Active
122 Madrid AVE
EL GRANADA CA, 94018
$2,100,000
$560.60 per sqft
Active
3,746 sqft
Multi-family
Built in 1965
Listed by Windward Commercial Real Estate Services, David Worden, Listing Contact: 6507261031
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!
ML81975713
MLSⓇ ID
August 6, 2024
Listed
November 22, 2024
Updated
Map
122 Madrid AVE
EL GRANADA CA, 94018
Interior Features
Total Stories
2
Appliances
Oven, Range, Disposal
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Level
Roof
Composition
Sewer
Public Sewer
School Information
School District
Cabrillo Unified
Other Property Details
Area Name
Lower El Granada
Garage
Yes
Garage Spaces
4
Parking
Off Street, Attached
Parking Total
4
View
No
County
San Mateo
Pool
No
Zoning
R30000
Listing History
Date | Event | Price |
---|---|---|
10/16/2024 | Price change | $2,100,000 -9% |
9/18/2024 | Price change | $2,300,000 -5% |
Listed by Windward Commercial Real Estate Services, David Worden,
Listing Contact: 6507261031
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Data last updated 4:48 AM UTC, 11/22/2024