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Listed by Dustin Dolby Colliers International
$1,980,000
Est. payment /mo
7 Beds
4,998 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 4,998 sqft
Price per Sqft $396
MLS Listing ID 424079908
Bedrooms 7
HOA Y/N No
Year Built 1908
Lot Size 2,099 Sqft
Acres 0.0482
Property Sub-Type Mixed Use
Property Description
1857 Mason Street, an 8-unit mixed-use property ideally situated on the corner of Filbert & Mason Streets in North Beach. Known for its cultural landmarks, cafes, and popular destinations blocks away like Washington Square Park and Coit Tower, North Beach attracts both locals and tourists alike, creating strong foot traffic and a dynamic urban environment. This building is well-positioned to benefit from nearby transit, as well as lively retail and dining scenes that draw stead crowds year-round, making it an appealing site for both residential and commercial tenants. The property consists of seven (7) 1 BD / 1 BA units and one (1) ground-floor commercial unit. The units feature hardwood floors, large closets, and ample natural light. The building is separately metered for gas & electricity. The building is also in compliance with the San Francisco Soft-Story Retrofit Ordinance. 1857 Mason Street presents strong rental income potential and consistent cash flow. The building's mixed-use component provides income diversification through both residential and commercial tenants. Additionally, the property has significantly below market-rate rents, leaving roughly 100% upside in the rents for the next property owner.
Location
State CA
County San Francisco
Area Sf District 8
Interior
Flooring Wood
Fireplace No
Window Features Bay Window(s),Skylight(s)
Appliance Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop
Laundry Other
Exterior
Roof Type Composition
Building
Lot Description Sidewalk
Foundation Concrete
Level or Stories Three Or More
New Construction No
Others
Tax ID 0100001
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