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!
MLS #
ML81975713
MLS Source
MLSListings, Inc.
Days on Site
87
Kitchen
Countertop - Ceramic, Exhaust Fan
Appliances
Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric
Flooring
Carpet, Vinyl/Linoleum
Cooling
None
Heating
Gas
Roof
Composition
Foundation
Slab
Garage/Parking
Attached Garage, Off-Street Parking, Garage: 4 Car(s)
Elementary District
Cabrillo Unified
High School District
Cabrillo Unified
Sewer
Public Sewer
Water
Water On Site
Zoning
R30000
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 937 | 1 | 1/0 | $2,100 |
2 | 937 | 1 | 1/0 | $2,400 |
3 | 937 | 1 | 1/0 | $1,600 |
4 | 937 | 1 | 1/0 | $2,200 |
122 Madrid Ave is a Residential Income in El Granada, CA 94018. This 3,746 square foot property sits on a 6,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,100,000 and was built in 1965.
This address can also be written as 122 Madrid Ave, El Granada, CA 94018.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of October 16, 2024. For the most current information, please contact David Worden, (650) 726-1031