299 Rhine Street in Daly City offers a well-maintained and thoughtfully upgraded triplex positioned atop a hill with sweeping neighborhood and city views. Daly City remains a stable and consistently strong rental market, supported by proximity to San Francisco and steady demand from major employment hubs, including Oyster Point's biotech… Read More corridor. The property features three fully renovated one-bedroom units. The building includes (1) 1 Bed 1 Bath, a (1) 1 Bed 1 Bath w/ private garage, and an oversized (1) 1 Bed 1 Bath w/a bonus room ideal for a home office, guest space, or added living area. All units have been tastefully updated to enhance tenant appeal and reduce near-term capital needs. Amenities include an on-site laundry room and a private rear yard for tenant enjoyment. Tenants are billed back for utilities, supporting improved operational efficiency. Conveniently located near Serramonte Center, BART, San Francisco State University, Thornton State Beach, and San Bruno Mountain Park, the property also offers easy access to I-280 and Hwy 101 for commuting throughout the Bay Area. With renovated interiors, desirable amenities, and a prime hilltop setting, 299 Rhine Street represents an excellent multifamily investment opportunity in a proven rental market. Read Less
Listed by: Compass, Tyler Charron 650-675-4825
Listing Snapshot
Days Online
26
Last Updated
Property Type
Triplex
Square Ft.
2,260
Lot Size
0.06 Acres
Year Built
1926
MLS Number
ML82035575
30 Days Snapshot Of 94014
$1.02M
+64%
(avg) sold price
7
+600%
homes sold
26
+420%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 2500.00, Max Area Units: Square Feet
Unit One
1 bedroom in unit 1, Unit 1 rent: $2,250
Unit Two
1 bedroom in unit 2, Unit 2 rent: $2,450
Unit Three
1 bedroom in unit 3, Unit 3 rent: $2,650
Accessibility Features
Other
Building
Built in 1926, 3 building units, 1 building, 2,260 structure square feet
Roof
Flat / Low Pitch, Rolled Composition
Utilities
Public Utilities
Sewer
Sewer - Private
Security Features
Other
Heating
Central Forced Air - Gas
Cooling
Other
Floors
Laminate
Foundation
Concrete Slab
Kitchen
Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator
Laundry
Washer / Dryer
Water Features
Individual Water Meter, Private / Mutual
Garage
1 garage space
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
Property
Back Yard, Low Maintenance
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