El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
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Listed by David Worden • Windward Commercial Real Estate Services
$ 1,800,000
Est. payment | /mo

3,746 SqFt


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$ 1,800,000
Est. payment | /mo
Save

3,746 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,746 sqft

Price per Sqft $480

MLS Listing ID ML81975713

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1965

Lot Size 6,250 Sqft

Property Sub-Type Quadruplex

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

Interior

Heating Natural Gas

Cooling No Air Conditioning

Fireplace No

Building

Lot Description Level

Schools

School District Cabrillo Unified, Cabrillo Unified

Bay East AOR and Contra Costa AOR

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122 Madrid Avenue