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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 Type(s):
Residential Income
| Last Updated | 5/8/2025 | Year Built | 1922 |
|---|---|---|---|
| County | San Francisco |
SCHOOLS
| School District | San Francisco Unified |
|---|
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Cooktop, Microwave, Vented Exhaust Fan |
| HEAT | Fireplace(s), Floor Furnace |
| LOT | 2500 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 24325 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
| WATER | Public |
| ZONING | NC2 |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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