720 Masonic Ave San Francisco, CA 94117
North Park Neighborhood
0.07
Acre
$10,000,000
Price per Acre
3,051
Sq Ft Lot
Highlights
- Property is Fully Fenced
- New Traditions Elementary School Rated A
- 4-minute walk to The Panhandle
About This Lot
As of February 2025Seize 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).
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,278
Year Built
- 1912
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
Map
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Home Values in the Area
Average Home Value in this Area
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
| 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 |
|---|---|---|---|---|
| 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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $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
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| 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
Similar Property in San Francisco, CA
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 424078166
APN: 1197-021
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Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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