448 450 E ST Active Save Request In-Person Tour Request Virtual Tour
Daly City,CA 94014
Key Details
Property Type Single Family Home
Sub Type Single Family Home
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
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
Area Colma
Zoning R00000
Rooms
Family Room Kitchen / Family Room Combo
Other Rooms Laundry Room
Dining Room Dining Area in Family Room
Kitchen Cooktop - Gas,Countertop - Other,Dishwasher,Exhaust Fan,Garbage Disposal,Hood Over Range,Microwave,Oven - Electric,Oven Range - Electric,Refrigerator
Interior
Heating Central Forced Air
Cooling None
Flooring Tile,Vinyl / Linoleum
Laundry Coin Operated
Exterior
Garage Attached Garage,Off-Street Parking,Parking Area
Garage Spaces 2.0
Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities
Roof Type Composition
Building
Story 2
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable