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.
PERFECT FOR IN-LAWS and THE LARGE FAMILY! Don't miss this COMPLETELY REMODELED HOME in the quiet and serene Town of Colma. Fabulous home for the large family which has an ideal floor plan with ADU potential! ADU plans available. This remodeled home in 2022 home is like band new. Kitchen, Baths, Appliances, Electrical, Plumbing a of lot value in this home for the money! This is a spacious two story home with new hardwood floors, a wood-burning fireplace, a large formal living and dining area, custom kitchen, large two car garage and a rear yard perfect for entertaining. Upstairs features three bedrooms and one and a half bathrooms, downstairs has family kitchen area, plus large living room along with one bedroom and one bath. Condition Excellent! Location Excellent! Neighborhood Park Next Door, Walking Distance to Bart, Easy access to SF or the Peninsula! Price A lot of home for the money! D O N ' T M I S S ! By far the best value in Colma, Daly City and South San Francisco. '
Colma is located in California. Colma, California has a population of 1,353. Colma is less family-centric than the surrounding county with 33.84% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Colma, California is $102,500. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Colma is 39 years.
The average high temperature in July is 66.6 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 25.3 inches per year, with 0 inches of snow per year.