725-731 Hillside BLVD, Daly City, CA 94014
725-731 Hillside BLVD, Daly City, CA 94014
725-731 Hillside BLVD, Daly City, CA 94014
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Listed by Nate Gustavson • Compass, DRE#01898316
$2,980,000
Est. payment /mo
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1 Bed
1 Bath
7,560 SqFt
Price Dropped by $300K

725-731 Hillside BLVD Daly City, CA 94014

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John Sanchez

John Sanchez

+1(510) 626-7029

Open House

Thu Oct 29, 10:00am - 12:00pm

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,560 sqft

Price per Sqft $394

MLS Listing ID ML82062076

Bedrooms 1

Full Baths 1

Year Built 1952

Lot Size 5,500 Sqft

Property Sub-Type Five or More Units

Property Description

MAJOR PRICE REDUCTION NOW $2,980,000! ($300,000 REDUCTION) - INDIVIDUALLY METERED FOR WATER (rare), GAS & ELECTRIC --- 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 allowing for advantageous RESIDENTIAL FINANCING 75% LTV, subject to lender and borrower qualifications. --- Offered at $2,980,000, 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 SEPARATE METERED 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. -- Built in 1952, the property generates approximately $228,000 in current scheduled gross annual income, with net operating income of approximately $164,380, a 5.52% cap rate and 13.07 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

Garage Spaces 8.0

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

Restrictions None

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

Security Features Other

Special Listing Condition Not Applicable

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John Sanchez

John Sanchez

Agent License ID: 02227459

+1(510) 626-7029

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725-731 Hillside BLVD

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