1524 Irving ST

SAN FRANCISCO, CA, 94122

$2,388,000

$730 per ft²
$2,388,000
$730 per ft²
Active
Active
 - For Sale
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
Updated:
3/27/23

Interior Features

Kitchen Features
Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Hookups Only
Floor Description
Hardwood, Laminate, Tile
Cooling
None
Heating
Fireplace, Floor Furnace, Gas

Exterior/Building Features

Lot Size
2,500 ft² lot
Lot Details
Grade - Gently Sloped, Regular
Roof
Composition, Flat / Low Pitch
Sewer
Sewer - Public

Other Property Details

Area Name
25147
Garage
Yes
Parking
On Street
View
Y
County
San Francisco
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Public
Pool
Yes
Total Stories
2
Zoning
NC2

Courtesy of Compass, Ismael Benhamida,
Listing Contact: 408-373-6195 

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Data last updated 4:46 PM UTC, 3/27/23

 

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