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141 3rd Avenue

Daly City, CA 94014
  • $4,695,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: ML81952089
UPDATED: 75 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

School District:
Listing Agent(s): Scott Kilpatrick of Newmark Cornish & Carey ((408) 727-9600)


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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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T19:33:26.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/146822104
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141 3rd Avenue Daly City, CA 94014

  • Price: $4,695,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 75 min ago
  • ID#: ML81952089
0
Beds
0
Baths
0
½ Baths
0.69
Acres
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
School District:
Other
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 Link Parking Total 0 View YN No

Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Possession Close Of Escrow Special Listing Conditions Standard Utilities Natural Gas Available Zoning 1D0000



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T19:33:26.893. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Scott Kilpatrick of Newmark Cornish & Carey ((408) 727-9600)