Property Details
About this Property
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 Listing Information
MLS #
ML81975713
MLS Source
MLSListings, Inc.
Days on Site
137
Interior Features
Kitchen
Countertop - Ceramic, Exhaust Fan
Appliances
Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric
Flooring
Carpet, Vinyl/Linoleum
Cooling
None
Heating
Gas
Exterior Features
Roof
Composition
Foundation
Slab
Parking, School, and Other Information
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
Unit Information
| # 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 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
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.
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This listing information is up-to-date as of November 08, 2024. For the most current information, please contact David Worden, (650) 726-1031
