$2,100,000
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122 Madrid Avenue El Granada, CA 94018
Fourplex
Residence
Beds
Baths
...
Bed/Bath
3,746
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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! Lo...w 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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MLS#
ML81975713
Property Type
Fourplex
Year Built
1965
Square Feet
3,746
sq. ft
Lot Size
0.14
Sewer
Public Sewer
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