What's a realistic Daly City cap rate?
B-class SFR: 3.5-4.5%. Small-multifamily: 4.0-5.5%. Anything claiming 7%+ in Daly City is either C-class neighborhood or pro-forma fiction.
For Daly City investors
Roger Grubb specializes in Bay Area small-multifamily and SFR-rental underwriting. He has closed Richmond duplexes, Concord triplexes, and Oakland 4-unit properties. He underwrites on actual rents and actual carrying costs — not Zillow estimates. (510) 504-0402.
Daly City stats: median $1,120,000 · $800/sqft · 12 DOM.
Why Daly City for investors
Dense, diverse, walkable, multi-cultural. Westlake architecture, BART access, and direct freeway to SF.
Roger\'s read: Crocker (close to Colma) has the lowest prices. Westlake is the architectural calling card. Bayshore has waterfront-adjacent value.
B-class SFR: 3.5-4.5%. Small-multifamily: 4.0-5.5%. Anything claiming 7%+ in Daly City is either C-class neighborhood or pro-forma fiction.
Year 1 typically no. The math works on 5+ year holds with rent growth + appreciation + principal paydown.
Yes. Roger works with two qualified intermediaries and has hit 45-day identification windows under tight conditions.
Roger's 18-year East Bay + Peninsula network surfaces 1-in-4 deals before they hit MLS. Investors avoid bidding wars there.