Two-Unit Duplex with Private
901 Hanover St Daly City, CA 94014
901 Hanover St, Daly City, CA, 94014
Contact for pricing
For Sale
Contact for pricing
Pending
Duplex with two distinct levels, separate entrances, and individual utility meters, plus a spacious backyard.
Property Size2,524 SF
Days on Market221
Property Features for 901 Hanover St
General Information
- Standard status
- Pending
- Size
- 2,524 SF
- Property subtype
- Multifamily
Listing agency
Kidder Matthews
Listed by
Gabriel Sahagun · License #CA: 02168656
Source
Crexi
Added: Dec 12, 2025 Updated: Jul 20 at 8:48PM Checked: Jul 21 at 6:37AM
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 Kidder Matthews
Investment Insights
Based on property information with market context.
This duplex at 901 Hanover St in Daly City offers flexible two-level living with two distinct levels and two separate mailing addresses. The main living area is configured as a 3-bedroom, 2-bath layout, while the lower level includes an additional 2-bedroom, 1-bath unit with its own separate entrance. The property also has individual utility meters for each unit. A spacious backyard adds outdoor space for gardening or general use. The home is in fixer condition and is being sold AS-IS, allowing the right buyer to complete a tailored renovation.
Location-wise, the property is positioned for convenient access to parks, schools, markets, and restaurants within an easy walk. For commuters, it is minutes from the Daly City BART station and provides quick access to Hwys 101 & 280 for travel toward Downtown San Francisco and SFO.
Location-wise, the property is positioned for convenient access to parks, schools, markets, and restaurants within an easy walk. For commuters, it is minutes from the Daly City BART station and provides quick access to Hwys 101 & 280 for travel toward Downtown San Francisco and SFO.
Key Highlights
- 2,524 SF Daly City duplex with two distinct levels and separate entrances
- Main unit offers 3 bedrooms and 2 bathrooms
- Downstairs unit includes 2 bedrooms and 1 bathroom with its own separate entrance
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 | $86.3k | $34.20 |
| − Vacancy | −$5.3k | −$2.11 |
| EGI | $81.0k | $32.09 |
| − OpEx | −$24.3k | −$9.63 |
| NOI | $56.7k | $22.46 |
2,524 SF · lease $34.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$809.9K
$708.7K – $944.9K
NOI $56,696 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$720.9K
$630.8K – $841.1K
NOI $50,465 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$1.11M
$972.4K – $1.30M
NOI $77,788 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with two distinct levels, separate entrances, and individual utility meters, plus a spacious backyard.
Where is this duplex located?
The property is located at 901 Hanover St Daly City, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2,524 SF Daly City duplex with two distinct levels and separate entrances; Main unit offers 3 bedrooms and 2 bathrooms; Downstairs unit includes 2 bedrooms and 1 bathroom with its own separate entrance
