Daly City, California, is experiencing robust short-term rental performance, with an average 57% occupancy rate, a $185 daily rate, and $22,369 in monthly revenue, making it a promising location for hosts and investors.
Thriving Short-Term Rental Market in Daly City, California
Daly City, California, is experiencing a robust short-term rental market, driven by its strategic location near San Francisco and the Bay Area. The city boasts an average occupancy rate of 57%, indicating a strong demand for short-term rentals. On average, hosts can expect a daily rate of $185, contributing to a substantial monthly revenue of $22,369. This performance is bolstered by the city's peak season, which spans from late spring through the summer months, and is further supported by events like the holiday season and the Pacific Orchid Exposition during the off-peak periods. With amenities such as high-speed Wi-Fi, dedicated workspaces, and easy access to public transportation being highly sought after, properties in Daly City are well-positioned to attract both tourists and business travelers, making it an attractive location for short-term rental investments.
Short-Term Rental Regulations in Daly City, California for 2024
General Requirements
- Primary Residence: The short-term rental must be conducted in the host's primary residence, where the host resides for at least 265 days per year.
Licensing and Permits
- Short-Term Rental Permit: Required and issued by the Planning Division.
- Business License: Required and issued by the Finance Department.
- Annual Renewal: Both the Short-Term Rental Permit and business license must be renewed annually, expiring on September 30th of each year.
Rental Limits
- Un-hosted Stays: Maximum of 100 days per year for stays where the host is not on-site.
- Hosted Stays: No limit on days for stays where the host is on-site.
Guest Limits
- Guest Capacity: Limit of two guests per bedroom plus two additional guests per stay.
Booking Restrictions
- Single Booking Per Day: Only one booking per property per day is allowed.
Contact and Responsibility Requirements
- Local Contact Person: Hosts must designate a local responsible contact person available 24 hours per day to address any concerns or requests for assistance. This contact person cannot be the host.
- Nuisance Responsibility: Hosts are responsible for any nuisance violations arising from short-term rental activities.
Tax Requirements
- Transient Occupancy Tax: Hosts must pay transient occupancy taxes pursuant to Chapter 3.32 of the Daly City Municipal Code.
Documentation and Fees
- Required Documents: Proof of primary residency, including a valid state-issued ID and other documents such as utility bills or property tax bills.
- Application Fees:
- New Short-Term Rental Permit: $750.00
- Permit Renewal: $142.50
- Review exceeding 1 hour of staff time: $165.00 per hour
- Business License: Minimum $110.00 per year.
Compliance and Enforcement
- Compliance with Regulations: Hosts must comply with all requirements outlined in the ordinance, including building, design, maintenance, habitability, health, and safety standards.
- Complaint Process: A 24/7 hotline and online complaint form are available for reporting issues related to short-term rentals.
Top Neighborhoods for Airbnb Revenue in Daly City, California
While specific neighborhood data for Daly City is not provided in the sources, we can infer the appealing factors and general areas that contribute to the city's attractiveness for Airbnb guests.
Why Daly City is Appealing
- Proximity to San Francisco: Daly City's close proximity to San Francisco makes it an attractive option for guests who want to explore the city's tourist attractions without the high costs of staying in San Francisco itself.
- Affordable Accommodations: Compared to San Francisco, Daly City offers more affordable accommodations, making it a budget-friendly choice for travelers.
- Scenic Views and Amenities: The city boasts scenic views and a diverse selection of restaurants, which are highly sought after by guests. Popular amenities include access to public transportation, high-speed Wi-Fi, cable TV, and fully equipped kitchens.
Potential High-Revenue Neighborhoods
Westlake Neighborhood
- Known for the Westlake Shopping Center, this area is appealing due to its convenient location to shops and restaurants.
- Guests appreciate the easy access to amenities and the relatively central location within Daly City.
Hillside Neighborhoods
- These areas often offer scenic views, which are a major draw for guests looking for a more picturesque stay.
- The hillside neighborhoods provide a quieter, more residential atmosphere while still being close to the city's amenities.
