Mixed-Use Building with Retail
For Sale
$1,198,888
6275-6277 Mission Street, Daly City, CA 94014
Four rented one-bedroom residences accompany a vacant storefront suitable for retail or office use.
Property Size3,873 SF
Price / SF$309.55
Days on Market162
Property Features for 6275-6277 Mission Street
General Information
Standard status
Active
Size
3,873 SF
Property subtype
5+ Units / Five or More Units
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$16,636
Amenities
On Street
No, No, 3873, None, Other
Building Details
Year Built
1938
Buildings
1
Tenancy
Multi
Listing Agency:
Vision Real Estate
(650) 670-7059
Listed By:
Jesse Gutierrez · License #01187448
(650) 670-7059
Source:
Compass
Added: Mar 23
Changed: Aug 30
Last Checked: Aug 30 at 6:23PM
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 Vision Real Estate
Investment Insights
Based on property information with market context.
Built in 1938, this mixed-use building contains four residential units, each configured with one bedroom and one bathroom, along with a separate retail or office space. The residential units are currently rented, while the commercial space is vacant and provides frontage along Mission Street.
The property encompasses 3,873 square feet in Daly City and is offered in as-is, where-is condition. Its combination of occupied residential units and an available commercial area creates a property with both existing residential tenancy and an open storefront component.
The property encompasses 3,873 square feet in Daly City and is offered in as-is, where-is condition. Its combination of occupied residential units and an available commercial area creates a property with both existing residential tenancy and an open storefront component.
Key Highlights
- Four residential units, each with 1 bedroom and 1 bathroom
- Residential units are currently rented
- Vacant retail or office space with Mission Street frontage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$86,999
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,739,980
$1.7M
Cap Rate 7%
$1,242,843
$1.2M
Cap Rate 9%
$966,656
$966.7K
Market Conditions
NOI Build-Up for 3,873 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$132.5K $34.20/SF
− Vacancy
−$8.2K −$2.11/SF
EGI
$124.3K $32.09/SF
− OpEx
−$37.3K −$9.63/SF
NOI
$87.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,739,980
Cap Rate 7%
$1,242,843
Cap Rate 9%
$966,656
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,999 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$1.11M
$968.0K – $1.29M
NOI $77,437 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,364 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,361
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four rented one-bedroom residences accompany a vacant storefront suitable for retail or office use.
Where is this mixed-use property located?
The property is located at 6275-6277 Mission Street Daly City, CA.
What is the asking price?
The asking price for this property is $1,198,888.
What are key features of this property?
This property features: Four residential units, each with 1 bedroom and 1 bathroom; Residential units are currently rented; Vacant retail or office space with Mission Street frontage
