8-Unit Apartment
725731 Hillside Boulevard, Daly City, CA 94014
For Sale
$2,980,000
Two fourplexes provide separately metered utilities, private garage parking, and one-bedroom residences throughout.
Property Size7,560 SF
Days on Market50
Property Features for 725731 Hillside Boulevard
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Nate Gustavson · License #01898316
(415) 786-9410
Source:
Realestatenovo
Added: Sep 21
Changed: Nov 5
Last Checked: Nov 8 at 1:03PM
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.
Built in 1952, this apartment property combines two fourplex structures on two parcels, with each building containing four units. The eight residences are configured as one-bedroom, one-bath apartments, totaling approximately 7,560 square feet on a 5,500-square-foot lot. Private garage parking is provided for all eight units.
Utilities are separately metered, including electric and water, allowing residents to pay their own water service directly. Siemens electrical main and subpanel equipment was replaced with permits in all units in 2025, and the modified bitumen flat roof was replaced in 2017. Each four-unit parcel independently qualifies for residential financing. The property is located in Daly City, California, and reflects a 4.88% cap rate and 14.45 GRM based on current rents.
Utilities are separately metered, including electric and water, allowing residents to pay their own water service directly. Siemens electrical main and subpanel equipment was replaced with permits in all units in 2025, and the modified bitumen flat roof was replaced in 2017. Each four-unit parcel independently qualifies for residential financing. The property is located in Daly City, California, and reflects a 4.88% cap rate and 14.45 GRM based on current rents.
Key Highlights
- 8 units configured as one‑bedroom, one‑bath apartments
- Approximately 7,560 square feet on a 5,500‑square‑foot lot
- Two fourplexes situated on two parcels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,155
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,023,100
$3.0M
Cap Rate 7%
$2,159,357
$2.2M
Cap Rate 9%
$1,679,500
$1.7M
Market Conditions
NOI Build-Up for 7,560 SF
Gross rent
$293.9K $38.88/SF
− Vacancy
−$19.1K −$2.53/SF
EGI
$274.8K $36.35/SF
− OpEx
−$123.7K −$16.36/SF
NOI
$151.2K $19.99/SF
Area
Daly City, CA
Vacancy
6.50%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,023,100
Cap Rate 7%
$2,159,357
Cap Rate 9%
$1,679,500
Alternative Uses
Best Use
Apartment 5plus
$2.16M
$1.89M – $2.52M
NOI $151,155 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.91M – $3.88M
NOI $232,995 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
214
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
$979,500
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in San Mateo County, CA
Properties on Market for Apartment buildings in San Mateo County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two fourplexes provide separately metered utilities, private garage parking, and one-bedroom residences throughout.
Where is this apartment building located?
The property is located at 725731 Hillside Boulevard Daly City, CA.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: 8 units configured as one‑bedroom, one‑bath apartments; Approximately 7,560 square feet on a 5,500‑square‑foot lot; Two fourplexes situated on two parcels
