to bypass much of the entitlement risk and lengthy San Francisco planning timeline.
- The property sits in one of the city's most sought-after neighborhoods, within walking distance to North Beach, Polk Street, and the waterfront.
- The scope allows a buyer to transform a dated structure into a modern luxury residential property with strong resale or rental potential.
- Engineering plans include foundation upgrades and structural modernization, reducing unknowns during construction.
Investment Overview
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
Exclusively Listed By
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