Additional details

JLee Broker

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

Listed by Nate Gustavson, DRE #01898316 • Compass

$1,640,000

Est. payment - /mo

4 Beds

4 Baths

3,780 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $433

MLS Listing ID ML82062874

Bedrooms 4

Full Baths 4

Year Built 1952

Lot Size 2,500 Sqft

Property Sub-Type Fourplex

Source MLSListings, Inc.

Property Description

731 Hillside Boulevard is a well-located 4-unit apartment building in Daly City, to be purchased together with the neighboring identical fourplex at 725 Hillside Boulevard, currently operated as one property. Preferred residential financing is available with up to 75% LTV, subject to lender and borrower qualifications. This may provide an attractive opportunity for investors seeking to acquire multiple units with residential financing terms. Together, the properties comprise 8 units across approximately 7,560 square feet of building area on a 5,500-square-foot lot. The unit mix consists of eight 1-bedroom/1-bath units. The property has a fully separately metered utility structure, with each unit individually metered for electricity (PG&E) and water, so tenants pay their own utilities directly and the landlord has no 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. 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 a 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

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 003-438-430

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker License ID: 00851314

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731 Hillside BLVD Daly City, CA 94014

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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