4-Unit Apartment
For Sale
$2,225,000
56 Edgewood Ct, Daly City, CA 94014
Four two-bedroom residences provide a consistent unit configuration for multifamily operations.
Property Size5,640 SF
Days on Market137
Property Features for 56 Edgewood Ct
General Information
Standard status
Active
Size
5,640 SF
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
4 x 2BR
Multifamily Units
4
Building Details
Building Size
5,640 SF
Year Built
1965
Buildings
1
Listing Agency:
Compass
Listed By:
Gabriel Manzanares · License #CalDRE #02051583
(415) 634-9634
Source:
Compass-cre
Added: Jun 2
Changed: Oct 13
Last Checked: Oct 14 at 9:59PM
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 Compass
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Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1965 and features a uniform mix of two-bedroom apartments. The asset is located at 56 Edgewood Ct in Daly City, California.
Regional access includes California State Route 1, Interstate 280, and El Camino Real. The property is also positioned near major technology employers identified in the listing, including Google, Apple, Facebook, LinkedIn, Microsoft, and Yahoo.
Regional access includes California State Route 1, Interstate 280, and El Camino Real. The property is also positioned near major technology employers identified in the listing, including Google, Apple, Facebook, LinkedIn, Microsoft, and Yahoo.
Key Highlights
- Four‑unit apartment property at 56 Edgewood Ct
- Two‑bedroom floor plans throughout the unit mix
- Built in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,691
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,533,820
$2.5M
Cap Rate 7%
$1,809,871
$1.8M
Cap Rate 9%
$1,407,678
$1.4M
Market Conditions
NOI Build-Up for 5,640 SF
Gross rent
$192.9K $34.20/SF
− Vacancy
−$11.9K −$2.11/SF
EGI
$181.0K $32.09/SF
− OpEx
−$54.3K −$9.63/SF
NOI
$126.7K $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%
$2,533,820
Cap Rate 7%
$1,809,871
Cap Rate 9%
$1,407,678
Alternative Uses
Best Use
Multifamily LT 5
$1.81M
$1.58M – $2.11M
NOI $126,691 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,766 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$2.48M
$2.17M – $2.90M
NOI $173,822 @ 7.0% cap · market cap 7.81%
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
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,276
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?
Quadplex - Four two-bedroom residences provide a consistent unit configuration for multifamily operations.
Where is this quadplex located?
The property is located at 56 Edgewood Ct Daly City, CA.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Four‑unit apartment property at 56 Edgewood Ct; Two‑bedroom floor plans throughout the unit mix; Built in 1965
