401 E Street

Colma, CA 94014

$1,695,000
Price
Beds
3,270 Sq. Ft.
$518 / Sq. Ft.
3,270
Sq. Ft.
$518
per Sq. Ft.

Description

Fourplex available on a peaceful, mostly single family residential street in Colma. This well cared for building has updated kitchen and bathrooms in all units, permit for roof 2017, permit for ext. deck/staircase 2021, double pane windows. A short stroll to the Colma BART Station. The property has a large, unused, portion of the lot to the rear of the building. The Colma Planning Department has expressed a desire to allow two ADU units to be located on this property. Here is a unique opportunity...Fourplex available on a peaceful, mostly single family residential street in Colma. This well cared for building has updated kitchen and bathrooms in all units, permit for roof 2017, permit for ext. deck/staircase 2021, double pane windows. A short stroll to the Colma BART Station. The property has a large, unused, portion of the lot to the rear of the building. The Colma Planning Department has expressed a desire to allow two ADU units to be located on this property. Here is a unique opportunity for your savvy investor.
  1. Listed by John Gieseker • DRE #00768503 • Brokerage DRE #01354442 • Intero Real Estate Services • 650-619-2216

Property Details for 401 E Street

MLS City Name
COLMA
Building Type
FOURPLEX
Garage Spaces
1
Parking Spaces
4
LISTING UPDATED: 11/18/2024 02:59 PM

Property Details for 401 E Street

StatusActive
MLS #ML81984070
Days on Compass35
Taxes$20,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1920
Lot Size0.15 AC / 6,700 SF
CountySan Mateo County

Building Information for 401 E Street

Stories3Residences4Year Built1920Building Size-Lot Size0.15 AC / 6,700 SF

Property Information for 401 E Street

Features
Features
  • Communications: None
  • Fireplace: No
  • Flooring: Vinyl / Linoleum
  • Laundry: Hookups Only
  • Living SqFt: 3270
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Enclosed, Parking Area, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Colma
  • Roof: Other
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 401
  • Street Name: E
  • Street Suffix: Street
  • Area ID: 670
Lot / Property Details
Building Information
  • Number Of Stories: 3
  • Number of Buildings: 1
  • Structure SqFt: 3270
  • Structure SqFt Source: Assessor
  • Age: 104
Development Information
  • Zoning Detail: R00000
Location Information
  • Directions: E Street is a cul-de-sac so you must enter off of Clark Ave, Colma.
  • Parcel Number: 008-143-310
  • County Name: San Mateo
  • City Name: COLMA
  • City Postal ID: 11
  • Postal Code: 94014
  • Elementary School District: 693
  • High School District Text: Jefferson Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $20,000
  • Building Unit Total: 4
  • Capitalization Rate: 4.53
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $3,000
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,656
  • Expenses Other: $0
  • Expenses Utility: $4,467
  • Expenses Total: $29,123
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 15.69
  • Income Annual Gross: $105,840
  • Income Annual Rental: $108,000
  • Income Gross Scheduled: $108,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,800
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,800
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $1,417

Property History for 401 E Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 E Street

Taxable ValueLand$74,429Additions$173,709Total$248,138
Tax Record2024$4,705 ($392 / month)
Home Facts
Baths4Total Finished SqFt3,270 SqFtAbove Grade Finished SqFt3,270 SqFtStories3Lot Size6,667 SqFtStyleQuadraplexYear Built1920ZoningR00000CountySAN MATEOAPN008-143-310

Schools near 401 E Street

This home is within Jefferson Elementary 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
Susan B. Anthony Elementary School
PublicK to 5

Thomas R. Pollicita Middle School
Public6 to 8

Westmoor High School
Public9 to 12

Oceana High 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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401 E Street is a multi-family home for sale in Colma, CA 94014. This property was listed for sale on October 17, 2024 by Intero Real Estate Services, it's currently listed at $1,695,000. This listing's school districts are Jefferson Elementary School District, Jefferson Union High School District. Nearby schools include Susan B. Anthony Elementary School, Thomas R. Pollicita Middle School and Westmoor High School. 401 E Street is a 0-bed, 0-bath, 3,270 sqft multi-family home built in 1920.

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Listing Courtesy of Intero Real Estate Services, John Gieseker, DRE #00768503

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.