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661 Sylvan St
Daly City, CA 94014
Offers Due Fri 3/25 at 6p · Multifamily Property For Sale · 4 Units

Attachments

Other

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,682 SF
No. Stories 3
Year Built 1965
Parking Ratio 1.54/1,000 SF
Zoning R3, Daly City

Amenities

Unit Amenities

  • Balcony

About 661 SYLVAN ST , DALY CITY, CA 94014

Open House Wednesday March 15th 3p-4p Friday March 17th 3p-4p. CALL FOR OFFERS Friday March 24th by 6:00p NAI Northern California's Armand Anicete and Robert Dau have been chosen as the exclusive advisors for 661 Sylvan St Daly City, CA. The subject property consists of 4 spacious units. There are 2-2bdr/2ba and 2-1bdr/1ba units. Each unit is separately metered and has a covered parking space. The current rental rates for each unit are significantly under market and have a tremendous amount of upside based on market rent and rental demand in the area. Two of the units to be delivered vacant at the close of escrow. This add value opportunity is perfect for an investor looking to have a strong cash flow and increase value post remodel. Market Pro-Forma Cap Rate: 7.49% Market Pro-Forma GRM: 10.60 The subject property is located in Daly City close to the Colma boarder. It is within proximity to the Colma BART Station, Serramonte Mall, 280 Metro Center, and many other amenities. Close to HWY 280.

Property Taxes

Property Taxes

Parcel Number
006-453-210
Land Assessment
$812,407
Improvements Assessment
$696,348
Total Assessment
$1,508,755
  • Listing ID: 6096807

  • Date on Market: 3/3/2017

  • Last Updated:

  • Address: 661 Sylvan St, Daly City, CA 94014

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