299 Rhine Street, Daly City, California 94014, Daly City, 94014 - 0 bed, 0 bath
Loading property details...
Daly City, California 94014
Analysis of 299 Rhine Street, Daly City, California 94014 is currently available with a list price of $1,250,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Daly City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although originally built in 1926, the property has undergone extensive recent renovations across all three units. The interiors feature modern shaker-style cabinetry, high-quality stainless steel appliances, updated stone-look countertops, and contemporary LVP flooring. The bathrooms have been modernized with new vanities and tile work, and the presence of updated vinyl windows and clean finishes throughout indicates the property has been fully renovated within the last 5 years to meet current market standards.
The property features three fully renovated units, significantly reducing the need for immediate capital expenditures and allowing for premium rental rates.
Positioned near San Francisco, the Oyster Point biotech corridor, and major transit hubs like BART, ensuring consistent tenant demand and low vacancy rates.
The implementation of a utility bill-back system and on-site laundry facilities optimizes net operating income and simplifies property management.
The building consists exclusively of one-bedroom units, which may limit the tenant pool and exclude families seeking larger living spaces.
Originally built in 1926, the property may require higher long-term maintenance for aging structural or systemic components despite recent interior updates.
299 Rhine Street in Daly City offers a well-maintained and thoughtfully upgraded triplex positioned atop a hill with sweeping neighborhood and city views. Daly City remains a stable and consistently strong rental market, supported by proximity to San Francisco and steady demand from major employment hubs, including Oyster Point's biotech corridor. The property features three fully renovated one-bedroom units. The building includes (1) 1 Bed 1 Bath, a (1) 1 Bed 1 Bath w/ private garage, and an oversized (1) 1 Bed 1 Bath w/a bonus room ideal for a home office, guest space, or added living area. All units have been tastefully updated to enhance tenant appeal and reduce near-term capital needs. Amenities include an on-site laundry room and a private rear yard for tenant enjoyment. Tenants are billed back for utilities, supporting improved operational efficiency. Conveniently located near Serramonte Center, BART, San Francisco State University, Thornton State Beach, and San Bruno Mountain Park, the property also offers easy access to I-280 and Hwy 101 for commuting throughout the Bay Area. With renovated interiors, desirable amenities, and a prime hilltop setting, 299 Rhine Street represents an excellent multifamily investment opportunity in a proven rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,260 | 2,620 | 50% |
| Lot Size | 2,500 | 2,555 | 50% |
| Price | $1.25M | $1.21M | 50% |
| Price per sq ft | $553 | $492 | 50% |
| Built year | 1926 | 1939 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 92 | 25% |
Mar 21, 2026
$1,250,000
$1,400,000
-11% Price Drop
Initial Listing
Feb 19, 2026
$1,400,000
Initial Listing
Aug 24, 2018
$1,200,000
Public Record
Aug 2, 2017
$640,000
Public Record
Apr 4, 1996
$210,000
Public Record