Property summary
This exceptional mixed-use building, located at 6701 Mission Street in Daly City, California, presents a compelling value-add investment opportunity. The 3,884 square foot property, situated on a 2,250 square foot lot, boasts a high-visibility corner location with over 18,000 cars passing daily. Currently operating at 95% occupancy with seven tenants, all on month-to-month leases, this presents a significant opportunity to increase rental income. The building features ground floor retail space and a second floor with multiple private offices. Built in 1904, this Class C building is zoned for Light Commercial use, allowing for a wide range of retail and office applications. The asking price is $1,450,000, translating to $373.33 per square foot. Its proximity to the Daly City BART station and Interstate 280 enhances its accessibility and desirability. The long-term tenants provide stability, while the below-market rents offer immediate potential for increased revenue. This property is ideal for both investors seeking to maximize returns and owner-users looking for a strategic location. The property's address is 6701 Mission St, Daly City, CA 94014, with APN 003-122-020.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Insurance Agency
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General Contractor
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Travel Agency
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Medical Clinic
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C10000 · Daly City, CAZoning
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Zoning designation
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