731 Hillside Boulevard, Daly City, CA 94014
731 Hillside Boulevard, Daly City, CA 94014
731 Hillside Boulevard, Daly City, CA 94014
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Listed by Nate Gustavson • Compass
$1,640,000
Est. payment /mo
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3,780 SqFt
New

731 Hillside Boulevard Daly City, CA 94014

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,780 sqft

Price per Sqft $433

MLS Listing ID ML82062874

HOA Y/N No

Year Built 1952

Lot Size 2,500 Sqft

Property Sub-Type Quadruplex

Source Datashare MLSListings

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

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

Water Public

Schools

School District Jefferson Union High, Jefferson Elementary


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

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Max Manatt

Max Manatt

Agent License ID: 01957416

+1(925) 980-3375

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731 Hillside Boulevard