Bought with Don Orason • Intero Real Estate Services
$2,000,000
$1,995,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
3,270 SqFt
SOLD DATE : 09/29/2025
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Sold
Purchase Type For Sale
Square Footage 3,270 sqft
Price per Sqft $611
MLS Listing ID ML82006058
Sold Date 09/29/25
Bedrooms 3
Full Baths 2
Year Built 1922
Lot Size 2,500 Sqft
Property Sub-Type Multiple Dwellings / Structures
Property 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.
Location
State CA
County San Francisco
Area 2 - Inner Sunset
Zoning NC2
Rooms
Other Rooms Laundry Room, Storage
Kitchen Cooktop - Gas, Countertop - Stone, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas
Interior
Heating Fireplace , Floor Furnace , Gas
Cooling None
Flooring Hardwood, Laminate, Tile
Laundry Hookups Only
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
View City
Roof Type Composition,Flat / Low Pitch
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 1734-017A
Security Features Controlled / Secured Access
Horse Property No
Special Listing Condition Not Applicable
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