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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Nate Gustavson • Compass, DRE#01898316

$ 3,280,000

Est. payment | -/mo

1 Bed

1 Bath

7,560 SqFt

Save

$ 3,280,000

Est. payment | -/mo

Save

1 Bed

1 Bath

7,560 SqFt

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 $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

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 allowing for advantageous RESIDENTIAL FINANCING 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. 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. -- 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

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

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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725-731 Hillside BLVD Daly City, CA 94014