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Sold for $2,000,000 · Sep 2024

SOLD

Listed at $2,250,000

Sold

198 W Moltke Street, Daly City, CA 94014

Daly City, CA

MLS# ML81955718

5,979 Sq Ft • Mixed Use
150 days on market

Listing Agent

Valerie Hinton

Listing Agent

Valerie Hinton, Broker

DRE #: 01828277

Brokerage: Valerie Hinton, Broker

Property Details

N/A

Bedrooms

0

Bathrooms

5,979 sqft

Square Feet

1931

Year Built

4,320 sqft

Lot Size

$335

Price/Sq Ft

6

Garage Spaces

N/A

HOA

Mixed Use

Property Type

Description

This "Original Daly City" 6 unit apartment built in 1931 has been meticulously maintained and loved. It has not been on the market for over 45 years. Excellent location with easy access to freeways, downtown SF, Mid Peninsula, SFO, Walking distance to BART, and public bus transportation. Located just blocks from Junipero Serra Blvd and Mission and all it's amenities. Close to Schools, shops, restaurants, and more. This property features one 2bd/1bth, and five 1bd/1bth units. 3 of the units have been completely updated and 3 of the units have been partially updated.Each unit has its own one car garage, and is individually metered. This allows each unit to pay for their own gas, electric, garbage, and water, which offers a significant savings to the owner. Newly painted and a newer roof. Great long term tenants. A great investment property, or a multi-generational family compound.Don't miss out on this remarkable chance to own a piece of Daly City's history that offers financial rewards.

Listing description from the September 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
FloorFurnace, WallFurnace
Taxes
$6,800/yr

Sale history for 198 W Moltke Street

1 recorded sale

$2,000,000
Sold September 2024 · listed $2,250,000, on market February 2024, 150 days on market · MLS #ML81955718 · Source: CRMLS
Listing Agent: Valerie Hinton · Listing Office: Valerie Hinton, Broker · Contact: (650) 773-2042 · Bought with: William Lee

How this sale compares

198 W Moltke Street sold for $2,000,000 in September 2024, 11% under its $2,250,000 list price, after 150 days on the market. That works out to $335 per square foot on 5,979 square feet. Across 25 closed sales in 94014 over the last 12 months, the median sold price is $1,100,000 and the median is $699 per square foot, 109% above this sale's $335.

$335
This sale, per sq ft
$699
94014 median per sq ft (12 mo)
$1,100,000
94014 median sold price (12 mo)
25
Closed sales in 94014 (12 mo)
150
Days on market
−11%
Sold vs. list price
QuarterClosed sales in 94014Median sold price
Q1 20262$952,000
Q2 202610$1,102,500
Q3 202612$1,085,000
Q4 20261$1,550,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Daly City · Homes for sale in 94014

Recent sales near 198 W Moltke Street

Closed sales reported in 94014, nearest first, last 12 months. All recent sales in Daly City →

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