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141 3rd Ave

Daly City, CA 94014
  • $4,695,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: ML81947911
UPDATED: 29 min ago
$4,695,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Approved 14 unit project with Daly City, seven duet units makes this project affordable and easy to construct. Value has held strong in Daly City. Each unit is three bed two and one half baths with ground floor room that has option to be converted to ADU perfect for work from home, rental or nuclear family. Exit pricing expected to be $1,250,000 per unit with existing comps. Entitlements good to March 2025. No BMR units, only in lieu fee to city. Project could be fully approved in twelve months or less.

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© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-12-08T10:53:52.843. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

Licensed in the State of California.
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141 3rd Ave Daly City, CA 94014

  • Price: $4,695,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 29 min ago
  • ID#: ML81947911
0
Beds
0
Baths
0
½ Baths
0.69
Acres
Neighborhood:
'Original' Daly City
County:
San Mateo
Area:
'Original' Daly City
Property Description
Approved 14 unit project with Daly City, seven duet units makes this project affordable and easy to construct. Value has held strong in Daly City. Each unit is three bed two and one half baths with ground floor room that has option to be converted to ADU perfect for work from home, rental or nuclear family. Exit pricing expected to be $1,250,000 per unit with existing comps. Entitlements good to March 2025. No BMR units, only in lieu fee to city. Project could be fully approved in twelve months or less.
Exterior Features

Fencing Chain LinkComplete Perimeter Lot Description Grade - Mostly LevelSurveyed

Property Features

Additional Listing Info Not Applicable City Limits Yes City Name DALY CITY Development Status Tentative Map Approved Hoa YN No Horse Property YN No Incorporated Yes Lot Size Area Maximum 30249.00 Lot Size Area Min 30249.00 Present Use Bare Land Property Sub Type Residential Development Land Sewer Septic Community Sewer / SepticSewer Available Utilities Electricity - Available at StreetGas - Available at StreetNatural GasPublic Utilities Water Water Available at Street Zoning 1D0000

Listing provided courtesy of Scott Kilpatrick of Newmark Cornish & Carey: 650-688-8539.



© 2023 MLSListings Inc. Based on information from MLSListings MLS as of 2023-12-08T10:53:52.843. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Real Estate Experts.

Licensed in the State of California.
Website powered by BoomTown.
 
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