40 Peoria Street

40 Peoria Street

Sold

Daly City, CA 94014

$1,261,000 Marketing Sheet

40 Peoria Street is a true pride of ownership duplex located in "Old Daly City". -- Fully renovated, and individually metered for water, gas, and electric these units have minimal landlord expenses. 

Known as the “Gateway to the Peninsula”, Daly City is located at the northernmost edge of San Mateo County adjacent to San Francisco and extends from the Pacific Ocean on the west to nearly San Francisco Bay on the east. Daly City, central to two of the Bay Area’s major job growth zones of San Francisco and San Mateo counties, has become a regional hub for retail, healthcare, and small business. Because of its central location, diversified economy, excellent transportation links, and a growing young and productive labor force, Daly City’s future for economic growth is bright.

According to the California State Department of Finance, Daly City has a current population of 102,593, which makes it San Mateo County’s largest city by population. The City is expected to remain in this position for the next twenty-five years according to the Association of Bay Area Governments (ABAG).

Cap Rate: 4.03% NOI: $50,913 Livable Sq. Ft: 2,305

Built in 1912 2 units Lot Sq. Ft: 2,375

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