REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,015,000
Est. payment /mo
Active
448 450 E Street Colma, CA 94014
8 Beds
3,151 SqFt
UPDATED:
11/20/2024 10:53 AM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,151 sqft
Price per Sqft $639
MLS Listing ID ML81984096
Bedrooms 8
HOA Y/N No
Year Built 1910
Lot Size 4,008 Sqft
Acres 0.09
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 No Air Conditioning
Flooring Tile
Fireplace No
Window Features Double Pane Windows
Laundry Coin Operated
Building
New Construction No
Schools
School District Jefferson Union High
Others
Tax ID 008144100
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Andrew Pak • EQ1
GET MORE INFORMATION
QUICK SEARCH