79 Lausanne Avenue, Daly City, California 94014, Daly City, 94014 - bed, bath
ACTIVE$1,888,888$5,640/sqft
79 Lausanne Avenue, Daly City, California 94014
0Bed
0Bath
5,640Sqft
2,856Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Investment Opportunity: This fourplex is explicitly marketed as a 'Great investment opportunity' in a 'high-demand Daly City rental market,' offering multiple income streams and strong long-term appreciation potential.
Top Cons:
Age of Property & Unspecified System Updates: Built in 1965, while some units are updated and the roof is new, other major systems (e.g., plumbing, electrical, HVAC) may be original and could require significant future capital expenditures not explicitly mentioned.
Compared to the nearby listings
Price:$1.89M vs avg $1.53M (+$361,944)50%
Size:5,640 sqft vs avg 4,719.5 sqft50%
Price/sqft:$335 vs avg $32150%
More Insights
Built in 1965 (61 years old).
Condition: Built in 1965, this fourplex shows a mix of conditions. While the listing mentions a new roof (6 months old) and 'two recently updated units' (as seen in Unit 3's modern kitchen and updated bathroom), other units (like Unit 1's kitchen and bathroom) are significantly dated with older appliances, cabinets, countertops, and fixtures. Common areas and general building infrastructure appear functional but basic and show their age. The property is maintained and livable, but the dated components in some units and the overall age of the building's major systems prevent it from reaching a 'Good' rating, placing it firmly in the 'Fair' category where it requires further updates to achieve a consistent modern standard across all units.
Year Built
1965
Close
-
List price
$1.89M
Original List price
$1.89M
Price/Sqft
$335
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029198
Home ConditionFair
Features
Good View:
Deck
View-
About this home
Great investment opportunity in a high-demand Daly City rental market. Fourplex with stable tenants, two recently updated units, and a new roof (6 months old). One unit may be delivered vacant, allowing buyer to purchase as a primary residence for better rates and easier qualification. Conveniently located near Mission St, BART, shops, parks, and major commuter routes. This property offers both steady rental income and strong long-term appreciation potential. A rare chance to secure a multi-unit asset in a prime corridor just minutes from San Francisco.
J
Junie Ngai
Listing Agent
Nearby schools
4/10
John F. Kennedy Elementary School
Public,•K-5•0.4mi
4/10
Susan B. Anthony Elementary School
Public,•K-5•0.8mi
3/10
George Washington Elementary School
Public,•K-5•0.9mi
5/10
Thomas R. Pollicita Middle School
Public,•6-8•0.6mi
4/10
Jefferson High School
Public,•9-12•0.4mi
7/10
Westmoor High School
Public,•9-12•1.8mi
7/10
Oceana High School
Public,•9-12•4.6mi
6/10
Terra Nova High School
Public,•9-12•7.5mi
Condition Rating
Fair
Built in 1965, this fourplex shows a mix of conditions. While the listing mentions a new roof (6 months old) and 'two recently updated units' (as seen in Unit 3's modern kitchen and updated bathroom), other units (like Unit 1's kitchen and bathroom) are significantly dated with older appliances, cabinets, countertops, and fixtures. Common areas and general building infrastructure appear functional but basic and show their age. The property is maintained and livable, but the dated components in some units and the overall age of the building's major systems prevent it from reaching a 'Good' rating, placing it firmly in the 'Fair' category where it requires further updates to achieve a consistent modern standard across all units.
Pros & Cons
Pros
Multi-Unit Investment Opportunity: This fourplex is explicitly marketed as a 'Great investment opportunity' in a 'high-demand Daly City rental market,' offering multiple income streams and strong long-term appreciation potential.
Prime Location & Accessibility: Conveniently located near Mission St, BART, shops, parks, and major commuter routes, placing it in a prime corridor just minutes from San Francisco, enhancing tenant appeal and property value.
Recent Capital Improvements: The property benefits from a new roof (6 months old) and two recently updated units, reducing immediate capital expenditure for a new owner and improving tenant desirability.
Owner-Occupancy & Financing Flexibility: The potential for one unit to be delivered vacant allows a buyer to purchase as a primary residence, which can lead to better financing rates and easier loan qualification.
Stable Income & Appreciation: With stable tenants already in place, the property offers immediate steady rental income, coupled with the inherent strong long-term appreciation potential of the Bay Area market.
Cons
Age of Property & Unspecified System Updates: Built in 1965, while some units are updated and the roof is new, other major systems (e.g., plumbing, electrical, HVAC) may be original and could require significant future capital expenditures not explicitly mentioned.
Limited Lot Size: The 2,856 sqft lot size for a fourplex is relatively small, which may limit private outdoor space for tenants, parking availability, or future expansion possibilities.
Rent Control & Tenant Management Complexity: As a multi-unit property in a high-demand market like Daly City, it is likely subject to stringent rent control ordinances and tenant protection laws, which can add complexity to property management and limit rent growth potential.