Apartment Acquisitions · Daly City
Sell Your Commercial Property In Daly City, CA
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Daly City and across San Mateo County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Westlake · Serramonte · Top of the Hill · South San Francisco — San Mateo County, CA
The Daly City Market
What Drives Rentals In Daly City
Daly City, CA sits on the Peninsula directly south of San Francisco, with BART service at its own Daly City and Colma stations linking renters to jobs across the region. Census data puts the population at 101,964 and median household income at $123,547 (ACS 2020-2024). Renters hold 39.8% of the city's 32,262 occupied households, and 25.8% of housing sits in buildings of five or more units. For an owner who wants to sell commercial property in Daly City, CA, that renter-heavy, transit-served base near Serramonte Center supports steady multifamily demand.
BART at Daly City and Colma
The Daly City and Colma BART stations carried 5,308 and 1,944 average weekday riders in June 2026, per BART's own monthly ridership report.Seton Medical Center
Seton Medical Center in Daly City reported 357 inpatient beds in its most recent facility filing with California's hospital building safety division.Serramonte Center retail
Serramonte Center spans 1,072,259 square feet with 104 shops anchored by Macy's, Target and Kohl's, per Regency Centers' own leasing page.Our Buy Box
What We Buy In Daly City
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Daly City Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Daly City
Renters hold 39.8% of Daly City's 32,262 occupied households, per the Census Bureau's ACS 2020-2024 tenure table. Multifamily buildings of five or more units hold 25.8% of the city's 35,922 housing units, and the median year a structure was built is 1965, so 78.3% of Daly City's housing predates 1980. That older stock near the Daly City and Colma BART stations is the inventory an owner reviews before deciding to sell your apartment building in Daly City.
Rents and affordability
Median gross rent in Daly City is $2,551 a month, per the Census Bureau's ACS 2020-2024 estimate. Under HUD's FY2027 fair market rents for the San Francisco, CA HUD Metro FMR Area, which covers San Mateo County, a two-bedroom unit is set at $3,697, a $1,146 gap above Daly City's in-place median. Owners who sell commercial property in Daly City, CA model that gap against HUD's benchmark before pricing a sale.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $2,574 |
| One-bedroom | $3,003 |
| Two-bedroom | $3,697 |
| Three-bedroom | $4,832 |
| Four-bedroom | $5,439 |
Property taxes in San Mateo County
San Mateo County assesses real property under Proposition 13 at a 1% base rate, so a $2,000,000 apartment building in Daly City carries a $20,000 annual general tax before voter-approved debt add-ons, per the County Controller's tax rate book. On a sale, the county's documentary transfer tax is $1.10 per $1,000, or $2,200 on that $2,000,000 price. Daly City's Municipal Code includes its own Real Property Transfer Tax chapter, but the city's FY2027 master fee schedule lists no added Daly City rate on top of the county figure, unlike San Mateo, which layers its own 0.5% tax under a separate ordinance. That means selling commercial property in Daly City carries a confirmed $2,200 county transfer-tax cost on a $2,000,000 sale, with no additional city charge established beyond it.
Landlord rules
Security deposits on Daly City rentals of five or more units are capped at one month's rent under statewide AB 12, effective July 1, 2024, per San Mateo County's own notice. Daly City has not adopted a local just-cause eviction or rent-cap ordinance of its own; California's statewide Tenant Protection Act applies instead, requiring just cause after 12 months of tenancy under Civil Code Section 1946.2 and capping most annual rent increases at 8.8% for San Mateo County through July 2027 under Civil Code Section 1947.12. Anyone preparing to sell commercial real estate in Daly City, CA should reconcile AB 12 deposit ledgers and Tenant Protection Act notices before closing.
What it means for an owner
An owner who wants to sell commercial property in Daly City, CA is pricing a market where 39.8% of households rent, five-plus-unit buildings hold a quarter of the stock, and 53.6% of renters already pay 30% or more of income toward rent, per the ACS 2020-2024 rent-burden table. BART access at the Daly City and Colma stations, Seton Medical Center's inpatient beds, and Serramonte Center's regional retail base support that renter demand. Run the numbers with Skyline Capital Investments' cap rate calculator, and when ready, Skyline buys 5+ unit apartment buildings directly through its sell-my-apartment-building page.
Good To Know
What Shapes A Daly City Offer
More about selling in California →Investing in Daly City? See apartment syndications in Daly City →
- Daly City's FY2027 fee schedule lists no added city transfer tax beyond the county's $1.10-per-$1,000 rate.
- AB 12 caps most Daly City security deposits at one month's rent as of July 1, 2024, per San Mateo County's own notice.
- Owners who sell commercial real estate in Daly City, CA should confirm Tenant Protection Act just-cause status before marketing a sale.
Seller Guides
Selling A Building In Daly City
Learn More
Taxes & Rules For Daly City Property
The California rules that shape any deal in Daly City: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Daly City Seller FAQ
How do I sell commercial property in Daly City, CA?
Start with a current rent roll and San Mateo County's $1.10-per-$1,000 documentary transfer tax, since no added Daly City rate appears on the city's own FY2027 fee schedule. Skyline Capital Investments buys 5+ unit buildings directly and can model net proceeds against HUD's FY2027 fair market rents for the San Francisco HUD Metro FMR Area.
Does Daly City have its own transfer tax when I sell?
Daly City's Municipal Code includes a Real Property Transfer Tax chapter, but the city's FY2027 master fee schedule and statewide title-industry transfer-tax guides list no added Daly City rate beyond the county's $1.10 per $1,000. That leaves a confirmed $2,200 total on a $2,000,000 sale, the same as the county rate alone.
What is the best way to sell commercial real estate in Daly City, CA?
Price against ACS 2020-2024 fundamentals: a 39.8% renter share, 25.8% of units in five-plus-unit buildings, and $2,551 median gross rent. Weigh those against HUD's FY2027 two-bedroom FMR of $3,697 and California's 8.8% Tenant Protection Act rent cap for San Mateo County before setting an asking price.
Does Daly City have rent control or just-cause eviction rules?
Daly City has not adopted its own rent-control or just-cause ordinance. Instead, California's statewide Tenant Protection Act applies: Civil Code Section 1946.2 requires just cause after 12 months of tenancy, and Section 1947.12 caps most annual increases at 8.8% for San Mateo County through July 2027.
Who is buying apartment buildings in Daly City right now?
Buyers include private investors drawn to BART-adjacent, renter-heavy blocks near the Daly City and Colma stations and Serramonte Center. Owners who sell multifamily property in Daly City typically bring a current rent roll, AB 12 deposit ledger, and the property's pre-1980 maintenance history, since 78.3% of the city's stock dates to before 1980.
Will you buy a Daly City property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in San Mateo County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Daly City?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Daly City?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Selling A Building In Daly City?
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
