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Financial
Distress signals
Property profile

1655 Southgate Ave 1ST Daly City, CA 94015

FOR LEASE
Office buildings
Property ID
US09-1676494
9,080 SF 0.29 ac lot Built 1979
Last sale Aug 2015 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1655 Southgate Ave,Unit 1ST, Daly City, CA 94015 For Lease
$45 SF/Yr
1655 Southgate Ave,Unit 1ST, Daly City, CA 94015
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Property summary

AI-generated overview

This first-floor office space totals approximately 1,569 rentable square feet and is situated across from the Serramonte shopping mall. The property provides covered dedicated parking and offers monument signage. It is positioned for convenient access to major freeways, is near BART, and is approximately 10 minutes from San Francisco International Airport (SFO).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$35k
Tax billed · 2024
Assessed value$2.90M
Assessed land$1.16M
Assessed improvement$1.74M
Effective rate1.20%

Value estimate

· Oct 2026
$2.63M
$2.37M – $2.89M
CAP approach$3.30M
NOI build-up
Gross scheduled income$304k
Vacancy & credit loss−$44k
Operating expenses−$65k
NOI · 433,382.22% cap applied$195k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$641/SF
County average, outlier-cleaned · 168 recorded sales of this use type
Observed band · Q1–Q3$322 – $965

Cap rate analysis

How does the asset earn?
433,382.22%
$195k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm54.2
Realty agency52.7
Wholesale Shop46.9

Location

1655 Southgate Ave, Unit 1ST Daly City, CA 94015
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
333 Park Plz, Daly City, CA 94015-1537 $271,000,000 Jan 2023 14,822 SF
901 Campus, Daly City, CA 94015-4900 $41,000,000 Mar 2022 75,559 SF
1784 Sullivan, Daly City, CA 94015-2067 $2,200,000 Feb 2022 9,949 SF
211 Eastmoor, Daly City, CA 94015-2036 $2,300,000 May 2021 16,488 SF
1500 Southgate, Daly City, CA 94015-2259 $13,312,000 Aug 2020 32,674 SF
1800 Sullivan, Daly City, CA 94015-2220 $13,312,000 Aug 2020 56,745 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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