Colma, CA 94014,448 450 E Street
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Colma, CA 94014,448 450 E Street
Colma, CA 94014,448 450 E Street
Colma, CA 94014,448 450 E Street
Colma, CA 94014,448 450 E Street
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$ 2,015,000
Est. payment /mo
Active

448 450 E Street Colma, CA 94014

8 Beds

3 Baths

3,151 SqFt


UPDATED:

11/20/2024 01:22 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,151 sqft

Price per Sqft $639

MLS Listing ID ML81984874

Bedrooms 8

Full Baths 3

HOA Y/N No

Year Built 1910

Lot Size 4,008 Sqft

Acres 0.092

Property Description

Stunning Fully Rented Triplex with 5% Cap Rate in the Heart of Colma, CA! Welcome to this beautifully renovated triplex at 448, 450, and 450 1/2 E St in Colma, CA. Completely updated with permits, this property offers modern amenities and is compliant with todays standards, making it move-in ready for generational living or an ideal turn-key investment. This fully rented property generates a total monthly income of $10,749, or an annual income of $131,433.30, plus the additional laundry income from the laundry room at the property. Tenants pay for their utilities, leading to a cap rate of 5% at the list price of $2,015,000. Its the perfect opportunity for investors looking for a stable, low maintenance, income-generating property in a growing market. Nestled in a vibrant and friendly neighborhood, this triplex combines suburban tranquility with urban convenience. Located just 4 miles from Mussel Rock Park and Beach, 8 miles from San Francisco International Airport (SFO), 10 miles from downtown San Francisco, and 2 miles from Daly City, it's an ideal location for commuters and frequent travelers. The area is well-connected by public transit, ensuring hassle-free commuting. Don't miss out on this exceptional opportunity to own a piece of Colma's charm.

Location

State CA

County San Mateo

Area Listing

Zoning R000

Interior

Heating Forced Air

Cooling None

Flooring Tile

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Disposal, Gas Range, Microwave

Laundry Coin Operated

Exterior

Garage Spaces 2.0

Private Pool false

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two Story

New Construction No

Schools

School District Jefferson Union High

Others

Tax ID 008144100


Bridge MLS
Listed by Andrew Pak • EQ1

Lisa Reinsmith

Realtor® | License ID: 01512772

+1(925) 550-2689

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448 450 E Street