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3344 San Jose Ave 2,908 SF Specialty Building Offered at $1,756,625 CAD at a 4.84% Cap Rate in Daly City, CA 94014


Executive Summary
3344 San Jose Avenue presents a rare opportunity to acquire a strategically located commercial property offering three distinct investment strategies: a stable income-producing asset, an owner/user opportunity, and a long-term mixed-use redevelopment play.
Offered at $1,250,000, the property consists of a 3,451-square-foot commercial building situated on a 0.18-acre parcel with 10 on-site parking spaces. The property is currently leased, generating an annual Net Operating Income (NOI) of $60,872, providing immediate cash flow while preserving future upside.
For investors, the existing tenancy offers stable in-place income with the opportunity for future rental growth and long-term appreciation in one of the Bay Area's most supply-constrained markets.
For owner/users, the property represents an opportunity to control occupancy costs by owning rather than leasing, while building long-term equity in a well-located commercial asset. The building's functional layout, dedicated parking, and excellent accessibility make it suitable for a wide range of professional, medical, retail, office, and service-related businesses.
Most compelling is the property's confirmed Commercial Mixed-Use (C-MU) zoning, which creates significant redevelopment potential. The zoning allows developers to capitalize on Daly City's housing initiatives through the development of a mixed-use project featuring ground-floor retail or commercial space with residential units above. This flexibility positions the property to benefit from continued housing demand, limited land availability, and the City's commitment to encouraging higher-density infill development along key commercial corridors.
Whether pursued as a stabilized investment, owner/user acquisition, or future redevelopment opportunity, 3344 San Jose Avenue offers exceptional flexibility, multiple exit strategies, and meaningful long-term value creation. Its combination of immediate income, strategic location, redevelopment potential, and attractive acquisition price makes it a compelling opportunity for a broad range of buyers.
Offered at $1,250,000, the property consists of a 3,451-square-foot commercial building situated on a 0.18-acre parcel with 10 on-site parking spaces. The property is currently leased, generating an annual Net Operating Income (NOI) of $60,872, providing immediate cash flow while preserving future upside.
For investors, the existing tenancy offers stable in-place income with the opportunity for future rental growth and long-term appreciation in one of the Bay Area's most supply-constrained markets.
For owner/users, the property represents an opportunity to control occupancy costs by owning rather than leasing, while building long-term equity in a well-located commercial asset. The building's functional layout, dedicated parking, and excellent accessibility make it suitable for a wide range of professional, medical, retail, office, and service-related businesses.
Most compelling is the property's confirmed Commercial Mixed-Use (C-MU) zoning, which creates significant redevelopment potential. The zoning allows developers to capitalize on Daly City's housing initiatives through the development of a mixed-use project featuring ground-floor retail or commercial space with residential units above. This flexibility positions the property to benefit from continued housing demand, limited land availability, and the City's commitment to encouraging higher-density infill development along key commercial corridors.
Whether pursued as a stabilized investment, owner/user acquisition, or future redevelopment opportunity, 3344 San Jose Avenue offers exceptional flexibility, multiple exit strategies, and meaningful long-term value creation. Its combination of immediate income, strategic location, redevelopment potential, and attractive acquisition price makes it a compelling opportunity for a broad range of buyers.
Property Facts
| Price | $1,756,625 CAD | Building Class | C |
| Price Per SF | $509.02 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment or Owner User | Building Size | 3,451 SF |
| Cap Rate | 4.84% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 2.9/1,000 SF |
| Zoning | CL00C1 | ||
| Price | $1,756,625 CAD |
| Price Per SF | $509.02 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.84% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 3,451 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 2.9/1,000 SF |
| Zoning | CL00C1 |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 003-041-150 | Improvements Assessment | $105,409 CAD |
| Land Assessment | $31,004 CAD | Total Assessment | $136,412 CAD |
Property Taxes
Parcel Number
003-041-150
Land Assessment
$31,004 CAD
Improvements Assessment
$105,409 CAD
Total Assessment
$136,412 CAD
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3344 San Jose Ave
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