Sold

1524-1526 Irving Street, San Francisco, CA 94122

Sqft
3,270

View property features, location on map, relevant school information and overview from seller's agent.

Listed byCompass
  • 3
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Overview

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

Full feature list

Basic info

Square feet
3,270
Lot size (acres)
0.06
Year built
1922

Utilities

Heating
Natural gas, Fireplace(s), Floor furnace
Cooling
None
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$8,476

Taxes

Tax Annual Amount
$24,325

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82006058 Last checked:

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