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    OFF-MARKET
    Office buildings

    6701 Msn St, Daly City, CA 94014-2080

    3,884 SF 0.05 ac lot Built 1904
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-2439144
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1904
    Total area 3,884 SF
    Lot 0.05 ac (2,281 SF)
    Zoning code C10000
    APN 003-122-020
    UPID US09-2439144
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Utopia Insurance Services Insurance Agency
    • Resolve Insurance Solutions, LLC Insurance Agency
    • Bay Counties Construction General Contractor
    • fox flights Travel Agency
    • Equorx Inc Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Anthony Lagomarsino · 3 yrs held
    Anthony Lagomarsino
    since 2023
    Last sale
    $236,000
    7 recorded transactions
    2023
    2016
    2012
    1989
    1989
    1989
    $236,000
    1988
    $306,000
    Zoning & alternative use
    C10000 · Daly City, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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