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.

Features
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: No Common Walls
2
1
: 6.00
: Off Street
: Fire Sprinkler System
: Laundry
: Composition
: Tile
: Slab
: Central
: Public
: Public Sewer
: Dishwasher, Disposal, Electric Oven, Microwave, Refrigerator, Gas Cooktop, Range Hood, Vented Exhaust Fan
: Parking
MLS Addon
R00000
008144100
4,008
$0
2
Arlington
Arling
Miller
Other
$0
0
0
: Standard
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25/10/2024 10:57:25
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Residential For Sale

EStreet, Daly City, California, 94014

8 Bedrooms
3 Bathrooms (Full)
3,151 Sqft
Visits : 1
$2,015,000
Listing ID #ML81984874
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Residential
Property SubType : Single Family Residence
Price : $2,015,000
Price Per Square Foot : $639
Square Footage : 3,151 Sqft
Lot Area : 0.09 Sqft
Year Built : 1910
View : Mountain(s)
Bedrooms : 8
Bathrooms : 3
Bathrooms (Full) : 3
Listing ID : ML81984874
Agent info
Rina Maya
Designated Broker
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