1524-1526 Irving ST new Save Request In-Person Tour Request Virtual Tour
San Francisco,CA 94122
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 3,270 sqft
Price per Sqft $610
MLS Listing ID ML82006058
Bedrooms 3
Full Baths 2
Year Built 1922
Lot Size 2,500 Sqft
Property Sub-Type Multiple Dwellings / Structures
Property Description
Wonderful two-unit mixed-use property in the Inner Sunset. Pride of ownership location, the property is 1 block to Golden Gate Park, and 1 mile to UCSF. The ground floor is occupied by a Japanese restaurant, which has been at this location for 50+ years. The second floor is a massive 3-bedroom/2-bathroom unit that is currently occupied collecting $5,470 a month, and benefits from an exemption of San Francisco's Rent Ordinance increase limitations. The residential flat was recently renovated and includes a living room, dining room, and a spacious family room that leads onto a large, outdoor patio. The restaurant has a new 5-year lease that began August 2022. Rent for the restaurant is $7,693 per month, and can be increased annually per the local consumer price index. Great cap rate of 6.01% and GRM of 12.63. 1524 Irving Street represents a pride of ownership asset for investors seeking reliable monthly income, long-term tenant stability, and appreciating value in one of San Francisco's most resilient neighborhoods.
Location
State CA
County San Francisco
Area 2 - Inner Sunset
Zoning NC2
Rooms
Other Rooms Laundry Room,Storage
Kitchen Cooktop - Gas,Countertop - Stone,Dishwasher,Exhaust Fan,Microwave,Oven Range - Gas
Interior
Heating Fireplace ,Floor Furnace ,Gas
Cooling None
Flooring Hardwood,Laminate,Tile
Laundry Hookups Only
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters,Individual Gas Meters
View City
Roof Type Composition,Flat / Low Pitch
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 1734-017A
Miscellaneous High Ceiling ,Vaulted Ceiling
Security Features Controlled / Secured Access
Horse Property No
Special Listing Condition Not Applicable