Listing provided courtesy of Colliers InternationalMLS# 424079908MLS Provider
  • 594 days on site
  • 0 views

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.

Source: San Francisco MLS, MLS#: 424079908

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  • Property Type
    Residential Income
  • Lot
    0.05 acres

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  • Median Age
    46
  • Population Density
    26,800
  • College Educated
    53%
  • Estimated Median Income
    $68,423
  • Estimated Total Home Owners
    2,137
  • Estimated Total Renters
    11,110
  • Owner / Renter Divide
    16% / 84%
  • Estimated Average Household Size
    2
  • Total Population
    26,930
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1857 Mason Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/27/2025Source: San Francisco MLS Status Change
Pending
1/2/2025Source: San Francisco MLS Status Change
Contingent - No Show
12/11/2024Source: San Francisco MLS Added to Database
December 11, 2024
12/11/2024Source: San Francisco MLS Added to Database
December 11, 2024