Property Description
1524 Irving Street is a wonderful two-unit mixed-use property located in San Francisco's Inner Sunset District. The property is situated on a 2,500-square-foot lot and has a rentable area of approximately 3,270 square feet consisting of Sushi Goeman Restaurant on the ground floor and a renovated two-bedroom/two-bathroom residential unit on the second floor that can be used as a rental unit, or an excellent owner-user opportunity. The residential unit has a brand new kitchen and bathrooms, new cabinets, countertops, stainless appliances, paint, and doors.
The current rent on the ground floor is $7,000 per month and a new 5-year lease agreement was just signed in August 2022. Rent for the restaurant can be increased annually per the consumer price index for San Francisco. The second floor is a large residential flat that is vacant and rent-ready, with no San Francisco rent control. Located in the Inner Sunset, one block from Golden Gate Park and UCSF, 1524 Irving Street is a pride of ownership asset for both the cash flow and appreciation
minded investor.
Turn Key and Remodeled Single Family Home Alternative With Income Stream.