122 Madrid Avenue
$2,100,000
—
3,746
3,746
$561
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...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!
- Listed by David Worden • DRE #00622628 • Brokerage DRE #00622628 • Windward Commercial Real Estate Services • 650-726-1031
Property Details for 122 Madrid Avenue
MLS City Name
EL GRANADA
Building TypeFOURPLEX
Garage Spaces4
Parking Spaces4
Cross StreetAvenue Alhambra
LISTING UPDATED: 11/07/2024 10:34 PM
Property Details for 122 Madrid Avenue
Status | Active |
---|---|
MLS # | ML81975713 |
Days on Compass | 107 |
Taxes | $4,468 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / Fourplex |
Year Built | 1965 |
Lot Size | 0.14 AC / 6,250 SF |
County | San Mateo County |
Building Information for 122 Madrid Avenue
Stories2Residences4Year Built1965Building Size-Lot Size0.14 AC / 6,250 SF
Property Information for 122 Madrid Avenue
Property History for 122 Madrid Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 122 Madrid Avenue
Taxable ValueLand$23,975Additions$84,604Total$108,579
Tax Record2024$4,930 ($411 / month)
Home Facts
Baths4Total Finished SqFt3,746 SqFtAbove Grade Finished SqFt3,746 SqFtStories2Lot Size6,250 SqFtStyleQuadraplexYear Built1965ZoningR30000CountySAN MATEOAPN047-045-020
Schools near 122 Madrid Avenue
This home is within Cabrillo Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
El Granada Elementary School PublicK to 5 | ||
Manuel F. Cunha Intermediate School Public6 to 8 | ||
Half Moon Bay High School Public9 to 12 | ||
Pilarcitos Alternative High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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