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- LoopNet Team
141 3rd Ave
Daly City, CA 94014
Land For Sale
·
0.69 AC
Investment Highlights
- No dedicated BMR units, only In lieu Fee, Entitlements good till March 2025
- Strong Residential Market with high historical demand
- Potential Ground Level ADU perfect for work from home, rental, or nuclear family
- Seven matching buildings reducing construction costs and complexity
- 278,000 Per Entitled Unit, $124.50 Per Entitled SF
Property Facts
| Property Type | Land | Proposed Use | Single Family Development |
| Property Subtype | Residential | Total Lot Size | 0.69 AC |
| Zoning | 1D0000 - City has tenativly approved fourteen unit project. Buyer to produce construction drawings. | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 0.69 AC |
| Zoning | 1D0000 - City has tenativly approved fourteen unit project. Buyer to produce construction drawings. |
Description
Owners have reduced the price by 800k, this fourteen unit, 7 building duet project is perfect for a smaller builder who is looking for an amazing infill location. Daly City has been very resilient and values and demand remain strong. Please let me know if you have any questions, or if I can help in anyway. This is slab on grade product, pretty level lot and you are building the same building seven times, so builders should be able to keep costs in check. Finishes don't need to be super high end for this community. Demand in this price point for new product continues to be very strong. Please let me know if you have questions, or if I can help in any way. Thanks
Property Taxes
| Parcel Number | 006-254-030 | Improvements Assessment | $53,060 |
| Land Assessment | $2,812,201 | Total Assessment | $2,865,261 |
Property Taxes
