Address not disclosed, Half Moon Bay, CA 94019

$885,000

$918,000

3.6%

Est.Price: ?

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Est. payment -/mo

3,620 SqFt

SOLD DATE : 06/06/2016

Key Details

Sold Price $885,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,620 sqft

Price per Sqft $244

MLS Listing ID ML81518137

Sold Date 06/06/16

HOA Y/N No

Year Built 1977

Annual Tax Amount $13,775

Lot Size 5,998 Sqft

Property Description

This spacious duplex, 3bd/1.5ba and 2bd/1ba, has 2 garage units, decks and fenced front/back yard. Walking distance to beaches, schools, downtown restaurants and shops. Strong demand and limited supply for local apartment units has created low vacancy/rising rents environment. New owner can add value by renovating and re-tenanting. This property is attractively priced below recent sales comps. 100% occupied at below market rents. Market rent estimates: 3bd/1.5ba: $3100-$2900. 2bd/1ba:$2300-$2100.

Location

State CA

County San Mateo

Zoning R-3

Interior

Heating Forced Air

Cooling None

Flooring Carpet

Fireplace No

Appliance Refrigerator

Exterior

Garage Covered, Off Street

Garage Spaces 4.0

Garage Description 4.0

Roof Type Composition

Building

Story 2

Water Public

Schools

School District Other

Others

Tax ID 056141890

Financing Cash

Special Listing Condition Standard

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Gatehouse Properties

info@gatehouseproperties.com +1(714) 743-9882

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Listed by Randy Kinghorn • Kinghorn Commercial Properties
Bought with Randy Kinghorn • Kinghorn Commercial Properties

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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