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$22,375,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 91,970 Sq. Ft.
  • 0.9757 Acres
See This Home
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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.

Full Property Details for 265-273 88th St

General

  • Sold For: $22,375,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82013733
  • Added to Site: 255 day(s) ago

Interior

  • Flooring: Laminate

Rooms

Other Rooms

  • Kitchen: Granite Countertop, Dishwasher, Electric Oven/Range, Refrigerator
  • Laundry: Coin-Operated

Additional Information

  • Pool: Yes
  • Pool Description: Pool - Fenced, Pool - In Ground
  • Security/Safety: Fire Alarm

Parking

  • Parking Features: Assigned Spaces, Covered Parking

Location

  • Area: 'Original' Daly City
  • County: San Mateo
  • Cross Streets: Edgeworth Street

Community

  • Assoc. Fees Include: Community Pool, Trash Chute

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer, Sewer Connected
  • Water: Public
  • Telecomm.: Cable TV
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Master Water, Separate Common Area

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Slab, Quake-Bracing
  • Roof: Tar and Gravel
  • Disability Access: Other
  • Square Feet: 91,970
  • Year Built: 1966

Unit Information

Unit 1

  • Square Feet: 1128
  • Bedrooms: 3

Unit 2

  • Square Feet: 902
  • Bedrooms: 2

Unit 3

  • Square Feet: 821
  • Bedrooms: 2

Unit 4

  • Square Feet: 677
  • Bedrooms: 1

Lot Features

  • Property View: City, Golf Course
  • Lot Size (Acres): 0.9757
  • Minimum Lot Size: 42500
  • Building Sites: 5
  • Grounds/Landscape: Balcony / Patio
  • Zoning: SC(C-0)
  • Lot Description: Gently Sloped, Mostly Level

Disclosures and Reports

  • Restrictions: None

Listed by Compass, Nate Gustavson and Compass, Cameron Foster
Sold by Comp13, John Antonini

Listing agents

— 265-273 88th St —

  • Nate Gustavson

    Compass

  • Cameron Foster

    Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 265-273 88th St

Date
Details
Price
Change
Source
10/15/2025
Sold
$22,375,000
-13.94%
MLS
7/08/2025
Listed
$26,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, Nate Gustavson and Compass, Cameron Foster
Sold by Comp13, John Antonini

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265-273 88th St, Daly City, CA 94015 (MLS# ML82013733) is a Commercial Residential Facility property that was sold at $22,375,000 on October 15, 2025. Want to learn more about 265-273 88th St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Daly City? You can browse all Daly City real estate or contact a Coldwell Banker agent to request more information.