56 Edgewood Ct - Apartments FOR SALE


Daly City, CA 94014- Hillside
$2,300,000 USD
510-200-4449
56 Edgewood Ct, Daly City, CA for Sale
$2,300,000 USD
Apartments - FOR SALE
1/24
null | 4.24% Cap Rate

56 Edgewood Ct
Daly City, CA 94014
Hillside


HIGHLIGHTS

  • Currently 2 vacancies. You can get new tenants in at top market rate rents.
  • View of the Pacific Ocean
  • Pocket park across the street

OVERVIEW

An exceptional opportunity awaits both owner-occupiers and investors with this well-maintained fourplex located in Daly City’s desirable Eastern Hilltop neighborhood, specifically in the Crocker and St. Francis Heights area. Whether you're looking to live in one unit while generating rental income or seeking a solid investment property, this is a rare find. The building features spacious two-bedroom units, each offering sweeping views of the Pacific Ocean and directly facing Edgewood Park, a beautiful neighborhood green space just across the street. 2 units are currently vacant—perfect for an owner-occupant looking to move in immediately. Additional highlights include secured garage parking, off-street parking, and on-site laundry facilities. The property is ideally situated near shops, restaurants, Thornton State Beach, Mussel Rock Park, and offers easy access to public transportation (BART) as well as a quick commute to San Francisco. Importantly, Daly City has NO city rent control, a key advantage that adds significant value to income properties in the area. Please write the offers - subject to inspection. PLEASE do not bother the tenants, respect tenants' rights. Pre-escrow is opened with Chicago Title. 510-733-2635. eSCROW # fwac-5872500362. DISCLOSURE LINK HERE: https://app.disclosures.io/link/56-Edgewood-Court-sw7afm15 ( COPY & PASTE). 'GUARANTEED LOWER RATE ON THIS PROPERTY - ASK ME HOW!'

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$408 USD /SF

# OF UNITS

4

PRICE/UNIT

$575,000

CAP RATE

4.24%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

003-392-400

ASK ABOUT THIS PROPERTY

John MorraCentury 21More Info
510-200-4449

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

John MorraCentury 21More Info
510-200-4449

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