239 Serramonte blvd 6.4 Acres of Commercial Land Offered at $68,000,000 in Daly City, CA 94015

Serramonte Terraces represents one of the largest and most significant residential condominium developments in the history of Daly City. With an estimated total project value exceeding $500 Million USD, this development is poised to redefine the skyline of the North Peninsula. 1. Project Scope & Specifications Total Units: 500 Luxury Condominiums (comprised of 499 Residential Units + 1 Dedicated Management Unit). Structure: Four (4) high-rise residential buildings designed with modern architectural finishes. Parking: A massive multi-level parking podium providing 700 secure parking spaces, satisfying high-density urban requirements. Entitlements: Fully entitled with a Housing Element Agreement ensuring long-term project stability and no expiration on development rights. 2. Prime Strategic Location The project offers an unparalleled "commuter-first" location, bridging the gap between the Silicon Valley tech corridor and the San Francisco financial center: San Francisco Access: Only 8 minutes to Downtown San Francisco. Global Connectivity: Just 10 minutes to San Francisco International Airport (SFO). Retail Convenience: Located directly across from the Serramonte Shopping Center, providing immediate walking access to world-class dining, retail, and lifestyle amenities. 3. Investment Highlights Scale: One of the few "Very High Density" residential projects approved in the region, offering a rare opportunity for Tier-1 developers. Views: Positioned at a vantage point offering expansive views of the Peninsula and the Bay Area. Market Position: Perfectly timed to meet the critical housing shortage in the San Francisco Bay Area, targeting both the luxury owner-user and the high-end rental market.