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3-Unit Apartment Building
New
For Sale
$1,850,000

1253-1257 Mason Street, San Francisco, CA 94108

All three residences are vacant, comprising two three-bedroom units and one two-bedroom unit.

Property Size3,705 SF
Days on Market6

Property Features for 1253-1257 Mason Street

General Information

Standard status Active
Size 3,705 SF
Property subtype Triplex

Units

Unit Mix 2 x 3BR, 1 x 2BR
Multifamily Units 3

Building Details

Building Size 3,705 SF
Year Built 1907
Buildings 1
Listing Agency: Compass
Listed By: Allison Chapleau · License #01369080
Source: Bonniespindler
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 13 at 1:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1907, this 3,705-square-foot building contains three residences, each occupying a full floor. The unit mix includes two three-bedroom flats and one two-bedroom flat. Bay windows and period architectural features contribute to the building’s character, while a garage provides parking for approximately two to three cars. The property is vacant throughout and offers views of Coit Tower, the Transamerica Pyramid, the Bay Bridge, downtown and the Bay.

The building is on Mason Street in Nob Hill, near Chinatown and North Beach. Jackson Square, Washington Square, the Financial District, dining, shopping and cultural destinations are within easy reach, as are downtown and the waterfront.

Key Highlights

  • Three vacant full‑floor residences: two three‑bedroom units and one two‑bedroom unit
  • 3,705 square feet; built in 1907
  • Garage parking for approximately two to three cars

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$131,674
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,633,480 $2.6M
Cap Rate 7%
$1,881,057 $1.9M
Cap Rate 9%
$1,463,044 $1.5M
Market Conditions
NOI Build-Up for 3,705 SF
Gross rent
$200.1K $54.00/SF
− Vacancy
−$12.0K −$3.23/SF
EGI
$188.1K $50.77/SF
− OpEx
−$56.4K −$15.23/SF
NOI
$131.7K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,633,480
Cap Rate 7%
$1,881,057
Cap Rate 9%
$1,463,044

Alternative Uses

Best Use
Multifamily LT 5
$1.88M
$1.65M – $2.19M (±1% cap)
NOI $131,674 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,290 @ 7.0% cap · market cap 6.50%
Theoretical Best
Specialty Retail
$18.10M
$15.84M – $21.11M (±1% cap)
NOI $1,266,818 @ 7.0% cap · market cap 68.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Buffet Clothing & Fashion Store Carpet & Flooring Store Adult Day Care Pet Grooming Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

23,025
Businesses Nearby

Demographics for 94108, CA

13,097
Population
7,730
Households
1.7
Avg Household Size
42
Median Age
45%
College-Educated
76%
High-School Grad
0.3 sq mi
ZIP Area
43,657
Density / Sq Mi
$63,864
Median Household Income
$53,617
Median Earnings
$1,562
Median Rent
$1,207,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - All three residences are vacant, comprising two three-bedroom units and one two-bedroom unit.
Where is this triplex located?
The property is located at 1253-1257 Mason Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Three vacant full‑floor residences: two three‑bedroom units and one two‑bedroom unit; 3,705 square feet; built in 1907; Garage parking for approximately two to three cars
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