731 Hillside BLVD, Daly City, CA 94014
- $1,640,000
- 4
- BD
- 3,780
- SqFt
Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass
- List Price
- $1,640,000
- MLS#
- ML82062874
- Status
- ACTIVE
- Zoning
- Multifamily
- Sqft. of Residence
- 3,780
- Lot Size
- 2,500
- Listing Area
- 'Original' Daly City
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 currently operated as one property. Each of the two separate fourplexes independently qualifies for residential financing. 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.
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Additional Information
- Cooling System
- None
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Attached Garage
- Heating System
- Wall Furnace
- Living Area
- 3,780
- Lot Size
- 2,500
- Neighborhood
- 'Original' Daly City
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- Multifamily
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