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Entitled Project in Prime Location
For Sale
$3,880,000

141 3rd Avenue, Daly City, CA 94014

Approved project with 14 units near shopping and transit.

Property SizeContact for details
Days on Market440

Property Features for 141 3rd Avenue

General Information

Standard status Active
Listing Agency: GREEN BANKER REALTY
Listed By: STANLEY LO
Source: Corcoran
Added: Jun 19, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 GREEN BANKER REALTY

Investment Insights

Based on property information with market context.

This fully entitled project is located in a prime Daly City location and features seven duet-style buildings, totaling 14 units. Each unit is thoughtfully designed with 2,055 square feet of living space, including 3 bedrooms and 2.5 bathrooms. A flexible ground-floor room offers the potential for conversion into an Accessory Dwelling Unit (ADU), suitable for working from home, generating rental income, or accommodating multigenerational living. The property is situated near shopping, schools, and major transit routes. This approved project is suitable for developers or investors seeking long-term value and demand. The sale includes vacant land, an existing single-family home on the lot, and approved project plans. The list price reflects the land only, and does not include construction costs. The buyer will be responsible for demolishing the existing structure prior to development.

Key Highlights

  • Fully entitled project with approved plans for 14 duet‑style units.
  • Prime Daly City location near shopping, schools, and major transit routes.
  • Each unit offers 2,055 sq ft with 3 bedrooms and 2.5 bathrooms.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Cafe & Coffee Shop Real Estate Agency Parking Lot & Garage Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,552
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved project with 14 units near shopping and transit.
Where is this residential land & home lot located?
The property is located at 141 3rd Avenue Daly City, CA.
What is the asking price?
The asking price for this property is $3,880,000.
What are key features of this property?
This property features: Fully entitled project with approved plans for 14 duet‑style units.; Prime Daly City location near shopping, schools, and major transit routes.; Each unit offers 2,055 sq ft with **3 bedrooms and 2.5 bathrooms.**
More about this property
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