$700,000
SOLD FEB 3, 2025

720 Masonic Ave San Francisco, CA 94117

North of the Panhandle Neighborhood
0.07 Acre
$10,000,000 Price per Acre
3,051 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

12% Below List Price

75 Days on Market

Highlights

  • Property is Fully Fenced
  • New Traditions Elementary School Rated A
  • 4-minute walk to The Panhandle

About This Lot

As of February 2025

Seize the chance to own a vacant RH-2 lot in one of San Francisco's most desirable neighborhoods. This exceptional property offers endless possibilities for developers, investors, or those ready to build their dream home in the heart of the city. With vacant land in San Francisco becoming increasingly rare, this property offers a unique and valuable development opportunity. Whether you're looking to build or invest, this lot holds endless possibilities in one of the city's most sought-after locations. The former building suffered catastrophic fire damage in 2023 and SF Building guidelines offer special programs for fast approval for rebuilding in like kind. Or take it to the next level and maximize size and unit count (consult with SF building for guidelines).

Last Agent to Sell the Property

Matt Francis

Vanguard Properties License #01424064 Listed on: 11/06/2024

Vanguard Properties

Last Buyer's Agent

Kevin Chin, CCIM

SVN/Pacific Commercial Advisor License #00696127

SVN/Pacific Commercial Advisor

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,278

Lot Details

  • 3,051 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Property is zoned RH-2, Multi-Residential

Utilities

  • Natural Gas Connected

Community Details

  • 720 722 Masonic HOA

Listing and Financial Details

  • Assessor Parcel Number 1197-086

Property Details

Property Type

Land

Est. Annual Taxes

$10,278

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Lot
  • Directions To Property: Property is located on east side of Masonic just south of Grove St.
  • Lot Size Acres: 0.0700
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Special Features: None

Exterior Features

  • Fencing: Full, Wood

Utilities

  • Electric: Electric Available
  • Sewer: Public Sewer, Sewer Connected
  • Utilities: Natural Gas Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: 720-722 Masonic HOA

Lot Info

  • Assessor Parcel Number: 1197-086
  • Lot Size Sq Ft: 3051.00
  • CurrentUse: Multi-Family, Residential
  • DevelopmentStatus: See Remarks
  • Irrigation: Public District
  • NumberOfLots: 1
  • Zoning Description: Multi-Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Dunn Harold Crockett
Bought by
Dunn H Crockett and The Dunn Trust
Current Estimated Value
$805,532

Purchase Details

Closed on
Jun 18, 2018
Sold by
Blaine Linda Lou and Fraser Douglas R
Bought by
Minor John Hw and Minor Emeline G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,386,639
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$581,107

Purchase Details

Closed on
Mar 27, 2008
Sold by
Blaine Linda Lou and Fraser Douglas R
Bought by
Blaine Linda Lou and Fraser Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 1999
Sold by
Douglas Blaine Linda L Fraser
Bought by
Fraser Douglas and Blaine Linda Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 1994
Sold by
Toll Christopher C
Bought by
Blaine Linda Lou

Purchase Details

Closed on
Sep 24, 1993
Sold by
Blaine Marjorie J
Bought by
Blaine Linda Lou and Fraser Douglas
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,000,000 Old Republic Title Co
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $436,500 Commercial
Previous Owner $104,000 Credit Line Revolving
Previous Owner $460,000 Commercial
Previous Owner $392,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $250,000 Credit Line Revolving
Previous Owner $242,600 Commercial
Previous Owner $80,000 Credit Line Revolving
Previous Owner $244,000 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $257,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $700,000 0.0% $229 / Sq Ft
12/31/2024 12/31/24 Off Market $700,000 -- --
11/06/2024 11/06/24 For Sale $799,000 -- $262 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,278 $350,000 $350,000 --
2024 $10,278 $810,000 $810,000 --
2023 $26,361 $2,187,284 $1,531,101 $656,183
2022 $25,866 $2,144,398 $1,501,080 $643,318
2021 $25,408 $2,102,353 $1,471,648 $630,705
2020 $25,560 $2,080,798 $1,456,559 $624,239
2019 $24,679 $2,040,000 $1,428,000 $612,000
2018 $1,711 $139,127 $57,918 $81,209
2017 $1,691 $136,399 $56,782 $79,617
2016 $1,631 $133,725 $55,669 $78,056
2015 $1,609 $131,717 $54,833 $76,884
2014 $1,808 $129,137 $53,759 $75,378
Source: Public Records

Agents Affiliated with this Home

  • Matt Francis

    Seller's Agent in 2025

    Matt Francis

    Vanguard Properties

    (415) 728-1641

    2 in this area

    58 Total Sales

    Matt Francis
    Section Image
  • Kevin Chin, CCIM

    Buyer's Agent in 2025

    Kevin Chin, CCIM

    SVN/Pacific Commercial Advisor

    (415) 922-2900

    2 in this area

    14 Total Sales

    Kevin Chin, CCIM
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 424078166

Bay Area Real Estate Information Services (BAREIS)

APN: 1197-021

California San Francisco County San Francisco 94117 North of the Panhandle

720 Masonic Ave, San Francisco, CA

This home is located at 720 Masonic Ave, San Francisco, CA 94117 and is currently priced at $700,000, approximately $229 per square foot. 720 Masonic Ave is a home located in San Francisco County with nearby schools including New Traditions Elementary School, Roosevelt Middle School, and San Francisco Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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