Home | San Mateo County | Daly City | 94015 | 265-273 88th St
265-273 88th St, Daly City, CA 94015
MLS: ML82013733 | Status: | Price: $22,375,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Acres Lot |
Yr Built |
| – |
– |
91,970 |
0.975 |
1966 |
265-273 88th Street is a rare eighty (80) unit multifamily portfolio comprising five (5) extremely well-maintained apartment buildings situated on two parcels in the heart of the highly desirable Broadmoor Neighborhood of Daly City. - Offered at $26M, this stabilized asset features a unit mix of (6) 3-Br/2-Ba, (6) 2-Br/2-Ba, (4) 2-Br/1-Ba, (62) 1-Br/1-Ba, and (2) Studio units, totaling over 91,000± square feet of gross building area. With a favorable price-per-unit of $325,000 and a price-per-square-foot of $283, this opportunity has strong in-place cash flow (5.23% current cap rate & 11.33 current GRM) -- 265 88th St (4-units), 273 88th St (20-units), 1145 Edgeworth (18-units), 1157 Edgeworth (18-units), 374 89th St (20-units). SIGNIFICANT CAPITAL IMPROVEMENTS have been completed, including voluntary seismic upgrade, updated windows across all buildings, upgraded main electrical panels (25'), deck re-coating and rail painting (25'), updated water heaters, bird proofing, and extensive interior unit updates, with most units having been updated in the past 5-7 years. All units are individually metered for gas and electric, and twelve (12) units offer central forced-air heating.
| Field |
Value |
| MLS # |
ML82013733 |
| MLS Source |
MLSListings, Inc. |
Features
Interior Features
| Feature |
Details |
| Kitchen |
Countertop - Granite |
| Appliances |
Dishwasher, Oven Range - Electric |
| Flooring |
Laminate |
| Laundry |
Coin Operated |
| Cooling |
None |
| Heating |
Central Forced Air, Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Tar/Gravel |
| Foundation |
Slab, Quake Bracing |
| Pool |
Community Facility |
| Feature |
Details |
| Garage/Parking |
Assigned Spaces, Covered Parking, Garage: 0 Car(s) |
| Elementary District |
Jefferson Elementary San Mateo |
| High School District |
Jefferson Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Complex Amenities |
Community Pool |
| Zoning |
SC(C-0) |
| Listing Agent |
Co-Listing Agent |
| Nate Gustavson |
Cameron Foster |
| Compass |
|
| License #: 01898316 |
License #: 00972394 |
| Phone: (415) 786-9410 |
Phone: (415) 699-6168 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 5 |
76 |
80 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
1,128 |
3 |
2/0 |
$3,131 |
$3,900 |
6 |
| 2 |
902 |
2 |
2/0 |
$2,741 |
$3,000 |
6 |
| 3 |
821 |
2 |
1/0 |
$2,200 |
$3,000 |
4 |
| 4 |
677 |
1 |
1/0 |
$2,100 |
$2,300 |
62 |
| 5 |
518 |
0 |
1/0 |
$1,476 |
$1,890 |
2 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410.