448 450 E Street, Colma, CA 94014 - MLS#ML81984874

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Listed by Andrew Pak • EQ1

$2,015,000

Est. payment - /mo

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8 BD

3 BA

3,151 SqFt

Active

448 450 E Street Colma, CA 94014

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Daniel Ripper

[email protected] +1(415) 205-6312

UPDATED:

11/20/2024 05:53 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,151 sqft

Price per Sqft $639

MLS Listing ID ML81984874

Bedrooms 8

Full Baths 3

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1910

Lot Size 4,008 Sqft

Property 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.

Location

State CA

County San Mateo

Interior

Heating Forced Air

Cooling None

Flooring Tile

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Disposal, Gas Range, Microwave

Laundry Coin Operated

Exterior

Garage Spaces 2.0

Private Pool false

Building

Story 2

Foundation Slab

Water Public

Schools

School District Jefferson Union High, Jefferson Elementary

© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

Daniel Ripper

448 450 E Street Colma, CA 94014

Daniel Ripper

Key Details

Location

Interior

Exterior

Building

Schools

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448 450 E Street