NOT LISTED FOR SALE

198 Willits St Daly City, CA 94014

Hillside Neighborhood

Estimated Value: $944,000 - $1,178,708

4 Beds
2 Baths
1,060 Sq Ft
$977/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $890,000 $840 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,446/month

76 Days on Market

Highlights

  • Traditional Architecture
  • Park or Greenbelt View
  • Fireplace
  • Westmoor High School Rated A-
  • Granite Countertops
  • 3-minute walk to Marchbank Park

About This Home

As of October 2020

Excellent investment opportunity, live in one and get the benefits of the income from the second unit. Easy access to the freeway, walking distance to the Daly City Bart Station, near to shopping centers, theater cross street from Marchbank Park, and more amenities.

Last Agent to Sell the Property

Hector Vasquez

Coldwell Banker Realty License #01425310 Listed on: 07/01/2020

Coldwell Banker Realty

Last Buyer's Agent

Jaime Peraza

Century 21 Baldini Realty License #01479258

Property Details

Home Type

  • Multi-Family

Year Built

  • 1937

Lot Details

  • 1,481 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Traditional Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Park or Greenbelt Views
  • Granite Countertops
  • Washer and Dryer

Flooring

  • Laminate
  • Tile

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $54,000

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Operating Expense $299,972
  • Gross Income $13,500

Property Details

Home Type

Multi-Family

Year Built

1937

Lot Details

1,481 Sq Ft Lot

Listing Details

  • Zoning: R1000A
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1060
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Interior Features

  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1060
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile

Exterior Features

  • Roof: Tar And Gravel
  • View: Park

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Parking Area

Utilities

  • Heating System: Central Forced Air, Fireplace, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1482.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1482.00

Rental Info

  • Gross Rent Multiplier: 17.59
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 299972
  • Income Annual Gross: 13500.00
  • Income Annual Rental: 54000
  • Income Gross Scheduled: 54000
  • Income Includes: Owners Unit Rental
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Tobar Andres R and Tobar Sofia A
Bought by
Tobar Andres R and Tobar Sofia A
Current Estimated Value
$1,035,177

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 7, 2020
Sold by
Wemiz Rafael N and Wemiz Elba S
Bought by
Tobar Andres R and Tobar Sofia A
Seller's Agent
Hector Vasquez
Coldwell Banker Realty
Buyer's Agent
Jaime Peraza
Century 21 Baldini Realty
List Price
$950,000
Sold Price
$890,000
Premium/Discount to List
-$60,000
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Jan 23, 2018
Sold by
Wemiz Rafael N and Wemiz Elba S
Bought by
Wemiz Rafael N and Wemiz Elba S

Purchase Details

Closed on
Mar 26, 1999
Sold by
Wemiz Rafael N and Wemiz Elba S
Bought by
Wemitz Rafael N and Wemitz Elba S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1996
Sold by
Nye Isabelle B and Nye Marcella
Bought by
Wemiz Rafael N and Wemiz Elba S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tobar Andres R -- None Available
Tobar Andres R $890,000 Calatlantic Title Inc
Wemiz Rafael N -- None Available
Wemiz Rafael N -- None Available
Wemitz Rafael N -- Financial Title Company
Wemiz Rafael N $155,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wemitz Rafael N $167,000
Previous Owner Wemiz Rafael N $116,250
Closed Wemiz Rafael N $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Off Market $890,000 -- --
02/04/2025 02/04/25 Off Market $890,000 -- --
10/15/2020 10/15/20 Sold $890,000 0.0% $840 / Sq Ft View Prior Sale
10/15/2020 10/15/20 Sold $890,000 -6.3% $840 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/15/2020 09/15/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $950,000 0.0% $896 / Sq Ft
06/11/2020 06/11/20 For Sale $950,000 -- $896 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,006 $963,362 $671,106 $292,256
2023 $12,006 $925,956 $645,048 $280,908
2022 $10,842 $907,800 $632,400 $275,400
2021 $10,457 $890,000 $620,000 $270,000
2020 $3,496 $230,812 $115,406 $115,406
2019 $3,000 $226,288 $113,144 $113,144
2018 $2,985 $221,852 $110,926 $110,926
2017 $3,088 $217,502 $108,751 $108,751
2016 $2,761 $213,238 $106,619 $106,619
2015 $2,658 $210,036 $105,018 $105,018
2014 $2,736 $205,922 $102,961 $102,961
Source: Public Records

Agents Affiliated with this Home

  • Hector Vasquez

    Seller's Agent in 2020

    Hector Vasquez

    Coldwell Banker Realty

    (510) 828-6510

    85 Total Sales

    Hector Vasquez
    Section Image
  • Jaime Peraza

    Buyer's Agent in 2020

    Jaime Peraza

    Century 21 Baldini Realty

    (650) 892-4556

    1 in this area

    54 Total Sales

    Jaime Peraza
    Section Image
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Map

Source: MLSListings

MLS Number: ML81796127

MLSListings

APN: 002-283-250

California San Mateo County Daly City 94014 Hillside

198 Willits St, Daly City, CA

Not Listed for Sale

MultiFamily

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