122 Madrid AVE Active Save Request In-Person Tour Request Virtual Tour
El Granada,CA 94018
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
Year Built 1965
Annual Tax Amount $4,468
Lot Size 6,250 Sqft
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
Exterior
Garage Off Street
Garage Spaces 4.0
Garage Description 4.0
Utilities Available Natural Gas Available
View Y/N No
Roof Type Composition
Building
Lot Description Level
Story 2
Foundation Slab
Sewer Public Sewer
Schools
School District Other
Others
Special Listing Condition Standard