Christie's International Real Estate - Sereno
Kendra Gaeta, Christie's International Real Estate - SerenoPhone: (408) 728-0537
Email: [email protected]
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listing
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Residential IncomeFor Sale
$2,100,000
122 Madrid Ave
El Granada, CA 94018
Listed by: David Worden from Windward Commercial Real Estate Services, 650-726-1031
MLS: MLSListings Inc.
3,746Sq Ft
Est. Mortgage
$10,940/mo

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!

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Based on information from the MLSListings MLS as of 11/19/2024 01:18 PM. 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 courtesy of Windward Commercial Real Estate Services is subject to verification and is not guaranteed.
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