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265-273 88th Street, DALY CITY, CA 94015 (MLS # ML82013733)

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PRICE $26,000,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 91,970 sqft
LOT SIZE 42,502 sqft
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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.

LAST UPDATED 7/8/2025 YEAR BUILT 1966
COUNTY San Mateo STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Jefferson Elementary
Jr. High School Benjamin Franklin Intermediate
High School Jefferson High


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Electric Range, Oven, Range, Refrigerator
CONSTRUCTION Frame
HEAT Central, Forced Air, Wall Furnace
LOT 0.9757 acre(s)
LOT DESCRIPTION Gentle Sloping
LOT DIMENSIONS 42500.00
PARKING Assigned, Covered
POOL DESCRIPTION Fenced, In Ground
SEWER Public Sewer
TAXES 298844
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION City, Golf Course
WATER Public
ZONING SC(C-0)
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only
Listed by Nate Gustavson | 415-786-9410, Compass

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 7/9/25 6:33 AM PDT. 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.

Copyright 2025 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2025.


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Juliana Lee, Silicon Valley Real Estate Agent

Juliana Lee - MBA LL.B.

650-857-1000
[email protected]

Juliana Lee Team
JLee Realty
4260 El Camino Real
Palo Alto, CA 94306

dre:00851314

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email: [email protected]

Silicon Valley Real Estate Agent - DRE License: 00851314

 

Juliana Lee Team
4260 El Camino Real
Palo Alto, CA 94306
Juliana Lee, Broker

 

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