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Address Not Provided
Priced at Only: $2,015,000
For more Information Call Mobile: 714.478.6676
Address: Address Not Provided
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  • MLS#: ML81984096 ( Triplex )
  • Street Address: Address Not Provided
  • Viewed: 2
  • Price: $2,015,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1910
  • Bldg sqft: 0
  • Days On Market: 63
  • Additional Information
  • County: SAN MATEO
  • City: Colma
  • Zipcode: 94014
  • Provided by: EQ1
  • Contact: Andrew Andrew
  • California Regional MLS IDX
  • DMCA Notice
  • 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 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.
Features
Accessibility Features
  1. Parking
Appliances
  1. Gas Cooktop
  2. Dishwasher
  3. Vented Exhaust Fan
  4. Disposal
  5. Range Hood
  6. Microwave
  7. Electric Oven
  8. Refrigerator
Building Area Total
  1. 3151.00
Carport Spaces
  1. 0.00
Cooling
  1. None
Flooring
  1. Tile
Foundation Details
  1. Slab
Garage Spaces
  1. 2.00
Heating
  1. Central
Insurance Expense
  1. 4055.00
Otherexpense
  1. 0.00
Otherincome1
  1. 2445.00
Parcel Number
  1. 008144100
Parking Features
  1. Off Street
Property Type
  1. Triplex
Roof
  1. Composition
Security Features
  1. Fire Sprinkler System
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 81984096:MLSL
Totalexpenses
  1. 30682.00
Trash Expense
  1. 0.00
Virtual Tour Url
  1. https://sites.nxt-genmedia.net/vd/150851306
Water Source
  1. Public
Year Built
  1. 1910
Year Built Source
  1. Assessor
Zoning
  1. R00000
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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