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Chuck Lamm

chuck.lamm@engelvoelkers.com +1(818) 652-2876

$ 2,100,000

Est. payment -/mo

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Price Dropped by $200K

122 Madrid AVE El Granada, CA 94018

3,746 SqFt

UPDATED:

10/16/2024 08:38 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,746 sqft

Price per Sqft $560

MLS Listing ID ML81975713

HOA Y/N No

Year Built 1965

Annual Tax Amount $4,468

Lot Size 6,250 Sqft

Acres 0.1435

Property Description

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!

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R30000

Interior

Cooling None

Flooring Carpet

Fireplace No

Appliance Disposal, Range Hood, Vented Exhaust Fan

Exterior

Garage Off Street

Garage Spaces 4.0

Garage Description 4.0

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Accessibility Parking

Parking Type Off Street

Total Parking Spaces 4

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Schools

School District Other

Others

Tax ID 047045020

Security Features Security Lights

Special Listing Condition Standard

Listed by David Worden • Windward Commercial Real Estate Services

Chuck Lamm

Broker Associate | License ID: 00857151

+1(818) 652-2876

Chuck Lamm

122 Madrid AVE El Granada, CA 94018

Key Details

Location

Interior

Exterior

Building

Schools

Others

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122 Madrid AVE