NOT LISTED FOR SALE

Estimated Value: $1,208,476

2 Beds
2 Baths
2,500 Sq Ft
$483/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $1,170,000 $468 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,495/month

107 Days on Market

About This Home

As of March 2024

Mixed-use property located in the heart of Daly City. Two vacant resident units upstair, each featuring a 1-bedroom, 1-bathroom layout . Both units renovated two years ago with permits, including updated kitchen and bathroom, new appliances. All windows now featuring double pane glass for improved insulation, etc. Two commerical units tenant operating salon and massage, salon rent for $1,500 each month and massage rent for $2,060 each month. The property is within walking distance of the Daly City Bart Station, next to the bus station. Additionally, easy access to highways 280 and 101 and is surrounded by convenient neighborhood amenities, close by Walgreens, and restaurants.

Last Agent to Sell the Property

Maggie Wu

RE/MAX Gold of Daly City License #01825198 Listed on: 10/30/2023

RE/MAX Gold of Daly City

Last Buyer's Agent

James Adams

EMJ Capital Realty Corp. License #02110039

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,914

Year Built

  • 1927

Lot Details

  • 1,947 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 2,500 Sq Ft Home
  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

Community Details

Overview

  • 2,500 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $5,000
  • Maintenance Expense $1,000
  • Operating Expense $14,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,914

Year Built

1927

Lot Details

0

Listing Details

  • Zoning: CL00C1
  • Subclass: Fourplex
  • Age: 96
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1927

Interior Features

  • Living Sq Ft: 2500
  • Security: Window Bars

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.0447
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3900.00

Rental Info

  • Existing Lease Term(s): 6-10 Years Lease
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 5000
  • Expense Maintenance: 1000
  • Expenses Total: 14500
  • Income Includes: Lease
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 4
  • Operating Expenses Include: Cable Tv
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2023
Closed on
Feb 28, 2024
Sold by
Maggie Wu Family Trust
Bought by
Duenas Everardo and Duenas Rosa
Seller's Agent
Maggie Wu
RE/MAX Gold of Daly City
Buyer's Agent
James Adams
EMJ Capital Realty Corp.
List Price
$1,210,000
Sold Price
$1,170,000
Premium/Discount to List
-$40,000
-3.31%
Views
117
Current Estimated Value
$1,208,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,476
Avg. Annual Appreciation
2.15%
Original Mortgage
$150,000
Interest Rate
6.6%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Wu Maggie Yanping
Bought by
Wu Maggie Yanping and Maggie Wu Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2010
Sold by
Lee Janson H and Lee May H
Bought by
Lee Janson H and Lee May H
Source: Public Records

Range of Values:

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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
Duenas Everardo $1,170,000 Old Republic Title
Wu Maggie Yanping -- Usa National Title Co
Wu Maggie Yanping $800,000 Usa National Title Company
Lee Janson H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duenas Everardo $750,000
Closed Duenas Everardo $150,000
Closed Duenas Everardo $750,000
Previous Owner Wu Maggie Yanping $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $1,170,000 -3.3% $468 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $1,210,000 0.0% $484 / Sq Ft
02/05/2024 02/05/24 For Sale $1,210,000 +3.4% $484 / Sq Ft
02/01/2024 02/01/24 Off Market $1,170,000 -- --
11/26/2023 11/26/23 Price Changed $1,239,000 -4.6% $496 / Sq Ft
10/30/2023 10/30/23 For Sale $1,299,000 -- $520 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $10,914 $1,193,400 $948,600 $244,800
2023 $10,914 $816,000 $795,600 $20,400
2022 $9,869 $800,000 $780,000 $20,000
2021 $7,058 $533,213 $162,456 $370,757
2020 $7,382 $527,747 $160,791 $366,956
2019 $7,833 $517,400 $157,639 $359,761
2018 $7,946 $507,256 $154,549 $352,707
2017 $7,679 $497,311 $151,519 $345,792
2016 $6,803 $487,561 $148,549 $339,012
2015 $6,155 $480,238 $146,318 $333,920
2014 $6,360 $470,831 $143,452 $327,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81946606

MLSListings

APN: 004-050-220