1524-1526 Irving Street, San Francisco, CA 94122

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Ismael Benhamida • Compass

$1,995,000

Est. payment - /mo

3,270 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $610

MLS Listing ID ML82006058

HOA Y/N No

Year Built 1922

Lot Size 2,500 Sqft

Property Sub-Type OTHER

Source Datashare MLSListings

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

Interior

Heating Natural Gas

Cooling No Air Conditioning

Flooring Hardwood, Laminate, Tile

Fireplace No

Exterior

View City Lights

Schools

School District San Francisco Unified, San Francisco Unified

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1524-1526 Irving Street San Francisco, CA 94122

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Schools

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