65846582 Mission Street, Daly City, CA 94014

$895,000
2,554
SqFt

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List Price
$895,000
Status
ACTIVE
MLS#
ML82059638
Year Built
1948
Living Sq. Ft
2,554
Lot Size
1,262
Acres
0.03
Days on Market
9
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

6584 Mission Street is a mixed-use investment or owner-user opportunity on the Daly City/San Francisco border. Built in 1948, the 2,554 SF building offers a fully built-out ground-floor restaurant with full commercial kitchen and an expansive basement for storage and prep, plus two top-floor studios for diversified income. Most recently home to Lisa's Mexican Restaurant, a neighborhood fixture for decades, the space is turnkey for a restaurateur or small-business owner. High-visibility frontage on the Mission Street corridor delivers strong foot and vehicle traffic, with BART, SamTrans, Muni, and I-280 minutes away and a dense, walkable neighborhood of markets, restaurants, and daily conveniences keeping residential demand steady. Daly City's more landlord-friendly regulatory framework adds appeal versus neighboring San Francisco while drawing a similar high-density tenant pool. One studio is vacant and ready for lease-up at market rents or available as the owner's residence; the other is occupied with upside at turnover. Projected 6.9% cap rate at full lease-up. Owner-users may qualify for up to 90% SBA financing (10% down), using residential income to help service debt a rare low-down-payment path to owning on a premier commercial corridor.

Additional Information

Taxes
$11,926
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition
Sewer
Public Sewer
Water
Public
School District
Other
Elementary School
Woodrow Wilson
Middle School
Other
High School
Other
Attached Structure
Detached
Gross Scheduled Income
$85,200

Listing courtesy of Listing Agent: Ismael Benhamida (ismael@benhamidagroup.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.