CA > Colma
Colma, CA 94014,E ST
Colma, CA 94014,E ST
Colma, CA 94014,E ST
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$2,015,000
Est. payment /mo
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3,151 SqFt
New

E ST Colma, CA 94014

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Frances Inda

Frances Inda

+1(858) 753-3405

UPDATED:

10/25/2024 09:13 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,151 sqft

Price per Sqft $639

MLS Listing ID ML81984096

HOA Y/N No

Year Built 1910

Annual Tax Amount $25,187

Lot Size 4,007 Sqft

Acres 0.092

Property Description

Stunning Fully Rented Triplex with 5% Cap Rate in the Heart of Colma, CA! Welcome to this beautifully renovated triplex at 448, 450, and 450 1/2 E St in Colma, CA. Completely updated with permits, this property offers modern amenities and is compliant with todays standards, making it move-in ready for generational living or an ideal turn-key investment. This fully rented property generates a total monthly income of $10,749, or an annual income of $131,433.30, plus the additional laundry income from the laundry room at the property. Tenants pay for their utilities, leading to a cap rate of 5% at the list price of $2,015,000. Its the perfect opportunity for investors looking for a stable, low maintenance, income-generating property in a growing market. Nestled in a vibrant and friendly neighborhood, this triplex combines suburban tranquility with urban convenience. Located just 4 miles from Mussel Rock Park and Beach, 8 miles from San Francisco International Airport (SFO), 10 miles from downtown San Francisco, and 2 miles from Daly City, it's an ideal location for commuters and frequent travelers. The area is well-connected by public transit, ensuring hassle-free commuting. Don't miss out on this exceptional opportunity to own a piece of Colma's charm.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R00000

Interior

Heating Central

Cooling None

Flooring Tile

Fireplace No

Appliance Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan

Exterior

Garage Off Street

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Roof Type Composition

Accessibility Parking

Parking Type Off Street

Total Parking Spaces 6

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 008144100

Security Features Fire Sprinkler System

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Andrew Pak • EQ1

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Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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