CA > San Francisco
San Francisco, CA 94122,1524-1526 Irving ST
San Francisco, CA 94122,1524-1526 Irving ST
San Francisco, CA 94122,1524-1526 Irving ST
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Steven Gary

Steven Gary

+1(408) 644-3287
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

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

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Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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1524-1526 Irving ST

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