Downtown Daly City
- The downtown area is likely to attract guests due to its central location and proximity to public transportation.
- This area is also close to various dining and shopping options, making it convenient for travelers.
General Appeal
- Seasonal Demand: Peak season for Airbnb stays in Daly City is during the summer months (June through August), with spring and fall also being popular. This seasonal demand can drive revenue for properties in desirable neighborhoods.
- Regulatory Compliance: Neighborhoods with properties that comply with Daly City's short-term rental regulations, including noise and parking rules, are more likely to attract and retain guests.
While the sources do not specify exact neighborhoods, these factors suggest that areas with convenient access to amenities, scenic views, and compliance with local regulations are likely to generate the most Airbnb revenue in Daly City.
Tips for Furnishing and Designing an Inviting Airbnb in Daly City, California
Understand the Local Appeal
- Daly City's proximity to San Francisco and its own unique charm attract a diverse range of guests. Incorporate elements that reflect the city's blend of urban and suburban living.
Choose Modern and Comfortable Furnishings
- Invest in high-quality, stylish furnishings that are both comfortable and aesthetically pleasing. This includes modern appliances, comfortable beds, and sleek decor.
Utilize Natural Light
- Many rentals in Daly City highlight natural light as a key feature. Ensure that your space maximizes natural light through the use of light-colored paints, minimal window treatments, and strategically placed mirrors.
Incorporate Local Aesthetics
- Reflect the local style by combining modern furnishings with classic architectural details. Bright, open spaces that emphasize comfort and relaxation are highly appreciated by guests.
Provide Fully Stocked Amenities
- Ensure the kitchen is fully stocked with necessary utensils, glasses, plates, and appliances such as a stove, oven, microwave, fridge/freezer, and dishwasher. Additional amenities like a coffee maker and basic toiletries can enhance guest satisfaction.
Create Inviting Outdoor Spaces
- Daly City's pleasant weather makes outdoor spaces a valuable asset. Include features like a garden backyard, outdoor seating, dining tables with umbrellas, and access to a patio or backyard.
Ensure Proximity to Key Amenities
- Guests value easy access to public transportation, such as BART, and proximity to local amenities like grocery stores, restaurants, and shopping areas. Highlight these in your listing.
Design for Flexibility and Future-Proofing
- Consider the local regulations regarding short-term rentals. Designing the space to avoid being classified as an Accessory Dwelling Unit (ADU) by integrating it into the main home can help in complying with local laws. Avoid adding a second kitchen if it could be seen as creating a separate unit.
Maintain Cleanliness and Hygiene
- Implement a rigorous cleaning protocol to ensure guest safety and health. This is particularly important in the context of COVID-19 and other health concerns.
Add Personal Touches
- Personalize the space with local artwork, decorative items, and a welcoming atmosphere. This can make the space feel more like a home away from home for your guests.
Consider Technological Amenities
- Include modern technological amenities such as high-speed Wi-Fi, smart TVs, and premium channels to cater to the needs of tech-savvy travelers.
By following these tips, you can create an inviting and stylish Airbnb space in Daly City that reflects the city's unique charm and meets the expectations of discerning guests.
Local Attractions and Insider Tips for Daly City, California
Local Attractions
Nearby San Francisco Attractions
- Fisherman's Wharf: A lively area with a seafood market, pier, dining, amusement, shopping, and entertainment. Famous for its iconic signage near Pier 45 and the vibrant Pier 39.
- Golden Gate Park: A large park near the Golden Gate Bridge, known for its unparalleled environment design and various attractions like the California Academy of Sciences.
- California Academy of Sciences: A monumental building with a 49-metre-high open rotunda, surrounded by a lagoon and an exhibition center.
- Cable Cars: Take a historic ride and enjoy the views of San Francisco; the drivers are also excellent entertainers.
Daly City and Surroundings
- Cow Palace: Hosts the annual Grand National Rodeo, Horse & Stock Show, and has been the venue for various concerts and sports events.
- Thornton Beach: Part of the Golden Gate National Recreation Area, ideal for paragliding and hang gliding due to its topography.
