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    141 3Rd Ave Daly City, CA 94014

    For Sale
    $2,680,000

    Approved project with 14 units near shopping and transit.

    Property Features for 141 3Rd Ave

    General Information

    Standard status
    Active

    Source: GREEN BANKER REALTY Agent STANLEY LO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Entitled Project in Prime Location

    This fully entitled project features seven duet-style buildings, totaling 14 units, situated in a prime Daly City location. 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 arrangements. The location provides convenient access to 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; construction costs are not included. The buyer will be responsible for demolishing the existing structure before development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Daly City
    County
    San Mateo
    State
    California
    Longitude
    -122.462118
    Latitude
    37.691278

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    FAQs

    What type of property is this?
    Land - Approved project with 14 units near shopping and transit.
    Where is this land located?
    The property is located at 141 3Rd Ave Daly City, CA.
    What is the asking price?
    The asking price for this property is $2,680,000.
    What are key features of this property?
    This property features: - Fully entitled project with approved plans for 14 duet-style units in a prime Daly City location.; - Each unit offers **2,055 sq ft** with **3 bedrooms** and **2.5 bathrooms**.; - **Flexible ground-floor room** in each unit can be converted into an ADU for rental income, work-from-home, or multigenerational living.
    (650) 373-0007
    Request Owner's contact information
    141 3Rd Ave Daly City, CA 94014
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    Daly City, CA 94014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    141 3Rd Ave Daly City, CA 94014
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