122 Madrid AVE, El Granada, CA 94018
- $2,300,000
- 4
- BD
- 3,746
- SqFt
Listed by David Worden, 650-726-1031 from Windward Commercial Real Estate Services
(If provided) CoList: from
- List Price
- $2,300,000
- Price Change
- ▼ $100,000 1726705861
- MLS#
- ML81975713
- Status
- ACTIVE
- Zoning
- R30000
- Year Built
- 1965
- Age
- 59
- City
- El Granada
- Lot Size
- 6,250
- Zip
- 94018
- Sqft. of Residence
- 3,746
- Listing Area
- Lower El Granada
- Acres
- 0.14
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 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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Additional Information
- Acres
- 0.14
- Amenities
- None
- Cooling System
- None
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Concrete Slab
- Garage Parking
- Attached Garage, Off-Street Parking
- Heating System
- Gas
- Living Area
- 3,746
- Lot Description
- Grade - Level
- Lot Size
- 6,250
- Neighborhood
- Lower El Granada
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Natural Gas
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Unit1 Approxsqft
- 937
- Unit1 Beds
- 1
- Unit1 Rent
- 2100
- Unit2 Approxsqft
- 937
- Unit2 Beds
- 1
- Unit2 Rent
- 2400
- Unit3 Approxsqft
- 937
- Unit3 Beds
- 1
- Unit3 Rent
- 1600
- Unit4 Approxsqft
- 937
- Unit4 Beds
- 1
- Unit4 Rent
- 2200
- Water
- Water On Site
- Zoning
- R30000
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