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Sold for $2,000,000
  • Tax assessed value
    $2,000,000

    198 W Moltke St, Daly City, CA 94014

    5beds
    4baths
    5,979sqft
    Residential Income
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $335/sqft
    $5,880 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $5,880/mo

    Zestimate® history
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    $12,594/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Valerie Hinton 01828277 650-773-2042,

    Valerie Hinton, Broker 650-773-2042

    Bought with:

    William Lee, 02216007

    Nation Home Realty

    Source: MLSListings Inc,MLS#: ML81955718MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Kitchen
    • Features: _220VoltOutlet, Countertop_Granite, Countertop_Tile
    Heating
    • Floor Furnace, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Range Hood, Oven/Range, Refrigerator
    • Laundry: None
    Features
    • Flooring: Carpet, Laminate, Tile
    • Doors: None
    • Windows: None
    Interior area
    • Total structure area: 5,979
    • Total interior livable area: 5,979 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached
    • Garage spaces: 6
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 4,320 Square Feet
    Details
    • Parcel number: 003302340
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Residential Income
    Materials
    • Concrete
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1931

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: Daly City

    Financial & listing details

    • Price per square foot: $335/sqft
    • Tax assessed value: $2,000,000
    • Annual tax amount: $6,800
    • Date on market: 2/28/2024
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    9/12/2024Sold$2,000,000-11.1%$335/sqft
    Source: MLSListings Inc #ML81955718 Report a problem
    8/13/2024Pending sale$2,250,000$376/sqft
    Source: MLSListings Inc #ML81955718 Report a problem
    8/9/2024Contingent$2,250,000$376/sqft
    Source: MLSListings Inc #ML81955718 Report a problem
    7/24/2024Listed for sale$2,250,000$376/sqft
    Source: MLSListings Inc #ML81955718 Report a problem
    7/12/2024Contingent$2,250,000$376/sqft
    Source: MLSListings Inc #ML81955718 Report a problem
    2/28/2024Listed for sale$2,250,000$376/sqft
    Source: MLSListings Inc #ML81955718 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,208 +348%$2,000,000 +513.3%
    2024$5,850 -6.5%$326,125 +2%
    2023$6,256 -7.3%$319,731 +2%
    2022$6,750 +15.2%$313,463 +2%
    2021$5,860 +3.7%$307,318 +1%
    2020$5,650 -4%$304,168 +2%
    2019$5,887 +8.1%$298,205 +2%
    2018$5,446 +4.3%$292,359 +2%
    2017$5,224 +1.2%$286,628 +2%
    2016$5,163 -1.4%$281,009 +1.5%
    2015$5,238 $276,789 +2%
    2014$5,238 $271,368 +0.5%
    2013-- $270,142 +2%
    2012-- $264,846
    2011-- $264,846 +2.8%
    2010-- $257,714 -0.2%
    2009-- $258,327 +2%
    2008-- $253,263 +2%
    2007-- $248,298 +2%
    2006-- $243,431
    2005-- $243,431 +4%
    2004-- $233,981 +1.9%
    2003-- $229,693 +2%
    2002-- $225,190 +2%
    2001-- $220,775 +2%
    2000-- $216,447
    Find assessor info on the county website

    Neighborhood: Vista Grande

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: JeffersonElementary_1

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.