1524 Irving Street

San Francisco, CA, 94122

$2,388,000

$730 per ft²
$2,388,000
$730 per ft²
Active
Active
 - For Sale
beds
2 Beds
carpenters-square
3,270 ft²
property_type
Multi-family
calendar
Built 1922
Wonderful two-unit mixed-use property in the Inner Sunset, with no rent control. Pride of ownership location. Located one block from Golden Gate Park, and one mile from UCSF. The ground floor is occupied by Sushi Goemon, a well-known Japanese restaurant, which has been at this location for 40+ years. The second floor is a fully renovated massive 6-room, residential flat which is vacant with no rent control. It has a new kitchen and bathrooms with cabinets, countertops, stainless appliances, doors, new flooring, and paint. The 2-Bed/2-Bath residential flat has a living room, dining room, and a spacious family room that leads onto a large, outdoor patio. A 5-year lease commenced in August 2022 for Sushi Goemon with rent of $7,000 per month and annual CPI increases. CAP Rate = 5.15% and GRM = 15.31. Excellent opportunity for both the cash flow & appreciation minded investor. Offering memorandum available. Note: Virtually staged.
MLS® ID:
ML81917504
Listed:
1/29/23
Updated:
3/20/23

Interior Features

Total Bedrooms
2
Total Bathrooms
0
Floor Description
Hardwood, Laminate, Tile
Cooling
No Air Conditioning
Heating
Natural Gas

Exterior/Building Features

Lot Size
2,500 ft² lot
Exterior Features
Back Yard
Lot Details
Regular

School Information

High School
San Francisco Unified

Other Property Details

Area Name
Inner Sunset
Garage
No
Parking
N
View
Y
County
San Francisco
Pool
No
Zoning
NC2
Buyer Agency Compensation
2.00

Courtesy of Ismael Benhamida with Compass
Listing Contact:  

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