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$8,000,000

The property includes seven adjacent parcels of vacant land that total 19,300 square feet. The site is rectangular and has 200 feet of frontage along Geneva Avenue, with 100 feet of frontage along both Pasadena Street and Castillo Street. With frontage on three roads, there are multiple potential access points for a new development. The site has excellent visibility along Geneva Avenue, a major east-west corridor that connects Bayshore Boulevard in the east with Interstate 280 in the west. The property is easily accessible from nearby freeways; an interchange with US Highway 101 is about one and one-half miles east of the property and Interstate 280 is less than two miles to the west. The Financial District in San Francisco is less than eight miles north of the site, and major employers in South San Francisco are just five miles south. The San Francisco International Airport is seven miles from the property. The zoning designation for the property is Commercial Mixed-Use, and the general plan land use is Commercial Mixed-Use. Under the zoning standards, all projects are subject to ministerial review and there are no subjective standards. The maximum height limit for the subject property is 120 feet or 10 stories. There is no maximum density or FAR for this zoning designation.

ML82028598 MLS

The property includes seven adjacent parcels of vacant land that total 19,300 square feet. The site is rectangular and has 200 feet of frontage along Geneva Avenue, with 100 feet of frontage along both Pasadena Street and Castillo Street. With frontage on three roads, there are multiple potential access points for a new development. The site has excellent visibility along Geneva Avenue, a major east-west corridor that connects Bayshore Boulevard in the east with Interstate 280 in the west. The property is easily accessible from nearby freeways; an interchange with US Highway 101 is about one and one-half miles east of the property and Interstate 280 is less than two miles to the west. The Financial District in San Francisco is less than eight miles north of the site, and major employers in South San Francisco are just five miles south. The San Francisco International Airport is seven miles from the property. The zoning designation for the property is Commercial Mixed-Use, and the general plan land use is Commercial Mixed-Use. Under the zoning standards, all projects are subject to ministerial review and there are no subjective standards. The maximum height limit for the subject property is 120 feet or 10 stories. There is no maximum density or FAR for this zoning designation.

2321 Geneva AVE, Daly City

Listed by Joshua Johnson, 650-391-1784 from Marcus & Millichap
(If provided) CoList: Michael Henshaw from Marcus & Millichap

$22,375,000

265-273 88th Street is a rare eighty (80) unit multifamily portfolio comprising five (5) extremely well-maintained apartment buildings situated on two parcels in the heart of the highly desirable Broadmoor Neighborhood of Daly City. - Offered at $26M, this stabilized asset features a unit mix of (6) 3-Br/2-Ba, (6) 2-Br/2-Ba, (4) 2-Br/1-Ba, (62) 1-Br/1-Ba, and (2) Studio units, totaling over 91,000± square feet of gross building area. With a favorable price-per-unit of $325,000 and a price-per-square-foot of $283, this opportunity has strong in-place cash flow (5.23% current cap rate & 11.33 current GRM) -- 265 88th St (4-units), 273 88th St (20-units), 1145 Edgeworth (18-units), 1157 Edgeworth (18-units), 374 89th St (20-units). SIGNIFICANT CAPITAL IMPROVEMENTS have been completed, including voluntary seismic upgrade, updated windows across all buildings, upgraded main electrical panels (25'), deck re-coating and rail painting (25'), updated water heaters, bird proofing, and extensive interior unit updates, with most units having been updated in the past 5-7 years. All units are individually metered for gas and electric, and twelve (12) units offer central forced-air heating.

ML82013733 MLS

265-273 88th Street is a rare eighty (80) unit multifamily portfolio comprising five (5) extremely well-maintained apartment buildings situated on two parcels in the heart of the highly desirable Broadmoor Neighborhood of Daly City. - Offered at $26M, this stabilized asset features a unit mix of (6) 3-Br/2-Ba, (6) 2-Br/2-Ba, (4) 2-Br/1-Ba, (62) 1-Br/1-Ba, and (2) Studio units, totaling over 91,000± square feet of gross building area. With a favorable price-per-unit of $325,000 and a price-per-square-foot of $283, this opportunity has strong in-place cash flow (5.23% current cap rate & 11.33 current GRM) -- 265 88th St (4-units), 273 88th St (20-units), 1145 Edgeworth (18-units), 1157 Edgeworth (18-units), 374 89th St (20-units). SIGNIFICANT CAPITAL IMPROVEMENTS have been completed, including voluntary seismic upgrade, updated windows across all buildings, upgraded main electrical panels (25'), deck re-coating and rail painting (25'), updated water heaters, bird proofing, and extensive interior unit updates, with most units having been updated in the past 5-7 years. All units are individually metered for gas and electric, and twelve (12) units offer central forced-air heating.

265-273 88th ST, Daly City

Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass

Sold listing courtesy of John Antonini from COMP13

$1,960,000

Excellent opportunity to own a fully rented building containing four units, generating a gross annual income of $142,800. All units occupied! Great Income and enjoy good Cash Flow! This property features a mixture of spacious 2-bedroom and 1.5-bath units in a prime area of Daly City, easy commute to San Francisco; close to public transportation, BART, freeways, Shopping Center, supermarkets, dining, schools, Stonestown Mall, and SFSU. Both rare units has a balcony! Each unit has an assigned parking spot within the enclosed garage. The monthly rent for Apt #1 $2850, Apt #2 $2950, Apt #3 $2950, Apt #4 $3003 . Monthly Utility costs for the owner include water at $200, garbage at $150 and PG&E $300. Tenants are responsible for their utilities including PG& E, while the owner covers water, garbage, and common area electricity expenses.

