
Daly City, California 94014
This 4-unit Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,640,000—positioned above the $1,470,936 Fair Market Value. While priced above the current estimate, the property offers a stable 4.88% cap rate and a 14.45 GRM. Featuring a Condition Rating of 4, the building benefits from recent capital improvements, including 2025 electrical panel upgrades and a 2017 roof replacement. With separate utility metering and private garage parking, this is a turnkey, low-maintenance acquisition ideal for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 731 Hillside Boulevard Subject 0 bd · 0 ba · 3,780 sqft · $376 | $1,490,000* List Price | 0 | 0 | 3,780 | $376 | - |
A 673 Hillside Boulevard Sold 0 bd · 0 ba · 3,799 sqft · $395 · 0.1 mi | $1,500,000 | 0 | 0 | 3,799 | $395 | 0.1 mi |
B 154156 2nd Avenue Active 0 bd · 0 ba · 3,281 sqft · $486 · 0.2 mi | $1,595,000 List Price | 0 | 0 | 3,281 | $486 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property features highly dated interiors, including an outdated kitchen with old cabinetry and appliances that need modern updates. However, the core systems are well-maintained, featuring a roof replaced in 2017 and brand-new permitted electrical panels installed in 2025.
The property features a fully separately metered utility structure for both electricity and water, shifting the cost burden to tenants and significantly increasing net operating income.
Significant infrastructure upgrades include a complete replacement of all electrical panels in 2025 and a new roof in 2017, reducing immediate capital expenditure requirements for the buyer.
As a four-unit building, this property qualifies for residential financing, allowing investors to secure more attractive interest rates and terms than traditional commercial loans.
The building consists exclusively of 1-bedroom, 1-bathroom units, which may limit the tenant demographic and reduce appeal for families seeking larger living spaces.
The requirement to purchase this building in conjunction with the neighboring fourplex increases the total acquisition cost and may complicate the closing process for some investors.
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 $228,000 in current scheduled gross annual income, with net operating income of approximately $164,380, a 5.52% cap rate, and a 13.07 GRM on current rents.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,780 | 3,799 |
| Lot Size | 2,500 | 2,500 |
| Price | $1.49M | $1.50M |
| Price per sq ft | $394 | $395 |
| Built year | 1952 | 1952 |
| HOA | $0 | $0 |
| Days on market | 26 | 36 |
Oct 23, 2026
$1,490,000
$1,640,000
-9% Price Drop
Initial Listing
Sep 28, 2026
$1,640,000
Initial Listing
Jan 31, 2008
$1,550,000
Public Record