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Turnkey Four-Unit Residential Building

673 Hillside BLVD Daly City, CA 94014

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New
For Sale
$1,590,000

MULTI_FAMILY - DALY CITY, CA

Property size:
3,799 SF
Lot size:
0.06 Acres
Price / SF:
$418.53/SF
Added:
Jul 12, 2026
Days on Market:
3
Last Refresh:
Jul 14 at 12:06 pm

Property Features for 673 Hillside BLVD

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
4
Rooms
Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Parking features
On Street
Appliances
Countertop - Granite, Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Varies by Unit
Standard status
Active
Size
3,799 SF
Lot size
0.06 Acres

Utilities

Heating system
Wall Furnace, Natural Gas
Water source
Public

Building Details

Year built
1952
Number of units
4
Flooring type
Laminate, Tile, Hardwood
Roof type
Tar/Gravel, Shingle

Listing agent Eileen Giorgi License #01252318

Listing office Christie's International Real Estate Sereno 214 Los Gatos Saratoga Rd., Los Gatos, CA

Listing date Jul 12, 2026

MLS# ML82043172 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey four-unit residential building includes updated kitchens in Units 1, 2, and 3 with granite countertops, gas ranges, dishwashers, and refrigerators. The interiors feature a mix of hardwood, laminate, and tile flooring, with wall furnaces provided throughout. Each unit is assigned its own garage space, with two additional parking spaces located in the rear of the building. An in-building laundry room is also included, with washer and dryer.

Located at 673 Hillside Blvd in Daly City, the property is described as offering convenient access to public transportation and major freeways, with proximity to parks, shopping, and dining. The property is zoned R3.

Overall, the building is presented as meticulously maintained and designed to support day-to-day tenant needs with practical on-site amenities and parking.

Key Highlights

  • Four‑unit multi‑family building built in 1952 with approx. 3,799 SF on an approx. 2,500 SF lot
  • Units 1–3 feature updated kitchens with granite countertops, gas ranges, dishwashers, and refrigerators
  • Flooring includes a mix of hardwood, laminate, and tile across the units

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

Property Profile 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 - Well-maintained four-unit building with updated kitchens, in-building laundry, and individual garage spaces.
Where is this quadplex located?
The property is located at 673 Hillside BLVD 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 on an approx. 2,500 SF lot; Units 1–3 feature updated kitchens with granite countertops, gas ranges, dishwashers, and refrigerators; Flooring includes a mix of hardwood, laminate, and tile across the units
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