122 Madrid Avenue
El Granada, CA 94018
3746 sqft | 0.14 acres | #ML81975713
Description
Just a short jaunt to Surfers Beach and Princeton Harbor on Half Moon Bay! Convenient to multiple (really good!) restaurants, the famous Mavericks Big Surf venue, the Half Moon Bay Yacht Club and Half Moon Bay General Aviation Airport. And oh, BTW, a terrific community in which to raise kids! Low crime rate and good schools. This fully leased residential 4-plex includes four large 1-bedroom, 1-bath units of identical floorplans. Each unit has its own covered parking and storage closet in the shared garage. The upstairs units have private decks, and the rear downstairs unit has a private patio. The large, shared back yard has potential for an ADU. The coin-op washer and dryer provide additional cash income for the property owner. This very well-located property has great owner-occupancy potential rent out 3 of the units and live virtually free in the 4th unit! An apartment building of 4 or fewer units, with the owner occupying one of the units, qualifies for a single-family owner-occupied loan, generally at lower than apartment rates!
Property Details
- Lot DescriptionLevel
- Stories2
Measurements
- Acres0.1435
- Square Feet3746
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1965
Material information
- FoundationSlab
Utilities / Energy Details
- Utility FeaturesNaturalGasAvailable
- Sewer InformationPublicSewer
Community and Neighborhood Details
- CountySan Mateo
- School DistrictOther
Financial Details
- Original List Price$2,400,000
- Taxes Annual$4,468
Other
- MLS #ML81975713
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Worden (#ML160110)
Listing Office: Windward Commercial Real Estate Services (#ML38705)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
