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.
Property Details
Price:
$1,995,000
MLS #:
ML82006058
Status:
Active
Baths:
0
Address:
15241526 Irving Street
Type:
Residential Income
Subtype:
Mixed Use
City:
San Francisco
Listed Date:
May 8, 2025
State:
CA
ZIP:
94122
Lot Size:
2,500 sqft / 0.06 acres (approx)
Year Built:
1922
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Schools
Interior
Accessibility Features
None
Appliances
Gas Cooktop, Dishwasher, Vented Exhaust Fan, Microwave
Cooling
None
Flooring
Wood, Laminate, Tile
Heating
Fireplace(s), Floor Furnace
Exterior
Foundation Details
Slab
Garage Spaces
0.00
Parking Spots
0.00
Roof
Composition, Flat
Sewer
Public Sewer
Stories Total
2
View
City Lights
Water Source
Public
Financial
Taxes
$24,325
Map
Community
- Address15241526 Irving Street San Francisco CA
- CitySan Francisco
- CountySan Francisco
- Zip Code94122
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15241526 Irving Street
San Francisco, CA
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