1524 Irving Street is an exceptional two-unit mixed-use property located in San Francisco's highly sought-after Inner Sunset District. The property is situated on a 2,500-square-foot lot and offers approximately 3,270 square feet of rentable area, featuring Sushi Goeman Restaurant on the ground floor and a renovated three-bedroom, two-bathroom residential unit on the second floor.
The upstairs residence has recent renovations including a new kitchen, new cabinets, quartz countertops, and steel appliances. The unit also features two newly remodeled bathrooms, fresh paint throughout, new interior doors, and a private outdoor patio surrounded by new fencing.
The ground floor is occupied by Sushi Goeman Restaurant, a neighborhood institution that has maintained its location since the 1970s—demonstrating exceptional tenant stability. The current commercial rent is $7,693 per month with annual CPI-based increases allowed per the lease terms, providing built-in inflation protection for investors. The second-floor residential unit is currently occupied and benefits from an exemption from San Francisco's Rent Ordinance increase limitations, offering maximum rental income flexibility to keep up with rent growth.
The property is priced at an attractive cap rate of 6.02% . As a true hedge against inflation, this asset offers investors unique protection through both the commercial tenant's CPI-indexed lease structure and the residential unit's exemption from rent control limitations—allowing income growth potential that many San Francisco investment properties cannot match.
Located just one block from Golden Gate Park and UCSF Medical Center, 1524 Irving Street benefits from proximity to the N-Judah Muni line, numerous dining options along Irving and 9th Avenue, and easy access to neighborhood amenities. The Inner Sunset location combines residential charm with strong commercial viability.
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.