15241526 Irving Street, San Francisco, CA 94122

  • $1,995,000
15241526 Irving Street, San Francisco, CA 94122
Active
15241526 Irving Street, San Francisco, CA 94122
15241526 Irving Street, San Francisco, CA 94122
  • $1,995,000

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.

  • Address 15241526 Irving Street
  • City San Francisco
  • State/county CA
  • Zip/Postal Code 94122

Details

Updated on June 6, 2025 at 6:21 am
  • Property ID: ML82006058
  • Price: $1,995,000
  • Property Size: 3270
  • Land Area: 0.0574 Acres
  • Garage Size: x x
  • Year Built: 1922
  • Property Type: Mixed Use, Residential Income
  • Property Status: Active

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  • Hoyt Hochman