Upgraded Quadplex with
For Sale
$1,750,000
119 E Moltke St, Daly City, CA 94014
Four spacious units feature private enclosed garages, separate water meters, and access to a shared courtyard entry.
Property Size3,799 SF
Days on Market126
Property Features for 119 E Moltke St
General Information
Standard status
Active
Size
3,799 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$19,742
Building Details
Building Size
3,799 SF
Year Built
1953
Stories
3
Units
4
Listing Agency:
Christie's International Real Estate Sereno
(650) 274-5187
Listed By:
Philip Watson · License #00605221
(650) 274-5187
Source:
Elliman
Added: Apr 27
Changed: Aug 29
Last Checked: Aug 29 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christie's International Real Estate Sereno
Investment Insights
Based on property information with market context.
This 1953 quadplex contains four spacious units with enclosed one-car garages assigned to each residence. A courtyard entry provides shared outdoor access, while separate water meters support individual utility tracking. The property has undergone extensive upgrades and ongoing maintenance, including a remodeled first unit configured as a junior two-bedroom layout.
Located at 119 E Moltke St in Daly City, the property offers access to shopping, parks, transportation, San Francisco, the Peninsula, San Francisco International Airport, and BART. WalkScore is 79, TransitScore is 80, and BikeScore is 55, reflecting a setting with walkable amenities, strong transit access, and bikeable conditions.
Located at 119 E Moltke St in Daly City, the property offers access to shopping, parks, transportation, San Francisco, the Peninsula, San Francisco International Airport, and BART. WalkScore is 79, TransitScore is 80, and BikeScore is 55, reflecting a setting with walkable amenities, strong transit access, and bikeable conditions.
Key Highlights
- Four‑unit quadplex with spacious layouts
- Enclosed one‑car garage for each unit
- Separate water meters serving the units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,337
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,706,740
$1.7M
Cap Rate 7%
$1,219,100
$1.2M
Cap Rate 9%
$948,189
$948.2K
Market Conditions
NOI Build-Up for 3,799 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$129.9K $34.20/SF
− Vacancy
−$8.0K −$2.11/SF
EGI
$121.9K $32.09/SF
− OpEx
−$36.6K −$9.63/SF
NOI
$85.3K $22.46/SF
Area
Daly City, CA
Vacancy
6.17%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,706,740
Cap Rate 7%
$1,219,100
Cap Rate 9%
$948,189
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M
NOI $85,337 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$1.09M
$949.5K – $1.27M
NOI $75,957 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,083 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
Explore this area
Business Placement
Demographics for 94014, CA
48,677
Population
15,643
Households
3.1
Avg Household Size
39
Median Age
33%
College-Educated
84%
High-School Grad
6.4 sq mi
ZIP Area
7,606
Density / Sq Mi
$115,513
Median Household Income
$49,144
Median Earnings
$2,089
Median Rent
$979,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four spacious units feature private enclosed garages, separate water meters, and access to a shared courtyard entry.
Where is this quadplex located?
The property is located at 119 E Moltke St Daly City, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four‑unit quadplex with spacious layouts; Enclosed one‑car garage for each unit; Separate water meters serving the units
