Two-Unit Duplex with Patio
For Sale
$1,250,000
48 Garibaldi Street, Daly City, CA 94014
Both residences feature two bedrooms, one bathroom, and updated kitchens with tile flooring.
Property Size2,430 SF
Price / SF$514.40
Days on Market127
Property Features for 48 Garibaldi Street
General Information
Standard status
Active
Size
2,430 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Building Details
Building Size
2,430 SF
Year Built
1961
Listing Agency:
Metapoint
Listed By:
Susie Lee
(415) 933-7893
Source:
Metapointrealestate
Added: Jun 26
Changed: Oct 29
Last Checked: Oct 29 at 2:32PM
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 Metapoint
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Investment Insights
Based on property information with market context.
This 2,430-square-foot duplex contains two matching residences, each with two bedrooms and one bathroom. The kitchens have been updated with tile flooring, while hardwood floors extend through the remaining living areas. The upper residence also has patio access.
The property provides two side-by-side parking spaces and additional driveway parking. Both units are tenant-occupied, and shopping, transportation, and freeway access are nearby.
The property provides two side-by-side parking spaces and additional driveway parking. Both units are tenant-occupied, and shopping, transportation, and freeway access are nearby.
Key Highlights
- Two matching units, each with two bedrooms and one bathroom
- 2,430 square feet of building area
- Updated kitchens with tile flooring and hardwood floors in the remaining living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,585
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,091,700
$1.1M
Cap Rate 7%
$779,786
$779.8K
Cap Rate 9%
$606,500
$606.5K
Market Conditions
NOI Build-Up for 2,430 SF
Gross rent
$83.1K $34.20/SF
− Vacancy
−$5.1K −$2.11/SF
EGI
$78.0K $32.09/SF
− OpEx
−$23.4K −$9.63/SF
NOI
$54.6K $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 Rate 5%
$1,091,700
Cap Rate 7%
$779,786
Cap Rate 9%
$606,500
Alternative Uses
Best Use
Multifamily LT 5
$779.8K
$682.3K – $909.8K
NOI $54,585 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$694.1K
$607.3K – $809.8K
NOI $48,586 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$1.07M
$936.1K – $1.25M
NOI $74,891 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,552
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature two bedrooms, one bathroom, and updated kitchens with tile flooring.
Where is this duplex located?
The property is located at 48 Garibaldi Street Daly City, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two matching units, each with two bedrooms and one bathroom; 2,430 square feet of building area; Updated kitchens with tile flooring and hardwood floors in the remaining living areas
