$1,073,000
$1,048,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
2,274 SqFt
SOLD DATE : 07/17/2024
Key Details
Sold Price $1,073,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $471
MLS Listing ID ML81958862
Sold Date 07/17/24
HOA Y/N No
Year Built 1928
Annual Tax Amount $12,460
Lot Size 3,192 Sqft
Property Description
Mixed-use property located on the main commercial corridor in the heart of Daly City. Ground floor retail unit (1,089 SqFt on the ground level and 1,099 SqFt basement) and a large 1,180 SqFt 2-bedroom/1-bathroom flat on the 2nd floor. The property features a large, unused backyard which can serve as an excellent amenity for the residential or commercial unit. Well suited for an owner-occupant or an investor. The ground floor commercial unit consists of more than 50% of the property area, therefore, an owner-occupant may qualify for an Small Business Administration (SBA) financed loan to acquire the property with a down payment as low as 10% of the purchase price. The commercial ground floor may be delivered vacant upon the close of escrow. Because there is only one residential unit in the property, the property is not subject to the California Tenant Protection of 2019- AB 1482. Daly City is situated in close proximity to Downtown San Francisco and Silicon Valley, and provides unparalleled access to the region's major employment centers including Genentech and Oracle. Amenities include fine dining, entertainment, and cultural attractions in San Francisco and the surrounding cities, and robust public transportation infrastructure including BART, Caltrain, and bus services.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning C1
Interior
Heating Electric
Cooling None
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Gas Cooktop, Microwave, Refrigerator
Exterior
View Y/N No
Roof Type Shingle
Accessibility None
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodrow Wilson
Middle Schools Other
School District Other
Others
Tax ID 003132210
Financing Conventional
Special Listing Condition Standard
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Bought with Yue Ming Wu
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner