Mixed-Use Building with
New
For Sale
$1,398,000
12 Westlake AVE, Daly City, CA 94014
The property combines four apartments with two ground-floor commercial spaces.
Property Size6,090 SF
Price / SF$229.56
Days on Market7
Property Features for 12 Westlake AVE
General Information
Standard status
Active
Size
6,090 SF
Property subtype
FiveOrMoreUnits
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x 2BD/1BA, 1 x 1BD/1BA
Multifamily Units
4
Building Details
Building Size
6,090 SF
Year Built
1960
Buildings
1
Tenancy
Multi
Listing Agency:
SC Properties
Listed By:
Andrew Guglielmi · License #01852584
(650) 398-0281
Source:
Johnpaye
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 21 at 2:21AM
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 SC Properties
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Investment Insights
Based on property information with market context.
Built in 1960, this mixed-use property contains approximately 6,090 SF, with four apartments and two commercial spaces on the ground floor. The residential mix includes three 2BD/1BA units and one 1BD/1BA unit. Shared parking for residents is located behind the building.
The property occupies the signalized intersection of Mission St and Westlake Ave in Daly City, near BART and I-280. Recent work includes permitted electrical upgrades with new sub-panels and meters in 2026, along with exterior painting in 2025.
The property occupies the signalized intersection of Mission St and Westlake Ave in Daly City, near BART and I-280. Recent work includes permitted electrical upgrades with new sub-panels and meters in 2026, along with exterior painting in 2025.
Key Highlights
- Approximately 6,090 SF building with four apartments and two ground‑floor commercial spaces
- Apartment mix: three 2BD/1BA units and one 1BD/1BA unit
- Signalized corner at Mission St and Westlake Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,764
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,435,280
$2.4M
Cap Rate 7%
$1,739,486
$1.7M
Cap Rate 9%
$1,352,933
$1.4M
Market Conditions
NOI Build-Up for 6,090 SF
Gross rent
$236.8K $38.88/SF
− Vacancy
−$15.4K −$2.53/SF
EGI
$221.4K $36.35/SF
− OpEx
−$99.6K −$16.36/SF
NOI
$121.8K $19.99/SF
Area
Daly City, CA
Vacancy
6.50%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,435,280
Cap Rate 7%
$1,739,486
Cap Rate 9%
$1,352,933
Alternative Uses
Best Use
Apartment 5plus
$1.74M
$1.52M – $2.03M
NOI $121,764 @ 7.0% cap · market cap 8.71%
Second Best
Mixed Use
$1.52M
$1.33M – $1.77M
NOI $106,194 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$2.68M
$2.35M – $3.13M
NOI $187,690 @ 7.0% cap · market cap 13.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,501
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines four apartments with two ground-floor commercial spaces.
Where is this mixed-use property located?
The property is located at 12 Westlake AVE Daly City, CA.
What is the asking price?
The asking price for this property is $1,398,000.
What are key features of this property?
This property features: Approximately 6,090 SF building with four apartments and two ground‑floor commercial spaces; Apartment mix: three 2BD/1BA units and one 1BD/1BA unit; Signalized corner at Mission St and Westlake Ave
