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Pending
1699000
/mo

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Ruhi Alikhan
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1341 Main StreetPending

Montara, CA 94037

0

1699000-100.0%

8Beds

4Baths

2764SqFt


UPDATED

 

Key Details

Property Type Single Family Home

Lot Size 5,000 Sqft

Year Built 1963

Purchase Type For Sale

Listing Status Pending

MLS Listing ID ML81764828

Price per Sqft $614

Property Description

RARE FOURPLEX FOR SALE - just across scenic Highway 1 from the Pacific Ocean lies an incredible investment opportunity! A mere 3 blocks from Montara State Beach, a wide, mile-long stretch of soft sand and great surf. Nearby Montara Mountain offers gorgeous views of the ocean or bay from numerous hiking and biking trails. Each of the 4 units has approximately 700 sq ft with 2 bedrooms and 1 bathroom, carport parking, storage area and use of onsite laundry room. The upstairs apartment with ocean and mountain views was recently vacated and we purposely kept it off the market to accommodate showings. Unit #1 on the lower level is occupied by the property managers and will also be available during open house tours. Projected rents at full occupancy are $123,000. Preventative maintenance has kept expenses low and the building in good condition. Estimated cap rate is 5%. Easy commute to SF or Peninsula. Come see what the nature-loving Coastsider life has to offer the savvy investor!

Location

State CA

County San Mateo

Area All Other Counties/states

Zoning C1

Rooms

Kitchen Counter - Tile,Garbage Disposal

Other Rooms Dining Area

Interior

Laundry Coin Operated

Heating No Heat

Cooling None

Flooring Hardwood Floors,Laminate,Carpet

Exterior

Garage Carport - 1

View Mountains

Building

Foundation Crawl Space

Sewer Sewer System - Public,Water - Public

Water Sewer System - Public,Water - Public

Schools

Elementary Schools Farallone View Elementary School

Middle Schools Cunha Intermediate School

High Schools Half Moon Bay High School

School District Not Listed

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Listing Provided ByStephanie Sills (02060529) of Compass

Nearby School & Properties

27 WALK
SCORE
Car-Dependent
School data provided by GreatSchools for your convenience. Please contact schools directly for enrollment eligibility.

PROPERTY HISTORY

Date Event Price Source

    Neighborhood Demographic

    Ruhi Alikhan Compass

    Ruhi Alikhan

    Broker Associate | License ID: 01423713

    925-361-7449

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