3344 San Jose Ave - Specialty FOR SALE


Daly City, CA 94014- Hillside
$1,250,000 USD
650-863-2427
3344 San Jose Ave, Daly City, CA for Sale
$1,250,000 USD
Specialty - FOR SALE
1/2
null | 4.84% Cap Rate

3344 San Jose Ave
Daly City, CA 94014
Hillside


OVERVIEW

3344 San Jose Avenue presents a rare opportunity to acquire a strategically located commercial property offering three distinct investment strategies: a stable income-producing asset, an owner/user opportunity, and a long-term mixed-use redevelopment play. Offered at $1,250,000, the property consists of a 3,451-square-foot commercial building situated on a 0.18-acre parcel with 10 on-site parking spaces. The property is currently leased, generating an annual Net Operating Income (NOI) of $60,872, providing immediate cash flow while preserving future upside. For investors, the existing tenancy offers stable in-place income with the opportunity for future rental growth and long-term appreciation in one of the Bay Area's most supply-constrained markets. For owner/users, the property represents an opportunity to control occupancy costs by owning rather than leasing, while building long-term equity in a well-located commercial asset. The building's functional layout, dedicated parking, and excellent accessibility make it suitable for a wide range of professional, medical, retail, office, and service-related businesses. Most compelling is the property's confirmed Commercial Mixed-Use (C-MU) zoning, which creates significant redevelopment potential. The zoning allows developers to capitalize on Daly City's housing initiatives through the development of a mixed-use project featuring ground-floor retail or commercial space with residential units above. This flexibility positions the property to benefit from continued housing demand, limited land availability, and the City's commitment to encouraging higher-density infill development along key commercial corridors. Whether pursued as a stabilized investment, owner/user acquisition, or future redevelopment opportunity, 3344 San Jose Avenue offers exceptional flexibility, multiple exit strategies, and meaningful long-term value creation. Its combination of immediate income, strategic location, redevelopment potential, and attractive acquisition price makes it a compelling opportunity for a broad range of buyers.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$430 USD /SF

CAP RATE

4.84%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,052 SF

ZONING

CL00C1

APN/PARCEL ID

003-041-150

ASK ABOUT THIS PROPERTY

Gavin McDowellEngel & VolkersMore Info
650-863-2427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gavin McDowellEngel & VolkersMore Info
650-863-2427

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.