474-476 Cypress Avenue

Half Moon Bay, CA 94019

$1,218,000
Last Sold Price
Beds
2,328 Sq. Ft.
$523 / Sq. Ft.
2,328
Sq. Ft.
$523
per Sq. Ft.

Description

Located on the west side of the Cabrillo Highway, this beach cottage duplex is perfect for an investor looking for a steady revenue or a homeowner looking to live on one side and earn income on the other. The 3 BR / 2 BA is currently tenant occupied, while the 2 BR / 1 BA is vacant. The vacant side can earn between $3200-3500/month. Each side has their own garage, washer and dryer as well as a rear yard for added privacy. This is a must see property - close to downtown and the beach, an absolute...Located on the west side of the Cabrillo Highway, this beach cottage duplex is perfect for an investor looking for a steady revenue or a homeowner looking to live on one side and earn income on the other. The 3 BR / 2 BA is currently tenant occupied, while the 2 BR / 1 BA is vacant. The vacant side can earn between $3200-3500/month. Each side has their own garage, washer and dryer as well as a rear yard for added privacy. This is a must see property - close to downtown and the beach, an absolute gem!

Listing Agent

  1. Kevin Ames

    Kevin Ames

    Listing Agent

    Compass

    DRE #01079494

    kevin.ames@compass.com

    P: (650)-995-6534

Property Details for 474-476 Cypress Avenue

MLS City Name
HALF MOON BAY
Building Type
DUPLEX
Style
Ranch
Garage Spaces
2
Parking Spaces
0
Cross Street
Pilarcitos Avenu
LISTING UPDATED: 11/19/2024 10:54 AM

Property Details for 474-476 Cypress Avenue

StatusSold
MLS #ML81981957
Days on Compass14
Taxes$9,515 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1966
Lot Size0.11 AC / 5,000 SF
CountySan Mateo County

Building Information for 474-476 Cypress Avenue

Stories1Residences2Year Built1966Building Size-Lot Size0.11 AC / 5,000 SF

Property Information for 474-476 Cypress Avenue

Features
External Links
Room Information
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
Features
  • Communications: None
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Laundry: Washer / Dryer
  • Living SqFt: 2328
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Pilarcitos Park
  • Roof: Bituthene
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 474 - 476
  • Street Name: Cypress
  • Street Suffix: Avenue
  • Area ID: 608
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2328
  • Structure SqFt Source: Assessor
  • Age: 58
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: R30000
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 056-142-230
  • County Name: San Mateo
  • City Name: HALF MOON BAY
  • City Postal ID: 22
  • Postal Code: 94019
  • Elementary School District: 924
  • High School District Text: Cabrillo Unified
Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .11
  • Lot Description: Grade - Level
  • 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: 1
General Information
  • Annual Tax Amount: $9,515
  • Building Unit Total: 2
  • Capitalization Rate: 2.56
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $1,536
  • Expense Landscape: $1,080
  • Expense Maintenance: $1,320
  • Expense Management: $0
  • Expense Trash: $983
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $14,434
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 26.32
  • Income Annual Gross: $45,144
  • Income Annual Rental: $45,600
  • Income Gross Scheduled: $45,600
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,800
Unit 2 Information
  • Unit 2 Approx Square Footage: 1000
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 1328

Property History for 474-476 Cypress Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 474-476 Cypress 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
Alvin S. Hatch Elementary School
PublicK to 5

Manuel F. Cunha Intermediate School
Public6 to 8

Half Moon Bay 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

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kevin Ames, DRE #01079494

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.