There are multiple listings for this address:
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.
Property Details
Price:
$2,015,000
MLS #:
ML81984096
Status:
Active
Baths:
0
Address:
E Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Colma
Listed Date:
Oct 25, 2024
State:
CA
ZIP:
94014
Lot Size:
4,008 sqft / 0.09 acres (approx)
Year Built:
1910
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
Parking
Appliances
Gas Cooktop, Dishwasher, Vented Exhaust Fan, Disposal, Range Hood, Microwave, Electric Oven, Refrigerator
Cooling
None
Flooring
Tile
Heating
Central
Exterior
Foundation Details
Slab
Garage Spaces
2.00
Parking Features
Off Street
Parking Spots
6.00
Roof
Composition
Security Features
Fire Sprinkler System
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- AddressE Street Colma CA
- Area699 – Not Defined
- CityColma
- CountySan Mateo
- Zip Code94014
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Courtesy of EQ1. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
E Street
Colma, CA
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.
Property Details
Price:
$2,015,000
MLS #:
ML81984874
Status:
Active
Beds:
8
Baths:
3
Address:
E Street
Type:
Single Family
Subtype:
Triplex
Neighborhood:
699notdefined
City:
Colma
Listed Date:
Oct 25, 2024
State:
CA
Finished Sq Ft:
3,151
ZIP:
94014
Lot Size:
4,008 sqft / 0.09 acres (approx)
Year Built:
1910
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
Parking
Appliances
Gas Cooktop, Dishwasher, Vented Exhaust Fan, Disposal, Range Hood, Microwave, Electric Oven, Refrigerator
Cooling
None
Flooring
Tile
Heating
Central
Exterior
Foundation Details
Slab
Garage Spaces
2.00
Parking Features
Off Street
Parking Spots
6.00
Roof
Composition
Security Features
Fire Sprinkler System
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- AddressE Street Colma CA
- Area699 – Not Defined
- CityColma
- CountySan Mateo
- Zip Code94014
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