Homes for sale - 1524-1526 Irving ST, San Francisco, CA 94122

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Ismael Benhamida • Compass

$1,995,000

Est. payment - /mo

3 Beds

2 Baths

3,270 SqFt

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UPDATED:

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

Originating Board MLSListings, Inc.

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

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

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 1734-017A

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1524-1526 Irving ST San Francisco, CA 94122

JLee Broker

Key Details

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Rooms

Interior

Exterior

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