Back to Search
Four-Unit Residential Building

673 Hillside Boulevard Daly City, CA 94014

Claim this Listing
New
For Sale
$1,590,000

Turnkey four-unit property with updated kitchens, wall furnaces, in-building laundry, and garages for each unit.

Type:Multi Family
Property size:
3,799 SF
Lot size:
0.06 Acres
Price / SF:
$418.53/SF
Added:
Jul 10, 2026
Days on Market:
5
Last Refresh:
Jul 13 at 2:23 am

Property Features for 673 Hillside Boulevard

General Information

Standard status
Active
Size
3,799 SF
Lot size
0.06 Acres
Property subtype
Multi Family

Building Details

Year Built
1952

Listing office Christie's International Real Estate Sereno

Listing date Jul 10, 2026

Source Exitrealty

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 Christie's International Real Estate Sereno


Investment Insights

Based on property information with market context.

This turnkey four-unit residential building offers a well-maintained setup with updated kitchens in Units 1, 2, and 3, featuring granite countertops, gas ranges, dishwashers, and refrigerators. The units include a mix of hardwood, laminate, and tile flooring, with wall furnaces providing heat. Each unit has its own garage space for parking and added storage, and there are two additional parking spaces in the rear of the building. An in-building laundry room with a washer and dryer is also provided.

The property is located in the Hillside area of Daly City, with convenient access to public transportation and major freeways. Nearby parks, shopping, and dining are also cited as conveniences for residents and daily routines.

Overall, the building is positioned as a manageable, ready-to-own multi-unit asset with practical on-site parking and laundry support for residents.

Key Highlights

  • Four‑unit multi‑family building built in 1952 with approx. 3,799 SF of living space on an approx. 2,500 SF lot
  • Units 1–3 have updated kitchens with granite countertops, gas ranges, dishwashers, and refrigerators
  • Each unit has its own garage space, plus 2 additional rear parking spaces

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $129.9k $34.20
− Vacancy −$8.0k −$2.11
EGI $121.9k $32.09
− OpEx −$36.6k −$9.63
NOI $85.3k $22.46
3,799 SF · lease $34.20/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,337 @ 7.0% cap · market cap 5.37%
Second Best
Apartment 5plus
$1.09M
$949.5K – $1.27M (±1% cap)
NOI $75,957 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $117,083 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Electrical Service Cafe & Coffee Shop Gym & Fitness Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Spa & Massage Center Tech Support Center

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

FAQs

What type of property is this?
Quadplex - Turnkey four-unit property with updated kitchens, wall furnaces, in-building laundry, and garages for each unit.
Where is this quadplex located?
The property is located at 673 Hillside Boulevard Daly City, CA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Four‑unit multi‑family building built in 1952 with approx. 3,799 SF of living space on an approx. 2,500 SF lot; Units 1–3 have updated kitchens with granite countertops, gas ranges, dishwashers, and refrigerators; Each unit has its own garage space, plus 2 additional rear parking spaces
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message