6387-6389 Mission St
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6387-6389 Mission St
3,100 SF 100% Leased Retail Building Daly City, CA 94014 $1,488,000 ($480/SF) 5.23% Cap Rate
Investment Highlights
- Residential units feature wonderful panoramic city and coastal views.
- Minutes to freeways to downtown San Francisco and Silicon Valley.
Executive Summary
Rare opportunity to buy a 3-unit mixed-use building in prime Top-of-the-Hill Mission Street (Daly City) location. Building features commercial store on main level and 2 residential units above (one 2/2 and one 2/1). Bus line at the front door assures strong foot traffic for the retail store and convenience for residential tenants. Walking distance to BART, schools, dining, and shopping. 1st time on the market in almost 40 years. Year built is approximate.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2022) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,100 SF
Building Class
C
Year Built
1940
Price
$1,488,000
Price Per SF
$480
Cap Rate
5.23%
NOI
$77,822
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.19
Land Acres
0.06 AC
Zoning
CL00C1 - Commercial Multi-Use
Frontage
24 FT on Mission St
Amenities
- Signage
- Air Conditioning
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 003-210-090 | Total Assessment | $377,909 (2023) |
Land Assessment | $112,576 (2023) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $265,333 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
003-210-090
Land Assessment
$112,576 (2023)
Improvements Assessment
$265,333 (2023)
Total Assessment
$377,909 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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Presented by
Trinity Realty
6387-6389 Mission St
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