- Serramonte Center and Westlake Shopping Center: Popular shopping destinations with plentiful free parking and lower sales tax rates compared to San Francisco.
Outdoor Activities
- Coastal Trail - Land's End: Offers spectacular coastal and Golden Gate views, with a mix of paved paths and narrow climbing stairs.
- Golf Courses: The Olympic Club, San Francisco Golf Club, and Lake Merced Golf Club have parts or all of their courses in or near Daly City.
Insider Tips
Neighborhoods to Explore
- Westlake: Known for its distinct architecture and as one of the earliest examples of a planned, large-tract suburb. It inspired Malvina Reynolds' song "Little Boxes".
- Bayshore: The easternmost neighborhood, formerly an incorporated city, now part of Daly City with its own unique character.
Cultural Experiences
- Grand National Rodeo, Horse & Stock Show: An annual event at the Cow Palace that offers a unique cultural experience.
- Filipino American Community: Daly City has a significant Filipino American population; exploring the local culture and cuisine can be a rewarding experience.
Practical Tips
- Parking and Shopping: Take advantage of the plentiful free parking and lower sales tax rates in Daly City's shopping centers compared to San Francisco.
- Public Transportation: Use the Daly City BART station for convenient rail service to downtown San Francisco and other parts of the Bay Area.
Local Landmarks
- Top of the Hill: The center of Daly City, historically known as La Portezuela or Daly's Hill, offers scenic views and historical significance.
- Alamo Square: While in San Francisco, visit Alamo Square for a perfect view of the "Full House" houses.
By sharing these attractions and tips, you can help your Airbnb guests make the most of their visit to Daly City and its surrounding areas.
Practical Tips to Run a Successful Short-Term Rental Business in Daly City, California
To ensure a successful and compliant short-term rental business in Daly City, California, several practical tips can be implemented. First, it is crucial to adhere to the city's noise regulations by informing guests about quiet hours through clear communication in both digital and physical house manuals. These manuals should also include essential instructions, Wi-Fi passwords, and other pertinent information to enhance the guest experience.
A simplified check-in process can be achieved by utilizing smart locks, which eliminate the need for physical key exchanges and provide guests with immediate access to the property. Additionally, providing detailed parking instructions accompanied by photos can help reduce confusion and ensure a smooth arrival.
Compliance with local regulations, such as the requirement for the property to be the host's primary residence and the limit of 100 days per year for un-hosted stays, is also vital. Designating a local responsible contact person available 24/7 to address any concerns further ensures a hassle-free experience for both hosts and guests. By following these tips, hosts can maintain high guest satisfaction, avoid potential fines, and optimize their short-term rental operations in Daly City.
Here is a brief list of house cleaning services in Daly City, California:
House Cleaning Services in Daly City, CA
Care.com
- Offers 44 affordable house cleaning options starting at $25.56/hr.
- Search by rates, reviews, experience, and more.
Homeaglow
- Provides top-rated, professional, and background-checked house cleaners.
- Book your first 3-hour clean from $19.
Angi
- Lists top 10 best house cleaners with real reviews and ratings.
Diamond Certified
- Features house cleaners rated an average of 4.2 out of 5 stars based on 542 reviews of 45 rated house cleaners.
Cleaning Glow
- Offers highly skilled and experienced cleaners, background-checked employees, and includes cleaning supplies.
- Instant booking available.
Note that these sources do not mention repair or maintenance providers specifically, but focus on house cleaning services.
Short-Term Rental Management Fees in Daly City, California
In Daly City, California, the fees for managing short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. For instance, companies like GoSummer charge starting at 20% of revenue for full-service vacation rental and Airbnb management.
On the other hand, basic services or flat-fee models may be more cost-effective. For example, Ziprent offers a flat monthly fee of $125 per property, with additional fees for tenant placement and lease renewals.
Additionally, property owners may incur extra costs for services like cleaning, repairs, or design enhancements, which can be billed separately or included in the overall management fee. Compliance with local regulations, including obtaining necessary permits and paying the 14% Transient Occupancy Tax (TOT), is also a critical aspect of short-term rental management in Daly City.