Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Nate Gustavson, DRE #01898316 • Compass

$3,280,000

Est. payment - /mo

1 Bed

1 Bath

7,560 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,560 sqft

Price per Sqft $433

MLS Listing ID ML82062076

Bedrooms 1

Full Baths 1

Year Built 1952

Lot Size 5,500 Sqft

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

725-731 Hillside Boulevard is a well-located 8-unit apartment community situated on two (2) parcels in Daly City, structured as two fourplexes operating together as one property. Offered at $3,280,000, the property consists of 8-units across approximately 7,560 square feet of building area on a 5,500-square-foot lot. The unit mix includes eight (8) 1-bedroom/1-bath units. -- The property offers a fully separately metered utility structure, with each unit individually metered for electric (PG&E) and water, so tenants pay their own water directly with no landlord expense. All electrical main and subpanel equipment (Siemens) was replaced with permits in all units in 2025, and the roof was replaced with a modified bitumen flat roof in 2017. Private garage parking is provided for all eight units, and each parcel's 4-unit structure independently qualifies for residential financing. -- Built in 1952, the property generates approximately $226,980 in current scheduled gross annual income, with net operating income of approximately $159,910, a 4.88% cap rate and 14.45 GRM on current rents.

Location

State CA

County San Mateo

Area 'Original' Daly City

Zoning Multifamily

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached Garage

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Individual Water Meter

Others

Tax ID 003-438-430 & 003-438-440

Special Listing Condition Not Applicable

Read Less Info

Nearby School & Business

Get More Information

JLee Broker

+1(650) 857-1000

Broker License ID: 00851314

Quick Search

725-731 Hillside BLVD Daly City, CA 94014

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information