448-450 E Street
$2,015,000
—
3,151
3,151
$639
Virtual Tour
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...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.
- Listed by Andrew Pak • DRE #01877208 • Brokerage DRE #01931861 • EQ1 • 408-687-5866
Property Details for 448-450 E Street
MLS City Name
COLMA
Building TypeTRIPLEX
Garage Spaces2
Parking Spaces6
LISTING UPDATED: 11/19/2024 03:13 PM
Property Details for 448-450 E Street
Status | Active |
---|---|
MLS # | ML81984096 |
Days on Compass | 27 |
Taxes | $25,187 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | RESIDENTIAL INCOME / TRIPLEX |
Year Built | 1910 |
Lot Size | 0.09 AC / 4,008 SF |
County | San Mateo County |
Virtual Tour
Building Information for 448-450 E Street
Stories2Residences3Year Built1910Building Size-Lot Size0.09 AC / 4,008 SF
Property Information for 448-450 E Street
Property History for 448-450 E Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 448-450 E Street
Taxable ValueLand$14,624Additions$43,759Total$58,383
Tax Record2020$2,328 ($194 / month)
Home Facts
Beds0Lot Size4,008 SqFtStyleSingle Family ResidenceZoningR00000CountySAN MATEOAPN008144100
Schools near 448-450 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.