40 Goethe Street

Daly City, CA 94014

$2,100,000
Last Sold Price
Beds
6,720 Sq. Ft.
$313 / Sq. Ft.
6,720
Sq. Ft.
$313
per Sq. Ft.

Description

NO rent control! Investors? Make this income producing triplex a welcome addition to your real estate investment portfolio! An 8BR/7.5BA was built in 1991 on the boundary of Daly City and San Francisco. Close to transportation, dining, shopping, schools, freeways, supermarkets, train station, and airport. The building is handicap accessible. Stunning city views on the third floor, 3BR/2.5BA with fireplace, and 0BR/1BA with kitchenette; Spacious second floor units 3BR/1.5BA and 2BR/1.5BA. Ground floor...NO rent control! Investors? Make this income producing triplex a welcome addition to your real estate investment portfolio! An 8BR/7.5BA was built in 1991 on the boundary of Daly City and San Francisco. Close to transportation, dining, shopping, schools, freeways, supermarkets, train station, and airport. The building is handicap accessible. Stunning city views on the third floor, 3BR/2.5BA with fireplace, and 0BR/1BA with kitchenette; Spacious second floor units 3BR/1.5BA and 2BR/1.5BA. Ground floor has a small office and a full basement. One of the three rooms in the garage is a studio with a kitchen/bath, a ton of storage, and access to the backyard. The other two rooms share a bathroom. Every unit has a washer and dryer, and a separate utility meter paid for by the tenant. All units are fully rented and on time rent payments.
  1. Listed by Carolynn Castaneda-Bernabe • DRE #01415767 • Twelve Pillars Realty • 650-296-1738

Property Details for 40 Goethe Street

MLS City Name
DALY CITY
Building Type
TRIPLEX
Garage Spaces
3
Parking Spaces
2
View
City Lights

Location

Listing Courtesy of Twelve Pillars Realty, Carolynn Castaneda-Bernabe, DRE #01415767

Sold By Hestia Real Estate Inc., Lei Wu, DRE #02075546

Add your commute
LISTING UPDATED: 11/12/2022 09:20 AM

Property Details for 40 Goethe Street

StatusSold
MLS #ML81907380
Days on Compass33
Taxes$17,287 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / TRIPLEX
Year Built1991
Lot Size0.09 AC / 4,100 SF
CountySan Mateo County

Location

Listing Courtesy of Twelve Pillars Realty, Carolynn Castaneda-Bernabe, DRE #01415767

Sold By Hestia Real Estate Inc., Lei Wu, DRE #02075546

Add your commute

Building Information for 40 Goethe Street

Stories3Residences3Year Built1991Building Size-Lot Size0.09 AC / 4,100 SF

Payment Calculator

$12,901 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$1,441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Goethe Street

Features
Room Information
  • Additional Rooms: Office Area, Other
  • Kitchen: Appliances - Vary by Unit, Microwave, Refrigerator, Varies by Unit
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 6720
  • Pool: No
  • Security Features: Fire Alarm , Fire System - Sprinkler, Video / Audio System
  • Special Features: Wheelchair Access
Utilities
  • Cooling: None
  • Heating: Central Forced Air, Fireplace , Gas
  • Meters: Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Gate / Door Opener, Off-Street Parking, On Street, Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: 'Original' Daly City
  • Roof: Shingle
  • Stories: 3.0
  • Subclass: Triplex
  • Year Built Source: Assessor
  • Street Number: 40
  • Street Name: Goethe
  • Street Suffix: Street
  • Area ID: 690
Lot / Property Details
Building Information
  • Number Of Stories: 3
  • Number of Buildings: 1
  • Structure SqFt: 6720
  • Structure SqFt Source: Assessor
  • Age: 31
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R30000
Location Information
  • Parcel Number: 004-031-210
  • County Name: San Mateo
  • City Name: DALY CITY
  • City Postal ID: 13
  • Postal Code: 94014
  • Elementary School District: 693
  • High School District Text: Jefferson Union High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .09
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
General Information
  • Annual Tax Amount: $17,287
  • Building Unit Total: 3
  • Capitalization Rate: 6.18
  • Tenant Expenses: Maintenance - Interior , Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Improvements, Mgrs Unit Rental, Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,500
  • Expense Landscape: $0
  • Expense Maintenance: $1,200
  • Expense Management: $0
  • Expense Trash: $1,200
  • Expenses Other: $1,500
  • Expenses Utility: $3,000
  • Expenses Total: $26,687
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Other
  • Gross Rent Multiplier: 13.52
  • Income Annual Gross: $162,000
  • Income Annual Rental: $160,800
  • Income Gross Scheduled: $162,000
  • Income Other: $1,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,850
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,200
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $3,000
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 0
  • Unit 4 Rent: $1,250
Listing Info
Rental Info
  • Lease Type: Net

Property History for 40 Goethe Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Goethe Street

Taxable ValueLand$1,000,000Additions$1,100,000Total$2,100,000
Tax Record2023$24,778 ($2,065 / month)
Home Facts
Baths7.5Total Finished SqFt7,860 SqFtAbove Grade Finished SqFt6,720 SqFtFinished Basement SqFt1,140 SqFtStories3Lot Size4,100 SqFtStyleTriplexYear Built1991ZoningR30000CountySAN MATEOAPN004-031-210Fireplace TypeHas Fireplace

Schools near 40 Goethe Street

This home is within Jefferson Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
George Washington Elementary School
PublicK to 5

Thomas R. Pollicita Middle School
Public6 to 8

Westmoor High School
Public9 to 12

Oceana High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Twelve Pillars Realty, Carolynn Castaneda-Bernabe, DRE #01415767

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.