Property Details
About this Property
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 Listing Information
MLS #
ML81917504
MLS Source
MLSListings, Inc.
Days on Site
124
Buyer's Brokerage Compensation*
2.00%
Interior Features
Kitchen
Countertop - Stone, Exhaust Fan
Appliances
Cooktop - Gas, Dishwasher, Exhaust Fan, Microwave, Oven Range - Gas
Flooring
Hardwood, Laminate, Tile
Laundry
Hookups Only
Cooling
None
Heating
Fireplace, Floor Furnace, Gas
Exterior Features
Roof
Composition, Flat
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
On Street, Garage: 0 Car(s)
Elementary District
San Francisco Unified
High School District
San Francisco Unified
Sewer
Public Sewer
Water
Public
Zoning
NC2
Contact Information
Listing Agent
Ismael Benhamida
Compass
License #: 01722847
Phone: (408) 373-6195
Co-Listing Agent
Hanna John Azar
Compass
License #: 02005698
Phone: (415) 875-0177
Nearby Homes for Sale
1524 Irving St is a Residential Income in San Francisco, CA 94122. This 3,270 square foot property sits on a 2,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,388,000 and was built in 1922. This address can also be written as 1524 Irving St, San Francisco, CA 94122.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 09, 2023. For the most current information, please contact Ismael Benhamida, (408) 373-6195