8 Beds ⋅ ML82002984 MLS

Excellent opportunity to own a fully rented building containing four units, generating a gross annual income of $142,800. All units occupied! Great Income and enjoy good Cash Flow! This property features a mixture of spacious 2-bedroom and 1.5-bath units in a prime area of Daly City, easy commute to San Francisco; close to public transportation, BART, freeways, Shopping Center, supermarkets, dining, schools, Stonestown Mall, and SFSU. Both rare units has a balcony! Each unit has an assigned parking spot within the enclosed garage. The monthly rent for Apt #1 $2850, Apt #2 $2950, Apt #3 $2950, Apt #4 $3003 . Monthly Utility costs for the owner include water at $200, garbage at $150 and PG&E $300. Tenants are responsible for their utilities including PG& E, while the owner covers water, garbage, and common area electricity expenses.

91 Lausanne AVE, Daly City

Listed by July Win, 415-244-5670 from Jeffrey Pang & Company, Inc.
(If provided) CoList: from

Sold listing courtesy of John Sayage from APR

$2,840,000

Civic Center Plaza is a multi-tenant retail and office building located on 87th Street between Junipero Serra Boulevard and Sullivan Avenue. The building totals approximately 10,000 gross square feet and is situated on a 0.46-acre site. There are 34 parking spaces on site, for a ratio of 3.40 per 1,000 square feet. The ground floor retail space is currently leased to three tenants. Each unit has its own storefront facing the parking lot, which facilitates independent access for customers and provides flexibility for various types of businesses. There are multiple storefronts and the space can be demised to accommodate up to seven tenants. The second-floor office space houses several private offices, which are accessible through a dedicated stairway from the ground floor. These offices vary in size and configuration, tailored to accommodate different business needs such as small startups, consulting firms, or professional services. The second floor also features common men's and women's restrooms for the office tenants. All tenants are month-to-month and contract rents are well below market. This provides an investor the opportunity to increase rents to market and achieve an attractive return on the property.

ML81974213 MLS

Civic Center Plaza is a multi-tenant retail and office building located on 87th Street between Junipero Serra Boulevard and Sullivan Avenue. The building totals approximately 10,000 gross square feet and is situated on a 0.46-acre site. There are 34 parking spaces on site, for a ratio of 3.40 per 1,000 square feet. The ground floor retail space is currently leased to three tenants. Each unit has its own storefront facing the parking lot, which facilitates independent access for customers and provides flexibility for various types of businesses. There are multiple storefronts and the space can be demised to accommodate up to seven tenants. The second-floor office space houses several private offices, which are accessible through a dedicated stairway from the ground floor. These offices vary in size and configuration, tailored to accommodate different business needs such as small startups, consulting firms, or professional services. The second floor also features common men's and women's restrooms for the office tenants. All tenants are month-to-month and contract rents are well below market. This provides an investor the opportunity to increase rents to market and achieve an attractive return on the property.

151 87th ST, Daly City

Listed by Joshua Johnson, 650-391-1784 from Marcus & Millichap
(If provided) CoList: from

Sold listing courtesy of David Cutler from M&MKW

$2,000,000

This "Original Daly City" 6 unit apartment built in 1931 has been meticulously maintained and loved. It has not been on the market for over 45 years. Excellent location with easy access to freeways, downtown SF, Mid Peninsula, SFO, Walking distance to BART, and public bus transportation. Located just blocks from Junipero Serra Blvd and Mission and all it's amenities. Close to Schools, shops, restaurants, and more. This property features one 2bd/1bth, and five 1bd/1bth units. 3 of the units have been completely updated and 3 of the units have been partially updated.Each unit has its own one car garage, and is individually metered. This allows each unit to pay for their own gas, electric, garbage, and water, which offers a significant savings to the owner. Newly painted and a newer roof. Great long term tenants. A great investment property, or a multi-generational family compound.Don't miss out on this remarkable chance to own a piece of Daly City's history that offers financial rewards.

5 Beds ⋅ ML81955718 MLS

This "Original Daly City" 6 unit apartment built in 1931 has been meticulously maintained and loved. It has not been on the market for over 45 years. Excellent location with easy access to freeways, downtown SF, Mid Peninsula, SFO, Walking distance to BART, and public bus transportation. Located just blocks from Junipero Serra Blvd and Mission and all it's amenities. Close to Schools, shops, restaurants, and more. This property features one 2bd/1bth, and five 1bd/1bth units. 3 of the units have been completely updated and 3 of the units have been partially updated.Each unit has its own one car garage, and is individually metered. This allows each unit to pay for their own gas, electric, garbage, and water, which offers a significant savings to the owner. Newly painted and a newer roof. Great long term tenants. A great investment property, or a multi-generational family compound.Don't miss out on this remarkable chance to own a piece of Daly City's history that offers financial rewards.

198 W Moltke ST, Daly City

Listed by Valerie Hinton, 650-773-2042 from Valerie Hinton, Broker
(If provided) CoList: from

Sold listing courtesy of William Lee from HOGR

$2,700,000

ML81922850 MLS

72 Bismark ST, Daly City

Listed by Alex Hawkins, 408-348-5013 from Gilmartin Group
(If provided) CoList: from

Sold listing courtesy of Jonathan King from NTERO